Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Regional Tax Office achieves target for 1Q of FY22-23

byM Hayat
30/09/2022
in Breaking News, Lahore, Latest News, Slider News
Share on FacebookShare on Twitter

LAHORE: The Regional Tax Office (RTO) Lahore has already knocked down the target for 1st Quarter of Financial Year 22-23 while exceeding the revenue targets for the months of July–August 2022.

Chief Commissioner RTO Lahore Nasir Iqbal said that the revenue target for the 1st Quarter 2022 was Rs52.86 billion while it has made a collection of Rs53.2 billion so far. According to him, the target for July-August 22 was Rs30 billion and it has collected Rs36.9 billion against the last year collection of Rs24.8 billion, gaining an absolute increase of Rs12.1 billion, or 48.8%. He said strenuous efforts are underway to maintain the growth trajectory and achieve the target for month of September also despite the fact that the RTO Lahore has achieved its target for the 1st Quarter 22.

You might also like

ICCI election: 57 candidates vie for 28 Executive Committee seats

16/09/2026

FBR admits IRIS Portal is down as tax deadline panic grips filers

16/09/2026

So far registration under Point of Sale (POS) integration is concerned, he said, the RTO has crossed the target by 50 cases for each month during the period of June-September 22. He added that the RTO Lahore is the only field formation in country to achieve 50+ integrations for a consecutive third month.

The Chief Commissioner said all the STGO cases are in focus of the RTO and integration is being pursued in a structured manner. The system is designed in such a way that a case would either be integrated or excluded from the list of Tier-1 retailers in case of filing of application for exclusion to the Commissioner and due process. The Tier-1 Retailer who neither integrate themselves not get exclusion certificate are being followed in a systematic way as per law. No individual can influence, by-pass or interfere in the process of registration and integration, he stressed.

He said taxpayers are encouraged to integrate with the digital system so that possibility of interaction between taxpayer and tax collectors are minimised. RTO Lahore is committed to achieving the revenue targets and POS integration, he added.

The Chief Commissioner also confronted the impression that the field staff of the RTO was pressuring Tier-1 Retailers for integration with POS or grease their palms, saying that a foolproof mechanism has been evolved to control unscrupulous elements. According to him, it is repeatedly conveyed to the taxpayers that their names are chosen by the Federal Board of Revenue through a regular Sales Tax General Order and whosoever disagrees with the conclusion can apply for exclusion certificate.

Related Stories

ICCI election: 57 candidates vie for 28 Executive Committee seats

byCT Report
16/09/2026

ISLAMABAD: The stage is set for the much-awaited Islamabad Chamber of Commerce and Industry (ICCI) Election 2026-28, as all the...

FBR admits IRIS Portal is down as tax deadline panic grips filers

byCT Report
16/09/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has confirmed that taxpayers are facing intermittent technical problems on its IRIS portal,...

PAC halts 0.2 million-tonne sugar export, bars wheat imports without its review

byCT Report
16/09/2026

ISLAMABAD: The Public Accounts Committee (PAC) has barred the government from exporting sugar without its recommendations, putting on hold the...

Punjab brings home tuition centres, academies under tax net

byCT Report
16/09/2026

LAHORE: The Punjab government has amended the Punjab Private Educational Institutions Act to bring home-based tuition centres, coaching centres and...

Next Post

FBR likely to extend date for return filing tax year 2022

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.