tax collection

Property Tax KARACHI: In a groundbreaking ruling on Thursday, the Sindh High Court (SHC) declared the collection of property tax by cantonment boards as illegal, marking a significant shift in …

Tax goal In ongoing discussions with the International Monetary Fund (IMF), Pakistan has agreed to maintain its annual tax collection target at Rs 9,415 billion. This crucial decision, arising from …

ISLAMABAD: During their ongoing technical-level discussions, the International Monetary Fund (IMF) has requested that Pakistan furnish a report outlining potential tax collection across all sectors. The Federal Board of Revenue …

ISLAMABAD: As per the Active Taxpayers List (ATL), the latest number of income tax return filers stands at 4.2 million in the country. The Federal Board of Revenue (FBR) expects …

FBR seizes PIA bank accounts yet again PIA Pakistan International Airlines (PIA) has not paid its taxes amounting to Rs2.86 billion, resulting in the Federal Board of Revenue (FBR) seizing …

A distribution business does not levy a tax on the provision of natural gas, according to Justice Shahid Jamil Khan in a ruling on petitions from different companies.

Because of a decline in domestic sales tax collection, the overall rise in sales tax collections was less than the increase in sales tax receipts at the importation stage of …

Because of a decline in domestic sales tax collection, the overall rise in sales tax collections was less than the increase in sales tax receipts at the importation stage of …

In the month of November 2021, FBR has also reported above the target tax collection which amounted to Rs476 billion

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