PBC raises concerns on reported termination of satellite tracking of Afghan cargo The Pakistan Business Council (PBC) on Thursday signalled concerns on a report that the Federal Board of Revenue... Published 09 Jan, 2025 08:27pm
Print FBR tax collection: Contribution of LTO Karachi highest ISLAMABAD: The contribution of Large Taxpayer Office (LTO) Karachi in overall tax collection (income tax, sales tax,... Updated 09 Jan, 2025 03:09pm
Pakistan PBC urges govt to avoid past mistakes, identifies five risks to Pakistan’s economy The Pakistan Business Council (PBC), the country’s leading corporate advocacy platform, highlighted five major... Updated 02 Jan, 2025 06:11pm
Pakistan PM urges authorities to address revenue shortfall, meet IMF targets Prime Minister Shehbaz Sharif on Wednesday stressed the tax collection authorities to meet the revenue targets... Updated 01 Jan, 2025 09:51pm
Print Around Rs148bn shortfall: FBR likely to collect Rs1.225trn this month ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to collect Rs1,225 billion during December 2024 against... Updated 31 Dec, 2024 09:15am
Print 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
Print 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
Print 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
Print 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
Print 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
Print 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
Print 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
Print 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
Print 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
Print 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
Print 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
Print 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
Print 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