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Punjab E & T Department collects Rs 3.85 billion in two months

Excise and Taxation department collected over Rs 3.85 billion taxes in July and August 2015 that is 38 percent more than last years' first two months collection. Giving details of the tax collection, Minister for Excise & Taxation Mujtaba Shuja-ur-Rehman said the department collected Rs 2.556 billion as motor vehicle tax registering an increase of 40 percent over corresponding period of last year. Similarly Rs 500.2 million was collected as property tax which again was 51 percent more than previous year.

Copyright Business Recorder, 2015