FBR

Receives Rs2.3 trillion largely because of higher sales tax collection at import stage

Receives Rs2.3 trillion largely because of higher sales tax collection at import stage

Burden grew by Rs20.7 trillion in recent 3 years & 3 months total 39 months.

PM Imran Khan says increased tax collection only way to come out of vicious cycle of debt-loan repayment; govt to take it to Rs8,000 billion. Says the “ruling elite” in …

Next installment worth $1 billion is likely to be received if talks are successful. “Policy talks between Pakistan and IMF will continue from October 13 to 15,” officials say. Spokesperson …

IMF demands raise in income tax, sales tax, regulatory duty. Demand aims to help pull up annual tax collection target from Rs5.8 trillion to Rs6.3 trillion. FBR Chairperson Dr Mohammad …

Talks with IMF commence in Islamabad for another tranhce of over $ 1 billion with implementing harsh conditions of the fund like depreciation of rupee, increasing taxes on imports and …

The FBR collected Rs1,395 billion in the first quarter (July-Sept) of the current fiscal year against the set target of Rs1,211 billion, exceeding by Rs184 billion.

Minister for Finance Shaukat Tarin decides to extend the date considering the constant demands from the business community. The tax collection body had received applications for an extension in the …

KARACHI: As the deadline to file income tax returns nears, businessmen have urged the Federal Board of Revenue to extend the date to file by two months to facilitate the …