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IBTC Co., Ltd was displayed in the list of top 50 Business Entities who paid the most Commercial Tax & Income Tax for 2016-2017 Assessment Year which announced by Internal Revenue Department.

On January 22nd, the Internal Revenue Department of Ministry of Planning and Finance announced a list of the top “50 businesses entities who paid the most Commercial Tax for the 2016-2017 Assessment Year”. International Beverage Trading Co.Ltd, Member Company of Grand Royal Group, was listed as No.6 in the list, as it had paid Commercial Tax under 20,000 Million MM Kyats.

Also, another category, top “50 entities who paid Under 2,000 Million MM Kyats in Income Tax for 2016-2017 Assessment Year”, placed International Beverage Trading Co.Ltd at No.30 in this category.

Myanmar Distillery Co.Ltd, another Member Company of Grand Royal Group, has already paid 57 Billion MM Kyats of Special Goods Taxes for 2017-2018 Fiscal year. Grand Royal Group is very proud to be recognized by the State and to be doing as per the Grand Royal Group motto to “Be A Good Corporate Citizen”.

#GrandRoyalGroup
#BeAGoodCorporateCitizen

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Grand Royal’s CSR “Clean Water Project” has been going on for 2 years from 2016

Grand Royal’s CSR “Clean Water Project” has been going on for 2 years from 2016 – until now. Since it began, the project has focused on activities such as excavating the wells and tanks, and connecting the pipes for water access which were done with the title of “The value of pure water pump”. It was among their successful clean water projects for 2017, and they held a closing ceremony at Yay-Ngan village, Mone-Tine village group, Meikhteelar township, Meikhteelar District on January 6th, 2018 to celebrate the year-end project.
The scope of success for this project at that village resulted in the construction of a well and 6 public water excavated tanks, which now provide 5000 people and about 500 households with access to water. Our Grand Royal Group feels quite proud of succeeding in supporting projects like this and donating to villages which face these hardships of accessing water because of difficult transportation and communications conditions.
In the future, we will continue and promise our participation in sustainable volunteering works so we can be responsible as per our motto, “Be A Good Corporate Citizen”.
#GrandRoyalGroup #BeAGoodCorporateCitizen