Direct taxes register 14.4pc growth in 10 months
ISLAMABAD—The direct taxes has registered a growth of 14.4 percent during first ten months of current fiscal year 2015-16. The net collection has gone up from Rs.775.9 billion to Rs.888.0 billion, an Economic Survey for current fiscal year revealed which was announced by Minister for Finance, Senator Ishaq Dar at a press conference here on Thursday.
The Survey said bulk of tax revenue under direct tax is realized from income tax, of which major contributors are withholding tax, voluntary payments and collection on demand.—APP
Secretary Ministry of Water and Power Muhammad Younus Dagha addressing International Infrastructure Investment Forum 2016 at Beijing, China.
ISLAMABAD: Federal Minister for Planning, Development and Reform Ahsan Iqbal chairing high-level fortnightly review meeting of China-Pakistan Economic Corridor.