Karachi, December 25, 2024 – The Federal Board of Revenue (FBR) has taken an unprecedented step by deciding to keep its collection windows open on the last Saturday and Sunday of December 2024.
This initiative is aimed at maximizing tax collection for the second quarter of the fiscal year ending December 31, 2024.
The FBR has issued clear directives to the Chief Commissioners of its field formations, including the Large Taxpayers Offices (LTOs), Medium Taxpayers Office (MTO), Corporate Tax Offices (CTOs), and Regional Tax Offices (RTOs). These offices have been instructed to ensure that their teams remain operational and observe regular working hours on Saturday, December 28, 2024, and Sunday, December 29, 2024.
According to the FBR, this decision is a proactive enforcement measure designed to facilitate the achievement of revenue collection targets for the second quarter of FY2024-25. The organization has stressed the importance of taking every possible step to ensure taxpayers are supported and motivated to meet their tax obligations within the stipulated timeline.
Sources within the FBR revealed that the authority is grappling with a significant shortfall in revenue collection for the current fiscal year. This shortfall has prompted the revenue body to implement aggressive strategies to optimize tax inflows before the end of the quarter.
By keeping its collection offices operational over the weekend, the FBR aims to provide taxpayers with additional opportunities to fulfill their tax obligations, thereby contributing to a stronger fiscal performance for the government. This move also reflects the FBR’s commitment to achieving its broader revenue goals for FY2024-25.
The FBR’s decision underscores its determination to adopt innovative solutions to address revenue collection challenges. By focusing on extended operational hours and proactive enforcement, the FBR is ensuring that both taxpayers and tax offices have the necessary support to meet critical deadlines.
This measure is part of a series of steps the FBR has introduced to streamline its operations and bolster compliance, ultimately strengthening Pakistan’s tax collection framework.