{"id":87080,"date":"2022-07-04T13:03:28","date_gmt":"2022-07-04T08:03:28","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=87080"},"modified":"2022-07-04T13:03:34","modified_gmt":"2022-07-04T08:03:34","slug":"excise-department-rwp-revenue-target","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/excise-department-rwp-revenue-target.html","title":{"rendered":"Excise department Rawalpindi exceeds revenue target for FY22"},"content":{"rendered":"\n<p>Rawalpindi: The Rawalpindi Department of Excise and Taxation (E&amp;T) has collected PKR 4.2285 billion in taxes in the fiscal year (FY) 2021\u201322, news sources reported on July 3. The tax collection has exceeded the set target by 7%.\u00a0\u00a0\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/punjab-excise-land-survey-across-province.html\" data-type=\"post\" data-id=\"79457\" target=\"_blank\" rel=\"noreferrer noopener\">Punjab Excise &amp; Taxation to conduct land survey across province<\/a><\/p>\n\n\n\n<p>According to reports, the amount was collected by the E&amp;T department under various categories, including the Property Tax, Motor Vehicles Tax, Excise Duty, Professional Tax, Luxury Tax, and Tax on Motorways and Highways Property. A detailed breakdown of the tax collected is as follows:&nbsp;<\/p>\n\n\n\n<p><strong>Property Tax&nbsp;&nbsp;<\/strong><\/p>\n\n\n\n<p>The department collected PKR 2.5518 billion in <a href=\"https:\/\/www.zameen.com\/news\/excise-offices-begin-collecting-property-taxes-rawalpindi.html\" data-type=\"post\" data-id=\"73678\" target=\"_blank\" rel=\"noreferrer noopener\">property tax<\/a> against a target of 2.4075 billion, accounting for 106% of the total. On a district level, the department was able to collect a total of 95 % of property tax from Rawalpindi&#8217;s Zone One, 100% from Zone Two, and 114% from Zone III, while Zone Four had the lowest recovery rate of 77%. Reportedly, Jhelum District collected the most property tax with a recovery rate of 131%, Chakwal recovered 115%, and Attock recovered 126%.<\/p>\n\n\n\n<p><strong>Read:<\/strong>\u00a0<a href=\"https:\/\/www.zameen.com\/news\/dc-rates-in-rawalpindi-up-to-20.html\" data-type=\"post\" data-id=\"87075\" target=\"_blank\" rel=\"noreferrer noopener\">DC rates in Rawalpindi increased by up to 20%<\/a><\/p>\n\n\n\n<p><strong>Motor Vehicles Tax&nbsp;<\/strong><\/p>\n\n\n\n<p>PKR 1.133 billion was recovered against the set target of PKR 986.695 million. Rawalpindi district recovered 101% of its target, Jhelum district recovered 108%, Chakwal district recovered 105%, and Attock district recovered 103%.&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>Excise Duty<\/strong>&nbsp;<\/p>\n\n\n\n<p>In the case of excise duty, PKR 83.82 million was recovered against the set target of PKR 71.75 million. Rawalpindi excise department managed to collect 99%, MBC Rawalpindi 124%, Jhelum 147%, Chakwal 97%, and Attock only 30% of their respective targets.\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/tax-impoisition-on-properties-located-along-highways.html\" data-type=\"post\" data-id=\"70636\" target=\"_blank\" rel=\"noreferrer noopener\">Excise orders property tax collection from owners of houses, shops located along highways<\/a><\/p>\n\n\n\n<p>It was highlighted that the Jhelum district topped the list with 131% in property tax, 127% in professional tax and 108% in motor vehicle tax collection.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rawalpindi: The Rawalpindi Department of Excise and Taxation (E&amp;T) has collected PKR 4.2285 billion in taxes in the fiscal year (FY) 2021\u201322, news sources reported on July 3. The tax collection has exceeded the set target by 7%.\u00a0\u00a0\u00a0 Read: Punjab Excise &amp; Taxation to conduct land survey across province According to reports, the amount was collected by the E&amp;T department under various categories, including the Property Tax, Motor Vehicles Tax, Excise Duty, Professional Tax, Luxury Tax, and Tax on Motorways and Highways Property. A detailed breakdown of the tax collected is as follows:&nbsp; Property Tax&nbsp;&nbsp; The department collected PKR 2.5518 billion in property tax against a target of 2.4075 billion, accounting for 106% of the total. On a district level, the department was able to collect a total of 95 % of property tax from Rawalpindi&#8217;s Zone One, 100% from Zone Two, and 114% from Zone III, while Zone Four had the lowest recovery rate of 77%. Reportedly, Jhelum District collected the most property tax with a recovery rate of 131%, Chakwal recovered 115%, and Attock recovered 126%. Read:\u00a0DC rates in Rawalpindi increased by up to 20% Motor Vehicles Tax&nbsp; PKR 1.133 billion was recovered against the set target of&hellip;<\/p>\n","protected":false},"author":84,"featured_media":76834,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[53004,53003,53005],"persona":[],"class_list":{"0":"post-87080","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-excise-department-rawalpindi-exceeds-revenue-target-for-fy22","9":"tag-excise-department-rwp-exceeds-revenue-target-for-fy22","10":"tag-rawalpindi-tax-collection","11":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Excise department RWP exceeds revenue target for FY22 - Zameen News<\/title>\n<meta name=\"description\" content=\"Rawalpindi: The Rawalpindi Department of Excise and Taxation (E&amp;T) has collected PKR 4.2285 billion in taxes in the fiscal year (FY) 2021\u201322, news\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/excise-department-rwp-revenue-target.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Excise department RWP exceeds revenue target for FY22 - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Rawalpindi: The Rawalpindi Department of Excise and Taxation (E&amp;T) has collected PKR 4.2285 billion in taxes in the fiscal year (FY) 2021\u201322, news\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/excise-department-rwp-revenue-target.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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