AIRLINK 75.00 Increased By ▲ 0.15 (0.2%)
BOP 5.02 Increased By ▲ 0.04 (0.8%)
CNERGY 4.50 Increased By ▲ 0.01 (0.22%)
DFML 41.75 Increased By ▲ 1.75 (4.38%)
DGKC 86.75 Increased By ▲ 0.40 (0.46%)
FCCL 21.60 Increased By ▲ 0.24 (1.12%)
FFBL 33.79 Decreased By ▼ -0.06 (-0.18%)
FFL 9.75 Increased By ▲ 0.03 (0.31%)
GGL 10.55 Increased By ▲ 0.10 (0.96%)
HBL 114.50 Increased By ▲ 1.76 (1.56%)
HUBC 139.80 Increased By ▲ 2.36 (1.72%)
HUMNL 11.90 Increased By ▲ 0.48 (4.2%)
KEL 5.22 Decreased By ▼ -0.06 (-1.14%)
KOSM 4.65 Increased By ▲ 0.02 (0.43%)
MLCF 38.20 Increased By ▲ 0.40 (1.06%)
OGDC 139.70 Increased By ▲ 0.20 (0.14%)
PAEL 26.08 Increased By ▲ 0.47 (1.84%)
PIAA 22.20 Increased By ▲ 1.52 (7.35%)
PIBTL 6.82 Increased By ▲ 0.02 (0.29%)
PPL 124.40 Increased By ▲ 2.20 (1.8%)
PRL 26.81 Increased By ▲ 0.23 (0.87%)
PTC 14.00 Decreased By ▼ -0.05 (-0.36%)
SEARL 59.10 Increased By ▲ 0.12 (0.2%)
SNGP 68.50 Decreased By ▼ -0.45 (-0.65%)
SSGC 10.40 Increased By ▲ 0.10 (0.97%)
TELE 8.45 Increased By ▲ 0.07 (0.84%)
TPLP 11.19 Increased By ▲ 0.13 (1.18%)
TRG 64.15 Decreased By ▼ -0.04 (-0.06%)
UNITY 26.60 Increased By ▲ 0.05 (0.19%)
WTL 1.44 Decreased By ▼ -0.01 (-0.69%)
BR100 7,943 Increased By 105.5 (1.35%)
BR30 25,639 Increased By 187.1 (0.73%)
KSE100 75,983 Increased By 868.6 (1.16%)
KSE30 24,445 Increased By 330.8 (1.37%)
Pakistan

Excise dept collects Rs 6bn tax during Jul-Dec 2020

  • Of the total Rs 6 billion about 2 billion was recovered for FBR and deposited the amount to the national exchequer, Director Excise said.
Published January 12, 2021

ISLAMABAD: The Excise and Taxation department has achieved another milestone after collecting around Rs6 billion tax from July to December 2020.

Of the total Rs 6 billion about 2 billion was recovered for Federal Board of Revenue (FBR) and deposited the amount to the national exchequer, Director Excise Bilal Azam told APP on Tuesday.

The department, he said, had introduced the online payment system, enabling the motor vehicle owner to submit their token, registration and transfer fee through integrating credit cards, bank accounts and other means, ultimately further increase in revenue collection.

“It was a biggest achievement of the department as the target was achieved at what times when people were feared to step out of his home due to COVID-19,” said Azam.

The director said, vehicle owner were also submitting their token fee on National Database and Registration Authority’s (Nadra) e-sahulat centres across the country without visiting excise office.

To a query, he said Excise had started vehicle registration and transfer at door step in collaboration with NADRA for the convenience of the public.

Comments

Comments are closed.