ISLAMABAD: The Regional Tax Office (RTO) of the Federal Board of Revenue (FBR) collected an amount of Rs 120 million till 31, May. The FBR assigned revenue collection target of Rs 3.5 billion to the RTO Islamabad.
Assistant Commissioner RTO Farrukh Siyal told Customs Today that hte RTO collected Rs 120 million while remaining amount will be collected by the end of June. He said that hte RTO collected Rs 120 million under the head of sales tax. He said that audit of Capital Development Authority (CDA) will be completed during the first week of June.
Assistant commissioner said that we are adopting a comprehensive policy to meet the revenue target for next fiscal year. He also disclosed that RTO Islamabad already achieved the revenue target assigned by FBR rather they are optimisic to surpass it.