BAHAWALPUR: The Punjab Revenue Authority (PRA) has served notice on DJ Butt for the recovery of Rs17 million tax on the basis of his claim he had made in a suit filed against the Pakistan Tehreek-i-Insaf (PTI).
PRA Chairman Dr Raheel Ahmed Siddiqui said that DJ Butt had received over Rs50 million from the PTI while he had filed a suit for the recovery of remaining amount of Rs60 million.
He said the PRA had issued a notice to DJ Butt to pay a tax on the total amount of about Rs110 million at the rate of 16 per cent, which came to about Rs17 million.
Dr Siddiqui clarified that the PRA had nothing to do with a sum of Rs2.5 million Mr Butt had received after having a compromise with the PTI. He said the hearing of DJ Butt’s case before the PRA was fixed for Aug 3 when a final decision would be announced.
The Punjab government will soon establish an industrial estate on about 500 acres of land here.
This was stated by acting chief executive officer Naveed Mushtaq Gill of the Punjab Industrial Estate Development and Management Company (PIEDMC) during his recent visit to the Bahawalpur Chamber of Commerce and Industry (BCCI).
The demand for the establishment of a new industrial estate in Bahawalpur had been made by the BCCI to Punjab Chief Minister Shahbaz Sharif sometime back.
Published in Dawn, July 30th, 2015