Gujranwala: During the current fiscal year 2017-18, the Federal Board of Revenue (FBR) has recovered an additional amount of PKR 5.38 billion from Gujranwala division, a news source reported. Of these 5.38 billion, PKR 3.7 billion was recovered under income and sales taxes, while 1.68 billion was recovered as withholding taxes.
FBR recovered a total of PKR 19.47 billion during the ten months of current fiscal year, whereas in the previous year, a total of PKR 15.77 billion was recovered. The income tax recovery has increased by 22.36%, sales tax recovery by 25% and withholding tax recovery by 27%.
