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All Stories: tax collection

FinMin lauds FBR’s performance in surpassing revenue target

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday lauded the Federal Board of Revenue (FBR) for its outstanding performance in surpassing revenue collection target for...

IMF demands imposing tax on farm sector

ISLAMABAD: The International Monetary Fund (IMF) has demanded more tax collection from provinces and imposition of the agriculture tax, ARY News reported on Sunday. Official...

FM Aurangzeb for measures to enhance tax to GDP ratio

ISLAMABAD: Federal Minister for Finance and Revenue, Muhammad Aurangzeb here on Friday highlighted the importance of devising strategies to enhance tax-to-GDP ratio and broaden...

SRB tax collection surges to Rs185.2 bln in FY2024

Sindh Revenue Board (SRB) has collected Rs185.2 billion during the first nine months of fiscal year 2023-24, showing an increase of 29 per cent...

FBR exceeds July-March tax collection target

Islamabad: The Federal Board of Revenue (FBR) has exceeded its nine-month target for fiscal year 2023-24 by Rs3 billion, collecting Rs 6710 billion tax,...

Pakistan to collect highest-ever tax in FY2023-24: IMF

ISLAMABAD: The International Monetary Fund (IMF) commended the Federal Board of Revenue's (FBR) performance for expanding Pakistan's tax net, ARY News reported. The international lender...

FBR tax collection in October reaches Rs707 bn

KARACHI: The Federal Board of Revenue (FBR) announced tax collection of Rs 2748 billion from July till October, surpassing the collection target, ARY NEWS...

FBR surpasses target by Rs 63 billion

ISLAMABAD: For the first quarter of the current financial year, FBR has collected Rs 2,041 billion (2022: 1644 billion) against the assigned target of...

FBR collects Rs669 bn in Aug 2023

ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed the revenue target by Rs20 billion as against the projected target of Rs649 billion for...

FBR chairman says no tax collection target fixed yet for FY2023-24

Federal Board of Revenue (FBR) Chairman on Thursday revealed that the authorities have yet not finalized the tax collection target for the upcoming budget,...

FBR collects Rs527.20 billion tax in February: Dar

ISLAMABAD: The Federal Board of Revenue (FBR) collected Rs527.20 billion tax in the month of February, showing a growth of 17% against the target...

No advance tax on marriage hall booking from now

LAHORE: No advance tax on marriage hall booking from now as the Lahore High Court (LHC) Tuesday barred the Federal Board of Revenue (FBR)...

SHC restrains KMC from tax collection by electricity bills

KARACHI: The Sindh High Court on Monday restrained the KMC to collect its municipal tax through the electricity bills, ARY News reported. "KMC should not...

FBR tax collection in July crosses target, stands at Rs458 bn

KARACHI: The Federal Board of Revenue (FBR) on Monday announced tax collection of Rs458 billion during July, the first month of FY2022-23, surpassing the...

Sindh Revenue Board collected record taxes in 2021-22

Karachi: The Sindh Revenue Board (SRB) collected a record tax of Rs153 billion in the fiscal year 2021-22, the Cheif Minister Sindh told, ARY...

Miftah Ismail lauds FBR for record tax collection

ISLAMABAD: Finance Minister Miftah Ismail on Wednesday appreciated the Federal Board of Revenue (FBR) for collecting Rs490 billion in taxes in the month of...

FBR collection rises 29% to Rs4,382bn in eight months

ISLAMABAD: The Federal Board of Revenue (FBR) collected record revenue of Rs4,382 billion during the first eight months (Jul-March) of the ongoing fiscal year. According...

Excess tax collection helped in petrol, electricity subsidies: PM Imran Khan

ISLAMABAD: Prime Minister Imran Khan on Wednesday said that the Federal Board of Revenue (FBR) has successfully achieved a tax collection target for February...

Federal budget deficit increases despite higher tax collection

ISLAMABAD: Finance ministry Thursday released details of the federal budget, highlighting that the deficit has increased by Rs459 billion in six months of the...

FBR collected Rs4,745 billion tax in 2020-21: Finance ministry

ISLAMABAD: The Federal Board of Revenue (FBR) collected tax of Rs4,745 billion during the fiscal year 2020-21, the finance ministry informed Senate on Friday. In...
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