Excise and Taxation department obtains 28% recovery target

FAISALABAD: Excise and Taxation department  has obtained 28 % recovery target during first three months of current fiscal year.  The aggregate recovery target was fixed at Rs 3.43 billion, of which more than Rs 960.6 million has been recovered.

According to department sources, E&T teams recovered property tax more than Rs 600 million in three months out of the total target set at Rs 1.57 billion.

More than Rs 290 million was collected by motor branch, Rs 26 million under the head of professional tax, Rs 30 million recreational tax, Rs 27.6 million excise duty, Rs 2.5 million cotton fees and tax Rs 7.3 million was collected under the head of luxury residences.