According to the report, the hospital’s management paid Rs42.035 million to a vendor in a non-transparent and irregular manner. “The contractor offered rates and include 24 per cent tax (16 per cent PST and 8 per cent income tax) separately. The contractor charged an income tax of 8 per cent illegally because the income tax is not a chargeable tax. The procuring agency will be withheld the income tax from the total income of the contractor at the time of payment. Income tax valuing Rs3,362,817 was overpaid to the contractor which needs to be recovered/withheld and deposited into the income tax treasury,” it further stated.

Source: Pakistan Today January 28, 2020 14:48 UTC