GILGIT-BALTISTAN: The Collectorate of Gilgit-Baltistan fetched Rs77.42million extra revenue collection of all duties and taxes during three months and 25 days (1st July to 25th of October) Financial Year 2017-18 against the revenue collection of the same period of corresponding Financial Year 2016-17.
According to details given by sources that Gilgit-Baltistan (GB) earned Rs1355.88million as all taxes during three and 25 days of FY17-18 while it did Rs1278.46million during the same period under all the tax heads in previous FY16-17. The Collectorate of GB showed 6.6% extra growth during above said period of FY17-18 against the corresponding period.
The sources told CT that the GB received Rs63.77million extra revenue of all duties and taxes during the first 25 days of October FY17-18 against the collection of same period of last year FY16-17. The GB generated Rs317.62million during 25 days of October FY17-18 while it did Rs253.85million as all taxes during corresponding October FY16-17.
The GB collected Rs21.09million extra revenue of Customs Duty (CD) during 25 days of October FY17-18 against the same period of last financial year. The GB got Rs132.13million as CD during 25 days of October FY17-18 whereas it did Rs111.86 million under the same head during corresponding October FY16-17.
The GB earned Rs33.53million surplus Sales Tax (ST) during the 1st to 25 October FY17-18 against the same collection of same period during October FY16-17. The sources said the GB received Rs134.53million as ST during 25 days of October FY17-18 while it did Rs101.00million of ST during the same period of October FY16-17.
The GB generated Rs10.85million extra Withholding Tax (WHT) during 25 days of October FY17-18 against the collection of the same period of last year FY16-17. The GB collected Rs50.14million as WHT during the 1st to 25 October FY17-18 while it did Rs40.99million under the same head during the first 25 days of October FY16-17.
