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FBR tax collection

Salaried class: Govt explains how tax burden can be lessened

Will reduce tax burden on salaried class and withdraw tax on milk if FBR is able to recover Rs 300 billion to Rs 350 billion of tax evasion from non-duty paid and smuggled cigarettes

Updated 15 Nov, 2024 02:55pm

Business & Finance

Govt urged to tax high earning ‘sacred cows’ amid revenue shortfall

Former Caretaker Federal Minister for Commerce Dr Gohar Ejaz urged the government to meet its collection target by...

Updated 14 Nov, 2024 11:00pm

FBR assures IMF: Rs12.9trn revenue target will stay intact

Tax collection target of the FBR would not be revised downward for the current fiscal year, sources say

Updated 14 Nov, 2024 02:25pm

Markets

FBR’s digitisation, improved enforcement vital for economic reforms: PM Shehbaz

Enhanced tax receipts will upgrade service delivery, social sector, prime minister says

Updated 20 Sep, 2024 10:48pm

Significant cut in fuel prices likely

ISLAMABAD: As international oil prices continue to fall, the government is poised for a significant reduction in...

Updated 14 Sep, 2024 05:05pm

FBR finalises August collection strategy

ISLAMABAD: The Federal Board of Revenue (FBR) Sunday finalised a strategy to meet the assigned revenue collection...

Updated 26 Aug, 2024 08:57am

Business & Finance

G-B court’s order: Over Rs3bn per annum revenue through imports from China at stake?

ISLAMABAD: The Federal Board of Revenue’s tax collection of over Rs 3 billion per annum from imports from China is...

Published 24 Jul, 2024 06:32am

FBR fails to achieve Rs9.4trn collection target

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs9.3 trillion during the whole fiscal year 2023-24,...

Updated 13 Jul, 2024 10:17pm

FBR exceeds revenue target by Rs54bn

ISLAMABAD: FBR has collected Rs 9,306 billion in Financial Year 2023-24 against the target of Rs 9,252 billion...

Updated 01 Jul, 2024 08:45am

BR Research

Fiscal update: H1-FY24

The Finance ministry has released its Monthly Economic Update, which gives a snapshot of the performance of the...

Updated 01 Mar, 2024 11:06am

Six months: Centre transfers Rs2,435.349bn to provinces

ISLAMABAD: The federal government has transferred Rs2,435.349 billion to the provinces during the first six months...

Updated 28 Feb, 2024 10:14am

Challenges of inflation persist: MoF

ISLAMABAD: The Finance Ministry has said the challenges of inflation persist in the forms of supply chain...

Updated 01 Feb, 2024 08:58am

Opinion

Tax targets versus tax gap—I

“…the FBR’s revenue target has been increased to Rs 9,415 billion, requiring a 31% increase over collection of...

Updated 14 Jul, 2023 06:47am

Business & Finance

July-June (2022-23): Rs496bn shortfall in collection

ISLAMABAD: Federal Board of Revenue (FBR) has provisionally collected Rs 7144 billion during July-June (2022-23)...

Published 29 Jun, 2023 04:19am

Tax expenditures constitute 36.43pc of FBR tax collection?

ISLAMABAD: The tax expenditures remained 36.43 percent of the total Federal Board of Revenue (FBR) tax collection in...

Updated 12 Jun, 2023 08:43am

Monthly update: Inflation to remain on upward trajectory: MoF

ISLAMABAD: Inflation to remain on a higher trajectory despite monetary tightening primarily due to rupee...

Updated 31 May, 2023 08:53am

Pakistan

Pakistan will not default, reiterates Ishaq Dar

Finance minister says Pakistan will escape current difficult economic circumstances

Published 24 May, 2023 06:00pm

Slow growth, rising inflation: SBP projects a double whammy for country

Says demand management measures and floods in 2022 have weighed heavily on the country’s growth outlook for FY23

Updated 20 May, 2023 07:23pm

Business & Finance

July-March: FBR suffers massive shortfall of Rs304bn

ISLAMABAD: Despite imposition of additional taxes of Rs 170 billion on February 14, the Federal Board of Revenue...

Published 01 Apr, 2023 07:24am

Jul-Feb: FBR collection shows Rs240bn shortfall

After the imposition of taxes of Rs 170 billion in the mini-budget, the new annual tax target of the FBR fixed at Rs7.64 trillion

Updated 05 Mar, 2023 01:42pm

Business & Finance

Releasing refunds is not wrong, says Shabbar Zaidi

Former FBR chief says they are handled by field officers

Published 04 Mar, 2023 07:32pm

Business & Finance

FBR surpasses Feb revenue collection target

ISLAMABAD: The Federal Board of Revenue (FBR) has exceeded the assigned revenue collection target of Rs 527 billion...

Published 02 Mar, 2023 06:23am

Business & Finance

Rs2bn shortfall in Feb collection

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 525 billion in February 2023 against ...

Published 01 Mar, 2023 06:21am

Editorials

Raise in FBR tax collection target

EDITORIAL: Additional taxation measures of 170 billion rupees tabled in parliament on 15 February by Finance ...

Published 21 Feb, 2023 05:57am

Income tax on salaried people: FBR identifies Rs28bn gap

ISLAMABAD: The tax gap for income tax on salaried income is approximately Rs28 billion and non-salaried...

Updated 12 Jan, 2023 10:43am

Business & Finance

FBR sees Rs1289bn tax gap for 2022

ISLAMABAD: The Federal Board of Revenue (FBR) has worked out overall tax gap of Rs1,289 billion during 2022, which...

Published 10 Jan, 2023 06:28am

Opinion

FBR: Dwindling tax collection

Pakistan has one of the world’s lowest tax ratios, stemming from five main weaknesses: complexity, a narrow tax...

Published 06 Jan, 2023 05:58am

Business & Finance

Monthly economic update, outlook: Manageable CAD, its guaranteed financing required: FD

ISLAMABAD: The Finance Division has acknowledged that a manageable current account deficit and its guaranteed...

Published 30 Nov, 2022 07:01am

Revenue shortfall may ‘force’ FBR to tax banking profits as well

If revenue shortfall continues in November 2022, then there is a strong possibility of new taxation measures including a gradual increase in sales tax on petroleum products

Updated 14 Nov, 2022 10:08am

Business & Finance

Persons not appearing on ATL: Commissioners told to enforce collection of higher rates of WHT by banks

ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Asim Ahmad Friday directed Chief Commissioners Inland Revenue...

Updated 05 Nov, 2022 11:31am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Markets →

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FBR tax collection

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