AIRLINK 72.80 Increased By ▲ 0.62 (0.86%)
BOP 5.06 Increased By ▲ 0.13 (2.64%)
CNERGY 4.33 Decreased By ▼ -0.02 (-0.46%)
DFML 30.52 Increased By ▲ 2.03 (7.13%)
DGKC 85.95 Increased By ▲ 4.65 (5.72%)
FCCL 22.35 Increased By ▲ 0.85 (3.95%)
FFBL 33.22 Increased By ▲ 0.17 (0.51%)
FFL 9.78 Decreased By ▼ -0.08 (-0.81%)
GGL 10.40 Decreased By ▼ -0.08 (-0.76%)
HBL 113.62 Decreased By ▼ -0.38 (-0.33%)
HUBC 136.20 Decreased By ▼ -3.80 (-2.71%)
HUMNL 10.03 Increased By ▲ 1.00 (11.07%)
KEL 4.66 Decreased By ▼ -0.07 (-1.48%)
KOSM 4.40 Increased By ▲ 0.02 (0.46%)
MLCF 38.35 Increased By ▲ 0.70 (1.86%)
OGDC 133.40 Decreased By ▼ -0.30 (-0.22%)
PAEL 27.40 Increased By ▲ 1.80 (7.03%)
PIAA 24.76 Increased By ▲ 0.78 (3.25%)
PIBTL 6.55 Increased By ▲ 0.07 (1.08%)
PPL 121.21 Decreased By ▼ -1.41 (-1.15%)
PRL 27.15 Increased By ▲ 0.08 (0.3%)
PTC 13.89 Increased By ▲ 0.29 (2.13%)
SEARL 60.40 Increased By ▲ 3.78 (6.68%)
SNGP 68.53 Decreased By ▼ -0.71 (-1.03%)
SSGC 10.33 Decreased By ▼ -0.01 (-0.1%)
TELE 9.05 Increased By ▲ 0.60 (7.1%)
TPLP 11.26 Decreased By ▼ -0.02 (-0.18%)
TRG 65.70 Increased By ▲ 4.49 (7.34%)
UNITY 25.25 Decreased By ▼ -0.08 (-0.32%)
WTL 1.50 No Change ▼ 0.00 (0%)
BR100 7,608 Decreased By -22.2 (-0.29%)
BR30 25,091 Increased By 100.6 (0.4%)
KSE100 72,658 Increased By 56.2 (0.08%)
KSE30 23,383 Decreased By -155.9 (-0.66%)

KARACHI: Sindh Excise and Taxation (E&T) department has collected over Rs43.95 billion from July 2020 to December 2020.

The provincial tax department has collected over Rs43.95 billion from July 2020 to December 2020 as compared to the Rs39.98 billion collected during the same period of the last financial year.

This was informed at a meeting attended by Secretary Excise & Taxation and Narcotics Control department Abdul Haleem Sheikh, Director Generals Haji Saleem Bhutto, Munir Ahmed Zardari, Additional Director Nasir Affandi, Director Taxes Iqbal Leghari and other officers.

It was appraised that Rs4138.992 million was collected against motor vehicle tax, Rs35.68 billion as infrastructure cess, Rs321.290 million as professional tax, Rs1192.959 million as property tax, Rs68.724 million was collected on account of cotton fee while Rs13.252 million in the form of entertainment duty.

Addressing the meeting, Mukesh Kumar Chawla, Provincial Minister for Excise & Taxation and Narcotics Control department & Parliamentary Affairs, said that the overall situation of tax collection was satisfactory and hoped that the department would achieve the annual revenue target. Moreover, he directed the E&T officials to expedite the collection of taxes especially from professional and property tax defaulters.

Copyright Business Recorder, 2021

Comments

Comments are closed.