Gujranwala: The Federal Board of Revenue recovered PKR 23.93 billion in taxes from government institutions, industrial units, and business centres, a news source reported. This is 11.5% more tax collection than last year’s. Last year, the recovery stood at PKR 21.46 billion.
PKR 12.84 billion was recovered in the form of income taxes; the recovery of sales tax stood at PKR 11.9 billion; and the recovery of PKR withholding tax stood at PKR 10.10 billion. Moreover, PKR 1.66 billion was also recovered under the amnesty scheme.
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