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taxes-in-europeMULTAN: Regional Tax office (RTO) Multan was able to recover Rs.48124 million as taxes till June 20 against a target of Rs.52000 million they are required to meet till June 30, 2012, official sources said on Thursday.

Official sources said here on Thursday that they have achieved over 92 per cent of the tax recovery target and hoped the target would be met before June 30, the last day of the fiscal year 2012-13.

Against a target of Rs.20,000 million income tax, RTO Multan recovered Rs.17399 million till June 20 this year.

A sum of Rs.29463 million was recovered against a target of Rs.30,000 million as sales tax and another Rs.1262 million as federal excise duty against a target of Rs.2000 million, officials said.

Copyright APP (Associated Press of Pakistan), 2012

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