The four major public sector universities in the provincial capital are tax defaulters
The four major public sector universities in the provincial capital are tax defaulters

PESHAWAR: The four major public sector universities in Peshawar are non-tax fillers, said the Khyber Pakhtunkhwa Excise, Taxation and Narcotics Department revealing that the University of Peshawar, Agriculture University, Khyber Medical College and University of Engineering and technology have not deposited token tax of their vehicles since 2005.

All the four universities are defaulting Rs35.70 million under the head of annual token tax of 186 vehicles.

In a statement issued here by Secretary Excise Zafar Ali Shah stated that Rs 6.4 million token tax of vehicles was payable against 52 vehicles of University of Peshawar while Agriculture University owed Rs13.7 million to Excise Department. Similarly, Rs 9.4 million token tax of 50 vehicles of University of Engineering (UET) was payable and Khyber Medical College was a debtor of Rs5.1 million for 50 vehicles.

All the varsities have failed to submit vehicles’ token tax since 2005 and the excise department in this regard has sent notices to concerned varsities, the statement said.

The statement while quoting Director General Syed Fayaz Ali Shah said it is the responsibility of every organization, private or government, to pay the token tax of its vehicles.  Shah said that it is very disappointed that the organizations haven’t deposited its tax for such a long time.

Lucky cement finally pays Rs 39.5 million property tax

The supreme court of Pakistan directed the Lucky Cement factory, that they can pay the tax in three instalments. pay tax to KP Government
The supreme court of Pakistan directed the Lucky Cement factory, that they can pay the tax in three instalments. pay tax to KP Government

 

PESHAWAR: The Lucky Cement factory has finally paid Rs 39.5 million tax to the Khyber Pakhtunkhwa government on the direction of the Supreme Court of Pakistan. It was the first instalment of Rs 150 million tax the factory is liable to pay to the provincial government.

The supreme court of Pakistan directed the Lucky Cement factory, that they can pay the tax in three instalments.

Lakki cement factory had not deposited any tax since 2011 and was not ready to pay it in future until a case was filed against the factory in the Supreme Court. The provincial government officials said that they will not tolerate any delay in the payment of the remaining two instalments of tax.

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