Gujranwala tops Punjab in tax extraction

Gujranwala:

The Department of Exchange, Taxation and Drugs Gujranwala has achieved the highest tax extraction among all districts in Punjab in the financial year 2024-25. Against a target of RS3.66 billion, the department collected over RS4,52 billion and exceeded its target by a significant margin, according to officials.

Offcials said the performance was made possible through a strategy led by director Excise and Taxation Sobia Malik to keep all department teams on duty all year round.

Larger contributions came from motor vehicle tax, property tax, professional tax and excise sectors.

During the year, the department collected RS2,39 billion in motor vehicle tax and exceeded the target of Rs .87 billion. In the Property Tax category, collections reached RS1.5 billion, while professional tax collections were on RS955.2 million.

Other recovery included RS510.3 million from the “On Highway” category, RS104.9 million from high value residential properties and RS60.5 million through excise duty.

Director Sobia Malik said the tax goals have been raised in the current financial year. She emphasized the department’s obligation to achieve higher goals. She called unusual results of the teams involved in collections of motor vehicles and property taxes.

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