Latest news with #SobiaMalik
Express Tribune
08-07-2025
- Business
- Express Tribune
Gujranwala tops Punjab in tax recovery
The Excise, Taxation, and Narcotics Control Department Gujranwala has achieved the highest tax recovery among all districts of Punjab during the fiscal year 2024-25. Against a target of Rs3.66 billion, the department collected over Rs4.52 billion, surpassing its goal by a significant margin, according to officials. The offcials said the performance was made possible through a strategy led by Director Excise and Taxation Sobia Malik to keep all departmental teams on alert throughout the year. Major contributions came from the motor vehicle tax, property tax, professional tax, and excise duty sectors. During the year, the department collected Rs2.39 billion in motor vehicle tax, exceeding the target of Rs .87 billion. In the property tax category, collections reached Rs1.5 billion, while professional tax collections stood at Rs955.2 million. Other recoveries 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 that the tax targets have been raised in the current fiscal year. She emphasized the department's commitment to achieving higher targets. She termed exceptional the performance of the teams involved in motor vehicle and property tax collections.
Express Tribune
02-03-2025
- Business
- Express Tribune
GDA properties sealed over tax default
Teams conducted raids and the properties of tax defaulters were sealed. CREATIVE COMMONS The excise and taxation department has sealed 131 commercial properties of the Gujranwala Development Authority (GDA) over default in payment of Rs190 million. According to Excise Director Sobia Malik, the department had issued notices to the GDA for the payment of dues, but to no avail. However, GDA Estate Officer Mirza Shah Zaman claimed that the excise and taxation department had made incorrect assessments and sealed the shops unjustly. He said the GDA had referred the matter to senior officials. The GDA had rented out shops and offices, generating millions in annual revenue, but had not paid taxes to the department. Over the past 10 years, Rs190 million in commercial property tax has remained unpaid. The department informed higher authorities and proceeded to seal the commercial properties. The director said Gujranwala ranked first in Punjab for tax recovery, motor vehicle registration and challan collection, and recovery of dues from the GDA was part of the effort. The GDA estate officer claimed that the excise department had acted hastily. He said the GDA had been directed by court to approach the excise department for resolution of matters but had not been granted relief.
