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Tag Archives: Narowal

Punjab Excise Dept recovers Rs 900m tax in first six months of current fiscal year

SIALKOT: The Excise and Taxation Department has yet recovered as many as Rs 900 million as property tax, motor tax, professional tax and other taxes from Gujranwala Division’s all the six Sialkot, Narowal, Gujrat, Mandi Bahaud Din and Hafizabad. The revenue has been recovered during the first six months of the running fiscal year against the fixed official recovery tax ... Read More »

Anti-Corruption Establishment arrests 333 ‘corrupt’ officials in Gujranwala Division

SIALKOT: The Anti-Corruption Establishment arrested as many as 333 officials of various government departments for their involvement in corruption in Gujranwala Division’s six districts Sialkot, Narowal, Gujrat, Mandi Bahauddin, Hafizabad and Gujranwala in 2014. According to ACE officials, of these officials, 313 were between Grade-1 to 15 and 22 were the gazetted officers. The ACE officials revealed that the Revenue Department topped ... Read More »

FBR to bring 23,000 Gujranwala Division traders to tax net

LAHORE: The Federal Board of Revenue (FBR) has working on a plan to bring 23000 businessmen in tax net in Gujranwala Division. As many as 13 teams are working to focus on the importers, exporters, manufacturers, industrialists and merchants. The FBR has obtained record of affluent people from the Excise Department, Punjab Board of Revenue. According to sources, the FBR ... Read More »

FBR orders special audit of 3,475 ‘tax evader’ industrial units

SIALKOT: The Federal Board of Revenue (FBR) has ordered special audit of as many as 3,475 industrial units located in Sialkot, Narowal and Gujrat districts for allegedly evading taxes and concealing facts. The FBR has formulated 11 special teams which have started the pre-audit process in this regard. According to FBR officials, there were 86 corporate class and 3,389 non-corporate ... Read More »

GEPCO recovers Rs 9.43 from defaulters in September

  SIALKOT: The Gujranwala Electric Power Company (GEPCO) has recovered Rs 9.43 billion from both small and big defaulters in September. According to GEPCO officials, they have recovered Rs 8.42 billion from the private sector while the government sector also deposited Rs 430 million in this regard. GEPCO has also started a campaign to disconnect power connections of hundreds of ... Read More »

Govt approves mega plan for customs collectorate in Gujranwala

SIALKOT: The federal government has finally approved a mega plan of establishing a Model Customs Collectorate on five acres of land along the River Chenab Toll Plaza near Wazirabad. Sources told Customs Today that Rs 5 billion would be spent on the establishment of new Model Customs Collectorate (MCC) near Wazirabad, as the revenue department has already sent a summary ... Read More »

PR to facilitate passengers on Eid with 14 special trains

LAHORE: Federal Minister for Railways Khawaja Saad Rafique has announced that Pakistan Railways (PR) will operate 14 special trains on Eid from several cities. The federal minister, presiding over a meeting at the PR headquarters, also decided to speed up action to recover arrears of Rs1 billion from the administration of Business Express train. As per details, four special trains ... Read More »

Revenue collection target for Sept in Gujranwala, Sialkot in doldrums

SIALKOT: It has become very hard for the Federal Board of Revenue (FBR) to achieve the tax recovery target of Rs 1.8 billion fixed for Sialkot and Gujranwala regions for September after the flood wreaked havoc in both regions. According to the senior FBR officials, the FBR had set a recovery target of Rs 850 million for Sialkot region comprising ... Read More »

Punjab fixes Rs 5.74 billion revenue target for Gujranwala

SIALKOT: The Punjab government has fixed a recovery target of Rs 5.74 billion as agricultural income tax, stamps duty, registration fees, land revenue tax and capital value tax on the sale, purchase and transfer of the properties and lands in Sialkot, Narowal, Gujrat, Hafizabad, Mandi Bahauddin and Gujranwala districts. According to the senior officials of the Board of Revenue Punjab, ... Read More »

Excise Dept computerises 287,000 properties in Sialkot, Gujranwala

SIALKOT: The Excise and Taxation Department has computerised the record of 287,000 public properties in both Sialkot and Gujranwala districts under its upgradation plan. Now, the people of Sialkot and Gujranwala could check their properties’ record online. According to Director of Excise and Taxation Gujranwala Division Syed Ashiq Hussain Shah, the computerisation of the public properties would help in reducing ... Read More »

Excise Department issues notices to recover luxury tax in Gujranwala

SIALKOT: The Excise and Taxation Department has issued notices to 170 owners of luxury houses in Gujranwala division to recover Rs 70 million as luxury tax. The Punjab government has recently levied luxury tax under the ratio of Rs 125,000 per kanal as property, including the posh localities of the cantonment boards. Director Excise and Taxation Ashiq Hussain Shah said ... Read More »

Customs serves recovery notices on 55 steal millers

SIALKOT: The Regional Tax Directorate in Gujranwala has issued tax recovery notices to 55 steal millers. The directorate has also collected Rs 500 million taxes in Gujranwala division despite the civil disobedience call given by the Pakistan Tehreek-e-Insaf Chairman Imran Khan. According to a senior official, the Federal Board of Revenue (FBR) has set another target of Rs 250 million ... Read More »

FBR set to achieve Rs 750m target in Aug from various Punjab cities

SIALKOT: The Federal Board of Revenue (FBR) has set a tax recovery target of Rs 750 million for the Regional Income Tax Directorate Gujranwala for August, 2014. A senior FBR official told the Customs Today that Regional Income Tax Directorate Gujranwala have to collect Rs 400 million income tax and Rs 350 million sales tax to achieve the target. The ... Read More »

Gujranwala E&T to recover Rs1.6b

SIALKOT: The Excise and Taxation Department have started special campaign to recover Rs1.6 billion from the tax defaulters across Gujranwala division. As per details, 70 teams of Excise and Taxation Department have started recovery in Sialkot, Narowal, Gujrat, Mandi Bahauddin, Hafizabad and Gujranwala districts. A senior official told Customs Today that the department will recover Rs14.3 million as excise duty, Rs87.5 million as ... Read More »

Survey begins in Punjab to collect luxury tax

SIALKOT: The Excise and Taxation Department has started survey to assess the new value of the public properties in Gujranwala Division’s all six districts including Sialkot, Narowal, Gujrat, Mandi Bahauddin, Hafizabad and Gujranwala to ensure the early collection of the recently levied luxury tax on big properties including big houses by the Punjab government. According to the senior E&T officials, ... Read More »

Gujranwala region: FBR to bring 10,000 evaders under tax net

SIALKOT: Federal Board of Revenue (FBR) has decided to bring about 10,000 small traders and businessmen under the tax net and to collect tax from 85000 inactive NTN holders in Gujranwala region. As per details, the FBR has formulated six special teams for each of the six districts, Sialkot, Narowal, Gujrat, Mandi Bahaud Din, Hafizabad and Gujranwala which were going ... Read More »

FBR starts tax collection on property transfer

SIALKOT: Federal Board of Revenue (FBR) have started collection of withholding tax on the transfer of the property of Rs.3 million or above in all all six districts Sialkot, Narowal, Gujrat, Mandi Bahaud Din, Hafizabad and of Gujranwala region. A officials told Customs Today that the FBR had already asked the Punjab government to ensure the collection of withholding tax ... Read More »

Pak Customs guarding borders against smuggling: Collector

SIALKOT: Collector Model Collectorate of Customs Sialkot Qurban Ali  Khan said that Pakistan Customs has been guarding Pakistani borders against smuggling and facilitating the legal trade. Talking to the Customs Today at his office Mr Qurban said that the Pakistan Customs has been trying to assist FBR in his revenue collection efforts in the form of duty recovery on goods traded ... Read More »