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The tax directory issued by the Federal Board of Revenue for Tax Year 2016 Friday revealed the names of top corporate tax payers that include Habib Bank Limited with a tax payment of Rs 16,472,959,641 and MCB Bank Limited with tax of Rs 16,167,692,367.

Among other top taxpayers, Askari Bank Limited paid a tax of Rs 2,506,734,555; Bank Alfalah Limited, Rs 4,171,355,730; Bank Al-Habib Limited, Rs 4,808,736,856; and Citibank NA paid Rs 1,445,692,689. Oil and Gas Development Company Limited paid a tax of Rs 5,653,907,312 during Tax Year 2016, according to the Tax Directory. In Tax Year 2015, OGDCL paid a tax of Rs 26,078,834,683.

Government Holdings (Private) Limited paid a tax of Rs 7,966,293,553; United Bank Limited, Rs 15,229,592,584 and Industrial and Commercial Bank of China Limited paid Rs 1,119,585,534.

The list of the Tax Directory also revealed that Allied Bank Limited paid a tax of Rs 8,878,598,356; Zarai Taraqiati Bank Limited Rs 3,246,228,837; Habib Metropolitan Bank Limited, Rs 4,973,665,581; Askari Bank Limited - Rs 2,506,734,555; Meezan Bank Limited - Rs 1,664,172,843; National Bank of Pakistan - Rs 7,050,267,633 and Standard Chartered Bank (Pakistan) Limited - Rs 4,253,341,125.

Other banks' tax payments for Tax Year 2016 revealed that Faysal Bank Limited paid Rs 1,689,827,066; Sindh Bank Limited Rs 1,798,378,146; Soneri Bank Limited Rs 1,556,220,853 and Bank of Khyber paid a tax of Rs 1,100,112,382. According to the Tax Directory, United Energy Pakistan Limited paid a tax of Rs 4,631,593,637; Kot Addu Power Company Limited Rs 5,029,463,163; Pak-Arab Refinery Limited - Rs 10,362,083,550; Pakistan State Oil Company Limited - Rs 8,161,506,413; Attock Petroleum Limited Rs 1,860,574,659 and National Refinery Limited Rs 2,090,689,885.

The Tax Directory further revealed that Indus Motor Company Limited paid a tax of Rs 5,480,721,398; Kohat Cement Company Limited Rs 1,309,476,306; Lucky Cement Limited Rs 4,545,210,368; Bestway Cement Limited Rs 3,019,808,350 and Askari Cement Limited paid tax of Rs 1,163,169,991.

Tax directory disclosed that Bestway Holdings Limited paid a tax of Rs 1,210,964,163; Pakistan Telecommunication Authority Rs 2,713,633,319; Pakistan Telecommunication Company Limited Rs 1,105,730,276; Telenor Pakistan (Private) Limited, Rs 3,730,009,119; Pakistan Security Printing Corporation (Private) Limited Rs 1,242,095,877;

Pakistan Tobacco Company Limited Rs 3,313,571,101; Abbott Laboratories Pakistan Limited Rs 1,385,801,768; Aga Khan Fund For Economic Development SA, Rs 1,134,583,502; Huawei Technologies Pakistan (Private) Limited Rs 2,255,462,010; Kirthar Pakistan BV, Rs 2,020,509,169; Nestle Pakistan Limited Rs 4,033,532,504; Aga Khan Fund For Economic Development SA, Rs 1,134,583,502; Karachi International Container Terminal Limited Rs 1,641,197,600 and Pepsi-Cola International (Private) Limited paid Rs 2,140,634,758.

Other companies which are top tax paying companies included Orix Leasing Pakistan Limited which paid a tax of Rs 101,413,731 and Fauji Fertilizer Company Limited paid Rs 6,500,717,464.

According to the Tax Directory, Qasim International Container Terminal Pakistan Limited paid a tax of Rs 1,414,210,551; Rafhan Maize Products Company Limited paid Rs 1,532,510,048; Unilever Pakistan Limited Rs 3,101,941,539 and Tetra Pak (Pakistan) Limited Rs 2,429,340,522.



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