The Federal Board of Revenue (FBR) has issued names of 218 multinational companies and business establishments whose income would be assessed by the Large Taxpayer Unit (LTU), Islamabad from January 15, 2007.
The board has issued an income tax order to notify the names of companies falling within the jurisdiction of the LTU Islamabad. The FBR Sales Tax Wing would soon issue names of sales taxpayer under the jurisdiction of LTU, Islamabad.
Through a separate order, the FBR has also issued income tax jurisdiction of units covered under the Director General, Regional Tax Office, Islamabad. The FBR has issued names of companies operating under the jurisdiction of the Commissioners of Income Tax LTU, Islamabad and also conveyed their National Tax Numbers (NTNs) to the concerned authorities.
Within the jurisdiction of LTU, Islamabad, different banks are covered including Muslim Commercial Bank Limited; Askari Commercial Bank Limited; Security Investment Bank Limited; Saudi Pak Commercial Bank Limited; The First Micro Finance Bank Limited; SME Bank Limited; Khushhali Bank Limited and Zari Traqiati Bank Limited. The LTU, Islamabad would cover beverage units, flour mills, insurance companies cement manufactures, mobile phone companies, power companies and oil/gas units.
Some of the units covered under the LTU, Islamabad included National Highway Authority (NHA), Utility Stores Corporation of Pakistan (Private) Limited, Bahria Town (Private) Limited; Islamabad Electric Supply Company Limited; Pakistan Television Corporation Limited; Pakistan Broadcasting Corporation; Fauji Fertiliser Bin Qasim; Fauji Fertiliser Company Limited; Overseas Pakistanis Foundation; National Book Foundation; National Police Foundation; Shifa International Hospital; Heavy Mechanical Complex (Private) Limited and Hub Power Company; Pakistan Telecommunication Company Limited; Dewan Salman Fiber Limited; Pakistan Tobacco Company; Fauji Foundation and Army Welfare Trust.