Banking and petroleum sectors remained on the top among leading taxpaying companies for the Tax Year-2018, which received appreciation certificates from Prime Minister Imran Khan here on Wednesday. Among other top taxpaying sectors/industries included telecom, auto, pharmaceutical, food, fertilizer, power and cement sectors.
Within the category of individuals, top taxpayers included former Prime Minister Shahid Khaqan Abbasi, renowned banker Arif Habib and leading businessman Hassan Mansha. The government has also recognised the role of association of persons (AOPs) in payment of taxes to the national exchequer and awarded appreciation certificates.
In the list of top 50 individual taxpayers, Karachi has emerged with the highest number of 33 individuals who contributed highest taxes in tax year 2018, followed by six individuals from Lahore, three from Gujranwala, two from Islamabad.
Five cities--Sukkur, Abbottabad, Hyderabad, Quetta and Multan shared one each taxpayers fall in the list of 50 top individuals taxpayers.
In the list of top 50 AoPs, Karachi has topped the list with 17 AoPs with the highest contribution in taxes in the tax year 2018 followed by 10 in Lahore, eight in Quetta, three each in Gujranwala and Islamabad, two each in Hyderabad, Peshawar, Abbottabad and Sukkur, one in Multan, respectively.
The list of top 50 companies was again topped by Karachi based companies with a total number of 21 contributing the highest amount in total taxes, followed by 16 companies registered in Islamabad capital territory, nine in Lahore, two in Multan and one each in Faisalabad and Peshawar.
Following are the names of the top taxpayer companies along with names of their principal officers/partners/managing directors/presidents/chairpersons, etc, within the category of corporate sector for Tax Year 2018:
Oil and Gas Development Company Limited (Zahid Mir); United Bank Limited (Sima Kamil); Government Holdings (Private) Limited (Zahid Nazir Bhatti); Pakistan Petroleum Limited (Syed Ehtesham Ahmed); Pakistan State Oil Company Limited (Syed Jahangir Ali Shah); Allied Bank of Pakistan Limited (Farhan Ullah Khan); Pakistan Telecommunication Authority (Maj Gen Amir Azeem Bajwa (retd)); Habib Bank Limited (Sagheer Mufti); Indus Motor Company Limited (Ali S Habib); Nestle Pakistan Limited (Freda Duplan & Fatima Akhtar Hayat); China State Construction Engineering Corporation Limited (Han Peng); Standard Chartered Bank (Pakistan) Limited (Shahzad Dada); Meezan Bank Limited (Irfan Siddiqui): Pak-Arab Refinery Limited (Tariq Razavi); Civil Aviation Authority (Sqn Ldr Shah Rukh Nusrat); Bank Al-Habib Limited (Mansoor Ali Khan); National Bank of Pakistan (Arif Usmani);
Kot Addu Power Company Limited (Mohtashim); Unilever Pakistan Limited (Aman Ghanchi); Pakistan Tobacco Company Limited (Javed Iqbal); Bank Alfalah Limited (Anjum Hai); Bowenergy Resources (Pakistan) SRL (Hammad Razaq); Pepsi-Cola International (Private) Limited (Furqan Ahmed Syed);
Honda Atlas Cars Limited (Umair Wajid); Attock Petroleum Limited (Shuaib Anwar Malik); International Wireless Communications Pakistan Limited (Ali Naseer); Pakistan Oilfields Limited (Shuaib Anwar Malik); Mari Petroleum Company Limited ( Lt Gen Ishfaq Nadeem (retd)); Millat Tractors Limited (Sohail Nisar); Huawei Technologies Pakistan (Private) Limited (Tandong Yang); Bestway Cement Limited (Zameer Mohammad Chaudhry); Qasim International Container Terminal Pakistan Limited (Junaid Zameer); Mol Pakistan Oil & Gas Company BV (Gabor Vakarcs); Lucky Cement Limited (Muhammad Younas Tabba); Fauji Fertilizer Company Limited (Lt Gen Tariq Khan (retd)); Tetra Pak (Pakistan) Limited (Misbah Hassan); Habib Metropolitan Bank Limited (Mohsin Ali Nathani); Getz Pharma (Private) Limited (Dr Khurram Hussain); Karachi International Container Terminal Limited (Naveed Qureshi); Industrial and Commercial Bank of China Limited (Chen Yunchung (Airdy)); CMPak Limited (Liwenyu); China Communications Construction Company Limited (Lee); Engro Corporation Limited (Ghais Khan); Chevron Pakistan Lubricants (Pvt) Limited (Muhammad Najam Shamas Uddin); Rafhan Maize Products Company Limited (Irfan Ahmad Bhatti); The Bank of Punjab (Khalid Tirmazi); Atlas Honda Limited (Kashif Yaseen); Fatima Fertilizer Company Limited (Fazal Ahmed Sheikh); Port Qasim Authority (Asad Rafi Chandna) and Pakistan Limited (Abdul Samad).
Following are the names of top taxpayers within the category of AOP:
CR20G-ZKB KLM Joint Venture; ZKB Reliable JV; Advance Telecom; Limak JV ZKB; Air Link Communication; CR21G-Maqbool-Calsons JV; Zafar Enterprises; Ozkartallar Campak Joint Venture; United Agro Chemical; SGEC-Maqbool-Calsons JV; Maqbool-Zarghoon JV; Kingcrete Builders; Sparco Construction Company; Zahir Khan & Brothers; Premier Agencies; SKB-KNK Joint Venture; Umer Jan & Company; M/S Imran Ship Breaking Co; Wazir Ali & Company; Sadaf Enterprises; INOVI Technologies; Gourmet Foods; Alliance Energy; Chawla International; Abdul Sattar Noor Mohd. & Co; HCS-SNMC JV; CGGC-AM Associates JV; WR Edible Oil Refinery; CGGC-GRCJV (China Gezhouba Group Company and Ghulam Rasool & Co Joint Venture); M/S Crescent Corporation; Netracon Technologies; Prime Ship Breakers; NPI Construction & Engineering; CRFG-MATRACON-TTC Joint Venture; Outfitters Stores; Werrick Pharmaceuticals; Jamaluddin & Company; S.Ejaz Ud Din & Company; Saadat International; M/S Umer Jan & Co (JOV) M/S Xuchang Guangli Highway; Highways Construction; Al-Hamza Commodities; Suncrop Pesticides; Usmani - Reliable (JV) ; Venture Green Recyclers; Shareef Enterprises; M/S Rajby Industries; Riaa Barker Gillette; Saad Ullah Khan & Borthers Engenn & Const Co and Unique Trading Co.
Following are the names of top taxpayers falling within the category of individuals:
Saima Shahbaz Malik; Muhammad Yasin Malik; Ahmed Ullah; Hassan Mansha; Shahid Khaqan Abbasi; Syed Babar Ali; Rehan Hassan; Imtiaz Hussain; Malik Shahid; Muhammad Hanif Jiwani; Shahid Yasin Malik; Arif Habib; Mian Umer Mansha; Farrukh Ijaz; Wazir Ali Pardhan; Muhammad Rafique; Muhammad Hanif Machiyara; Muhammad Irfan Ghazi; Abdul Waheed Shaikh; Malik Muhammad Mukarram; Sh Jhanzeb Jilani; Ain ul Haq; Faraz Ellahi Shamsi; Muhammad Mateen Shafi; Muhammad Hamid Khan; Shahbaz Yasin Malik; Amir Mehmood; Muhammad Tehreem Shamim; Mohammad Talha; Syed Irshad Ahmed; Najam Hafeez; Mohammad Najeeb Haroon; Shuaib Anwer Malik; Ali Akhai; Aftab Faizullah Tapal; Muhammad Kashif; Muhammad Saeed Faisal; Naveed Ahmed Mahar; Khalid Mahmood; Muhammad Ramzan; Tariq Rafi;. Muhammad Asad; Ghulam Mustafa; Altaf Adam; Mehvish A Tapal; Mian Raza Mansha; Iqbal Ali Mohamed; Salim Habib Godil; Muhammad Dawood Khan and Tanveer Ahmed.