PESHAWAR: Abbottabad Regional Tax Office (RTO) has set a national record by showing 47 per cent growth in the recovery of taxes (especially withholding tax) during the first four months of the current fiscal year.
A letter of appreciation from the Federal Board of Revenue (FBR) has lauded the efforts of Abbottabad RTO Chief Commissioner Mehmood Aslam. The FBR has also asked the chief commissioner to share the RTO’s strategy of collection of taxes and dues from the taxpayers under different sections.
The FBR has set target of 16% growth in the current fiscal year while it can achieve only 5 to 6% growth against the fixed target of 16%, while the Abbottabad RTO set record by showing collection of more than 47%.
The Regional Tax Office showed unprecedented recovery of tax collections during the financial year closed on of June 30, 2016 and shared top honour by virtue of recovery growth of 35% as overall growth shown by other filed formations remain at 20%.
Chief Commissioner Mehmood Aslam, while presiding the meeting of tax officers and staff at RTO, has lauded the efforts of the RTO for keeping interest in the work and fulfilling the national obligations with recovery of the government dues and taxes. He asked the staff and officials to maintain it with the same spirit.