Revenue collection registers 27pc growth in first month of 2020/2021

ISLAMABAD: Federal Board of Revenue (FBR) has started the fiscal year 2020/2020 with 27 percent growth in revenue collection for July 2020. The FBR collected Rs300 billion in July 2020 as compared... Read more »

FBR to adopt new measures to achieve Rs4,963 billion collection target

ISLAMABAD: Federal Board of Revenue (FBR) has decided to take new enforcement and administrative measures to achieve revenue collection target of Rs4,963 billion assigned for current fiscal year. The federal government in... Read more »

SRB collects Rs105.9 billion in challenge economic situation

KARACHI: Sindh Revenue Board (SRB) has collected Rs105.9 billion as sales tax on service during fiscal year 2019/2020 despite challenging economic situation due to COVID-19. According to a statement released on Wednesday... Read more »

FBR surpasses fiscal year 2019/2020 collection target

ISLAMABAD: Federal Board of Revenue (FBR) has surpassed revenue collection target of Rs3,907 billion for fiscal year 2019/2020, which was significantly lower due to coronavirus adverse impact on the economy. FBR official... Read more »

FBR assigned 27 percent higher revenue collection target in 2020/2021

ISLAMABAD: Federal Board of Revenue (FBR) has been assigned 27 percent higher revenue collection target for fiscal year 2020 despite challenging economic conditions due to COVID-19. According to official documents of Budget... Read more »

COVID-19 claims four more taxmen as IR offices open on Saturdays

KARACHI: Four more officials of Inland Revenue have died of COVID-19 as field offices of Federal Board of Revenue (FBR) were remained opened on Saturday. The offices of Federal Board of Revenue... Read more »

FBR decides opening IR offices on Saturdays as coronavirus spreads rapidly

ISLAMABAD: Federal Board of Revenue (FBR) has decided to open its field offices on Saturdays to meet monthly target of Rs415 billion despite rapid spread of coronavirus, which already claimed lives of... Read more »

Budget 2020/2021 preview: Ambitious tax collection target likely with less weight on documentation

KARACHI: The government likely to set an ambitious revenue collection target for budget 2020/2021 with less focus on documentation of economy in order to promote business. According to Budget 2020/2021 preview released... Read more »

FBR records 31 percent decline in May collection

ISLAMABAD: Federal Board of Revenue (FBR) has recorded 31 percent decline in revenue collection during May 2020 owing to halt in economic activities after lockdown imposition. According to provisional figures released by... Read more »

FBR collection falls by 13.4 percent in April

ISLAMABAD: The revenue collection has registered 13.4 percent decline in April 2020 over the corresponding month of the last year, due to ongoing lockdown to contain spread of coronavirus. According to provisional... Read more »