Tax collection on profit from govt securities up 22pc
Tax collection on profit from govt securities up 22pc Business March 16, 2021 KARACHI: The collection of income tax from return on investment in government securities has registered an increase of 22 percent during the first eight months (July-February) 2020/2021, sources said on Monday. The sources in Large Taxpayers Office (LTO) Karachi said the tax collection from yield on government securities increased to Rs4 billion during the first eight months of the current fiscal year as compared with Rs3.26 billion in the corresponding months of the last fiscal year. The rise in tax collection ma...