September 28, 2022

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Pakistan Revenue

Tag: revenue collection

LTO Karachi surpasses FY22 collection target
Jul 1
Taxation

LTO Karachi surpasses FY22 collection target

KARACHI: Large Taxpayers’ Office (LTO) Karachi surpasses the target of revenue collection of Rs.1,595 billion during the fiscal year 2021-2022. The LTO, Karachi has collected Rs.146 billion excess amount, as it was assigned the target of Rs.1,449 billion for the fiscal year 2021-2022. READ MORE: LTO Karachi collects Rs1.4 trillion July – May The LTO […]

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FBR nears to achieve revenue collection target for 2021/2022
Jun 28
Taxation

FBR nears to achieve revenue collection target for 2021/2022

KARACHI: Pakistan’s apex tax agency has almost achieved the revenue collection target of Rs6.1 trillion for fiscal year 2021/2022. According to FBR sources the revenue collection has crossed the ambitious mark of Rs6 trillion by midday of June 28, 2028. “The FBR needs another Rs100 billion to surpass the revised upward revenue collection target for […]

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LTO Karachi collects Rs1.4 trillion July – May
May 31
Taxation

LTO Karachi collects Rs1.4 trillion July – May

KARACHI: Large Taxpayers Office (LTO) Karachi has collected Rs1.4 trillion during first 11 months (July – May) of fiscal year 2021/2022, showing a 41 per cent growth over the corresponding period last year. According to a statement issued on Tuesday, the LTO Karachi collected Rs1.4 trillion during first 11 months of the current fiscal year […]

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LTO Karachi posts 41% collection growth in 10 months
Apr 30
Taxation

LTO Karachi posts 41% collection growth in 10 months

KARACHI: Large Taxpayers Office (LTO) Karachi has posted an unprecedented growth in revenue collection of 41 per cent during first 10 months (July – April) of the current fiscal year. The LTO Karachi is the largest revenue collecting arm of the Federal Board of Revenue (FBR). READ MORE: LTO Karachi surpasses Rs1 trillion mark in […]

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March collection up over 20% amid political unrest: FBR
Apr 1
Taxation, Top stories

March collection up over 20% amid political unrest: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday said that the revenue collection in March 2022 registered a growth of over 20 per cent despite political uncertainties and import compression. “The political uncertainty and import compression negatively impacted revenue collection during March,” the FBR added. According to the provisional numbers, the net collection for […]

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LTO Karachi surpasses Rs1 trillion mark in 8MFY22
Mar 1
Taxation

LTO Karachi surpasses Rs1 trillion mark in 8MFY22

KARACHI: The Large Taxpayers Office (LTO) Karachi has surpassed an ambition tax collection milestone of Rs1 trillion in just eight months (July – February) of the current fiscal year 2021/2022 (8MFY22). According to a statement issued by the LTO Karachi, the largest revenue collecting arm of the Federal Board of Revenue (FBR), the unit had […]

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FBR posts 30% revenue collection growth in 8MFY22
Mar 1
Taxation

FBR posts 30% revenue collection growth in 8MFY22

ISLAMABAD: The Federal Board of Revenue (FBR) has registered 30.3 per cent growth in revenue collection for the period July – February 2021/2022 (8MFY22), a statement said on Tuesday. According to the provisional figures, FBR has collected net revenue of Rs 3,799 billion during the period under review, which has exceeded the target of Rs268 […]

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