Member IR Mr. Shahid Hussain Asad Congratulates Large Taxpayer Unit Islamabad on surprassing assigned revenue collection Target, and distributes certificates among high achievers of LTU.
Member IR Mr. Shahid Hussain Asad Congratulates Large Taxpayer Unit Islamabad on surpassing assigned revenue collection Target, and distributes certificates among high achievers of LTU.
The jurisdiction of Large Taxpayer’s Unit (LTU) Islamabad primarily consists of cases relating to Oil & Gas, Banking, Telecommunication, Textile, Cement, Pharmaceutical, Fertilizer and Construction sectors.
2. LTU Islamabad was assigned the formidable task of achieving the budgetary target of Rs:371 Billion for financial year 2011-2012.This amount constituted 20 % of the national budget assigned to the Federal Board of Revenue.
3. The officers of LTU Islamabad strived very hard to achieve revenue targets assigned under the heads Income Tax, Sales Tax and Federal Excise despite the fact that the country was in the grip of an energy crisis which was negatively effecting every sector of the economy. Also there was a shortage of officers and majority of officers were working on more than one position.
4. Ably led by the Chief Commissioner, Syed Ijaz Hussain , the officers worked tirelessly day and night to achieve the assigned targets and by the year end not only achieved but surpassed the assigned targets.
5. To celebrate the achievement a function was held at LTU, Islamabad on 02.07.2012. Member, Inland Revenue, distributed certificates
amongst the high achievers and praised the efforts of all officials of LTU, Islamabad.