Excise Department reported 18pc increase in tax collection
LAHORE – Punjab Chief Minister Sardar Usman Buzdar Sunday claimed that Punjab was the only province which had achieved its tax collection target in the preceding years.
“A 24.7 percent increase has been reported in revenue collection of the last financial year by Punjab Revenue Authority. Similarly, there is an 18 percent increase in the tax collection target by Excise Department,” he said in a statement.
Usman Buzdar said that special incentives were given to the business community to minimise the economic impact of the coronavirus pandemic. “Punjab is the only province whose tax revenue target is in surplus,” he claimed, alleging that the incompetency of former rulers had badly affected the economy of the province. He also said that the previous government had made the province bankrupt. “The current government, on the other hand, has worked day and night and put the economy of the province in the right direction. Today, Punjab’s economy has been strengthened once again,” he affirmed.
Separately, the chief minister said that for the first time in the history of the country, a regular and balanced district development package of Rs360 billion had been introduced by the current government. The chief minister said that the package would redress the grievances of the neglected areas. “The previous government postponed the project of new building of Punjab Assembly for 15 years,” he said, and adding that prejudice of the former rulers resulted in significant increase in the cost of the project.
He said that the PTI government completed the project by providing substantial funds of Rs2.5 billion. He further stated that work on Wazirabad Cardiology was started in 2006, but the project was also kept pending for 15 years. “The current government has completed the project by providing funds of Rs3.5 billion and 650,000 patients have so far been treated in this cardiology institute,” the CM maintained.