LAHORE: The Federal Board of Revenue’s (FBR) Regional Tax office-II (RTO-II) Lahore has surpassed the target of the first month of the new fiscal year 2015-16 by collecting Rs 4.3 billion in wake of taxes against Rs 3.9 million assigned target.
As per details, RTO-II has achieved Rs 400 million more revenue against the set target marking 11 percent surplus.
Regional Tax office-II has collected Rs 2.5 billion under the head of sales tax, Rs 1.75 billion in wake of income tax and Rs 400 million in terms of federal excise duty during the July, 2015.
Officials told Customs Today that team of RTO-II was optimistic in achieving the revenue target for the running fiscal year by following the suite.
