KARACHI:,,, Provincial Minister for Excise & Taxation Mukesh Kumar Chawla has said that the excise department has exceeded the targets of tax collection for the year of 2013-14, achieving a millstone of more than Rs. 32 billion.
He said the department had collected Rs.32407.523 million against the target of Rs.32011.500 fixed by the Government for the year 2013-14, which is 101% of the targets. He said that the department had collected Rs.27 billion during last year, adding that more than 5 billion tax collection is a big achievements of the department.
According to breakup of tax collection in various heads, Rs.4349million have been recovered against the Motor Vehicle Tax, Rs.3800 million in Excise Enactment, Rs.20000 million against infrastructure fees, Rs.300 million against cotton fee and Rs.2700 million against property tax.