AGL 37.50 Decreased By ▼ -0.48 (-1.26%)
AIRLINK 223.69 Increased By ▲ 3.69 (1.68%)
BOP 10.98 Increased By ▲ 0.17 (1.57%)
CNERGY 7.64 Decreased By ▼ -0.21 (-2.68%)
DCL 9.56 Increased By ▲ 0.41 (4.48%)
DFML 41.74 Increased By ▲ 0.96 (2.35%)
DGKC 110.10 Increased By ▲ 5.18 (4.94%)
FCCL 37.80 Increased By ▲ 1.22 (3.34%)
FFL 18.20 Increased By ▲ 0.27 (1.51%)
HUBC 134.97 Increased By ▲ 4.08 (3.12%)
HUMNL 15.40 Increased By ▲ 0.73 (4.98%)
KEL 5.55 Decreased By ▼ -0.05 (-0.89%)
KOSM 7.45 Increased By ▲ 0.07 (0.95%)
MLCF 50.20 Increased By ▲ 4.26 (9.27%)
NBP 66.40 Decreased By ▼ -0.52 (-0.78%)
OGDC 228.40 Increased By ▲ 1.14 (0.5%)
PAEL 43.38 Decreased By ▼ -0.47 (-1.07%)
PIBTL 9.26 Decreased By ▼ -0.12 (-1.28%)
PPL 203.55 No Change ▼ 0.00 (0%)
PRL 42.85 Decreased By ▼ -1.47 (-3.32%)
PTC 27.40 Increased By ▲ 0.13 (0.48%)
SEARL 107.00 Increased By ▲ 2.54 (2.43%)
TELE 9.76 Increased By ▲ 0.06 (0.62%)
TOMCL 36.79 Increased By ▲ 1.10 (3.08%)
TPLP 15.30 Decreased By ▼ -0.34 (-2.17%)
TREET 26.57 Decreased By ▼ -1.52 (-5.41%)
TRG 70.00 Decreased By ▼ -0.67 (-0.95%)
UNITY 34.30 Decreased By ▼ -0.24 (-0.69%)
WTL 1.77 Decreased By ▼ -0.01 (-0.56%)
BR100 12,429 Increased By 41.4 (0.33%)
BR30 37,678 Decreased By -1027.5 (-2.65%)
KSE100 117,008 Increased By 1881.2 (1.63%)
KSE30 36,865 Increased By 682.4 (1.89%)

RAWALPINDI: The Regional Tax Office (RTO) Rawalpindi, under the direction of Chief Commissioner Inland Revenue (IR) Tehmina Aamer has intensified its operations against tax evasion and non-compliance, yielding significant results during December 2024.

The IREN team of RTO Rawalpindi in major enforcement actions seized 1,397 cartons of non-duty paid cigarettes valued at Rs. 124.47 million. These contraband items involved sales tax and federal excise duties (FED) amounting to Rs. 95.79 million. The seized goods were domesticated for further investigation and action, preventing substantial tax evasion and demonstrating the RTO’s commitment to combat illicit trade.

Beside the above the IREN team of RTO Rawalpindi intercepted and confiscated third-schedule goods including tiles, batteries, marble, bottled water, etc., being transported in violation of laid down rules under the Sales Tax Act, resulting in recovery of Rs. 2.7 million during December 2024. This highlights the office’s vigilance in enforcing tax compliance on taxable goods.

RTO Sargodha detects Rs23bn tax evasion

Additionally, the RTO imposed penalties on non-compliant retailers failing to issue Point-of-Sale (POS) invoices. Around 20 shops were sealed during the month, leading to the recovery of Rs. 10 million in penalties.

Chief Commissioner Tehmina Aamer lauded the efforts of the RTO staff for their dedication and emphasized the importance of strict enforcement measures to enhance tax compliance and curb evasion. She reiterated the Federal Board of Revenue’s (FBR) resolve to ensure fair taxation practices and uphold the integrity of the Inland Revenue Service.

These enforcement actions reflect RTO Rawalpindi’s proactive approach toward safeguarding national revenue and ensuring a level playing field for compliant taxpayers.

Copyright Business Recorder, 2024

Comments

200 characters