Revenue collection exceeds target in Nawalpur

Published On: December 9, 2021 11:12 AM NPT By: Republica  | @RepublicaNepal


Revenue collection exceeds target in Nawalpur

NAWALPUR, Dec 9: The Inland Revenue Office Kawaswoti has collected revenue over Rs 2 billion than its target in the first four months of the current fiscal year 2021/22. 

Public Information Officer at the Office Amrit Adhikari shared that the Inland Revenue Office has exceeded its revenue collection target by around Rs 1.95 billion in the first semester of the current fiscal year. 

Against the revenue collection target of Rs 5.81 billion within the timeline of mid-November 2021, the office had generated Rs 7.76 billion in the period, Information Officer Adhiakri added. With this, the revenue collection against the target is 133.52 percent more, he shared. 

The office had collected the highest amount of revenue under the heading of excise duty. The tax collected in the form of excise duty during the reporting period was Rs 7.48 billion while the target was Rs 5.56 billion.

(RSS)

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