The quest for recovery of Rs2.7 trillion revenue That the tax litigation system in Pakistan has long been afflicted by inordinate delays, bureaucratic hurdles, and a... Published 06 May, 2024 05:30am
Pakistan PRA breaks its own collection record in March LAHORE: The Punjab Revenue Authority (PRA) has achieved a significant milestone in revenue collection during the... Published 04 Apr, 2024 04:56am
Print July-March: FBR surpasses Rs6,707bn collection target ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed the assigned revenue collection target of Rs 6,707... Updated 01 Apr, 2024 09:49am
Print Broadening tax base: PM seeks report on phase-wise economic reforms ISLAMABAD: Prime Minister Shehbaz Sharif presiding over a high-level meeting on Wednesday to discuss proposals with... Updated 21 Mar, 2024 09:54am
Print Massive Rs33bn shortfall in Feb revenue collection FBR meets overall tax collection target for the first eight months of the current fiscal year Updated 01 Mar, 2024 09:46am
Print Restructuring of FBR on the cards ISLAMABAD: The caretaker government has constituted a high-level committee to submit specific recommendations on the... Updated 09 Jan, 2024 08:39am
Print Jul-Nov collection exceeds target ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs3,484 billion during the first five... Updated 01 Dec, 2023 09:08am
Print FBR shares collection data with IMF ISLAMABAD: The Federal Board of Revenue (FBR) Friday shared tax-wise data of revenue collection with the... Updated 04 Nov, 2023 04:06pm
Business & Finance FBR optimistic about Q1 revenue target ISLAMABAD: The Federal Board of Revenue (FBR) is confident to achieve the revenue collection target of Rs 2,683... Published 31 Oct, 2023 05:26am
Business & Finance Sept tax collection up by Rs20bn in 28 days ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected over Rs 815 billion in the first 28 days ... Published 29 Sep, 2023 06:24am
Print Broadening tax base: IT ministry to lend a helping hand to FBR ISLAMABAD: The Ministry of IT and Telecommunication would fully assist the Federal Board of Revenue (FBR) in... Updated 15 Sep, 2023 08:53am
Editorials So much for track and trace EDITORIAL: It seems we can’t go even a few days without receiving some sort of bad news from the tax and revenue... Published 09 Sep, 2023 06:20am
Business & Finance Aug SRB revenue collection rises 36pc to Rs 16.02bn YoY KARACHI: The Sindh Revenue Board (SRB) has announced its revenue collection figures for August 2023, showing 36%... Published 02 Sep, 2023 06:55am
Business & Finance July-August: Rs24bn surge in revenue collection ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 1,207 billion during the first two... Updated 01 Sep, 2023 09:10am
Print Govt collects Rs75bn PL in July ISLAMABAD: The government collected Rs 75 billion in July 2023 on account of petroleum levy (PL), a key source of... Updated 22 Aug, 2023 08:56am
Print Shamshad for innovative approach to documenting untaxed sectors Caretaker Finance Minister emphasises on devising strategies to further enhance the tax-to-GDP ratio and broaden the tax base to maximize revenue collection Updated 19 Aug, 2023 04:56pm
Print FBR surpasses July revenue collection target ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs538 billion during July 2023 against the... Updated 02 Aug, 2023 09:09am
Editorials Tax proposals by the IMF EDITORIAL: The $3 billion nine-month-long Stand-By Arrangement (SBA) approved by the International Monetary Fund... Updated 25 Jul, 2023 06:49am
Business & Finance Pogressive taxation: Punjab govt reviewing mechanism, AIT rates LAHORE: To make Agriculture Income Tax (AIT) more meaningful in the total provincial revenue collection, the Punjab... Published 29 Jun, 2023 04:19am
Business & Finance PRA surpasses revenue target for 4th consecutive year LAHORE: The Punjab Revenue Authority (PRA) has surpassed yet another upwards revised target of Rs.197 billion four... Published 28 Jun, 2023 06:31am
Editorials Tax targets for FY24 EDITORIAL: Chairman Federal Board of Revenue, Asim Ahmed, while talking exclusively to Business Recorder, subsequent... Updated 25 May, 2023 07:04am
Print Budget on June 9: Expand tax base urgently, PM asks economic team Chairs meeting regarding the preparation of the budget for the financial year 2023-24 Updated 24 May, 2023 12:31pm
Business & Finance Budget proposals: KCCI for adopting ‘novel’ approaches to economic challenge KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) firmly believes that that out-of-the-box solutions... Published 24 May, 2023 05:57am
Print Local, foreign assets: Rs9bn CVT collected so far ISLAMABAD: The government has so far collected Rs9 billion on account of capital value tax (CVT) on local and... Updated 20 May, 2023 12:30pm
Editorials ‘Realistic’ tax target EDITORIAL: The budget is just around the corner, which makes this the time when the finance ministry is flooded with... Published 20 May, 2023 05:59am
Business & Finance Remaining period of 2022-23: FBR can overcome shortfall through recovery steps: FTO ISLAMABAD: The Federal Tax Ombudsman (FTO) on Friday strongly recommended the Federal Board of Revenue (FBR) to... Published 15 Apr, 2023 06:58am
Business & Finance Punjab meets 74pc of revenue target LAHORE: The Punjab Revenue Authority (PRA) has collected 74% of the assigned target of Rs190 billion by collecting... Published 14 Apr, 2023 05:59am
Business & Finance March SRB collection rises 28pc to 19bn YoY KARACHI: Sindh Revenue Board (SRB) has posted revenue collection of Rs. 19.034 billion in March 2023, as compared to... Updated 03 Apr, 2023 08:41am
Print Revenue from corporate sector drops 30pc due to massive closures LAHORE: Revenue generation from the corporate sector has dropped by 30 percent due to massive closures, particularly... Updated 12 Mar, 2023 09:59am
Print 1HFY23: Non-tax revenue collection of govt stands at Rs896.434bn ISLAMABAD: Non-tax revenue collection of federal government stood at Rs 896.434 billion during the first six months... Updated 04 Mar, 2023 09:08am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees