Janakpur, Aug 11: Twenty-two thousand taxpayers who have been issued with the business PAN number failed to deposit tax at the Internal Revenue Office Janakpur.
Thirty-seven thousand business taxpayers are registered with the Office. Of them, only 15 thousand taxpayers have paid the annual tax, it is said.
The Office has made it clear that legal action would be taken against those failing to pay tax.
The Office took legal action against 20 businessmen and firms that failed to foot the tax even when notified for the same time and again, and collected more than Rs 100 million revenue last fiscal year, said Office Chief Kishor Bartaula.
Twenty business firms have paid the tax after the Office issued notice warning of legal action and penalty on 178 business firms failing to pay tax for long.
The Internal Revenue Office Janakpur stated that revenue collection has increased in fiscal year 2023/24 as compared to the fiscal year 2022/23.
The Office collected revenue of Rs 3.44 billion as against the target of Rs 3.70 billion in fiscal year 2022/23.
It collected Rs 4 billion 466 million and 300 thousand in last fiscal year 2023/24, Bartaula added.
The Office said revenue increased by 11 per cent last fiscal year compared to the preceding fiscal year. #nepal #revenue
