Rs5659.254 mn tax recovered in July alone, says minister

KARACHI: Sindh Caretaker Minister for Excise and Taxation Mushtaq Ahmad has said that in the month of July, Rs 5659.254 million was collected in terms of various taxes, while in the same period during last fiscal year, only Rs 4976.246 million was collected.

He said this while presiding over a meeting of Excise, Taxation & Narcotics Control (ETNC) Department at his office on Thursday. ETNC Secretary Aijaz Ahmed Mahesar, Director Generals Shabbir Ahmed Shaikh, Shoaib Ahmed Siddiqui and other directors also attended the meeting.

While briefing the meeting, Director General Excise & Taxation Shabbir Ahmed Shaikh told that Rs 603.079 million were collected for Motor Vehicle Tax, Rs 4350.500 million in the head of Infrastructure Cess and Rs 56.077 million in terms of Professional Tax.

He added, “Rs.0.493 million in terms of cotton fee, Rs 252.565 million for property tax and Rs 6.910 million were collected in entertainment duty, while the remaining amount was collected in terms of various other heads.”

The minister has expressed his satisfaction over the recovery position of the taxes, however, he directed officers to speed up the recovery of the taxes and achieve the targets at earliest.