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PESHAWAR, Jul 09 (APP):The Excise & Taxation Department, Khyber Pakhtunkhwa has surpassed its annual recovery target by Rs.2.325 billion during last fiscal year 2024-25.
This was informed during a recovery performance review meeting of the department here on Wednesday. The meeting reviewed the recovery and performance during last financial year in detail.
The meeting was told that the assigned recovery target for the department for financial year 2024-25 was Rs.5.962 billion. However, it succeeded in not only achieving target rather surpassed it by recovering Rs.7.033 billion during the year.
The recovery is 123.6% of the original target and 104.56% of the revised target as well as 49.41% higher than the target.