MULTAN: The Federal Board of Revenue (FBR) Regional Tax Office (RTO) has made revenue collection of Rs.1.26 billion on 30th March.
Official sources told Customs Today, that the Regional Tax Office has accelerated the revenue tax collection on Friday and according to sources it made huge collection on 30th March for accomplishment of their assigned revenue target of March.
Tax authorities of Regional Tax Office made tax collection of Rs.410 million from M/s Bank Al-Habib Limited under the head of advance income tax. M/s Multan Electric Power Company has deposited Rs.350 million under the head of withholding tax to Regional Tax Office Multan. M/s Fatima Fertilizer Company Limited has deposited tax amount of Rs.400 million to tax authorities on second last day of March. M/s Shamim and Company has also deposited sales tax amount of Rs.50 million and federal excise duty (FED) of Rs.20 million before the end of March.
The Regional Tax Office has also collected Rs.100 million in wake of federal excise duty (FED) from beverage company M/s Gourmet on the same day. M/s Layyah Sugar Mills and SM/s heikhu Sugar Mills has also deposited tax amount of Rs.50 million to Regional Tax Office under the head of federal excise duty (FED) on same day.
The Regional Tax Office Multan was busy in the tax collection because major corporate companies paid their due taxes on Friday and tax collection from various companies will continue and tax Officials will also remain in their Offices to facilitate them.
Tax authorities of Regional Tax Office are optimistic that they will achieve the assigned revenue collection task of Federal Board of Revenue for the month of March.
