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 … Read more
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 … Read more
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 … Read more
ISLAMABAD: The share of sales tax has increased to 43.7 per cent in total federal tax collection during first half (July – December) of current fiscal year (1HFY22) as compared with 41.6 per cent in the same half of the last fiscal year. According to biannual report issued by the Federal Board of Revenue (FBR) … Read more
ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday said that all the offices of Inland Revenue (IR) will work on Saturdays to meet the revenue collection target. The FBR in an official memo said that in order to enhance the efforts to meet the revenue target for the current financial year 2021/2022, all field … Read more
ISLAMABAD: Dr. Ashfaq Ahmed, Chairman, Federal Board of Revenue (FBR) on Wednesday hoped that the revenue collection for the current fiscal year will increase to Rs6 trillion – surpassing the target of Rs5.83 trillion. “Our revenue target is Rs 5.830 trillion which is expected to increase till Rs6 trillion by June 2022. We have collected … Read more
ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs2.92 trillion during first half (July – December) of the fiscal year 2021/2022 (FY22), according to data revealed on Friday. The FBR surpassed the half-year target of Rs2.63 trillion by Rs287 billion. Furthermore, the revenue collection recorded an increase of 32.5 per cent over the … Read more
ISLAMABAD: The Federal Board of Revenue (FBR) – Pakistan’s apex revenue collecting agency – has collected over Rs2.31 trillion during the first five months (July – November) of the fiscal year 2021/2022. According to provisional statistics released by the FBR on Tuesday, the net revenue collection is at Rs2.314 trillion during the first five months, … Read more
ISLAMABAD: The Federal Board of Revenue (FBR) has collected an amount of Rs440 billion in the month of October 2021, which is 30.5 per cent higher when compared with Rs337 billion in the same month of the last year. The net collection for the month of October, 2021 realized Rs440 billion, representing an increase of … Read more
ISLAMABAD: Federal Board of Revenue (FBR) has surpassed the revenue collection target for the quarter (July – September) of the current fiscal year by Rs186 billion. According to provisional figures released by the FBR on Thursday, it collected net revenue of Rs. 1.395 trillion during the first quarter of the current fiscal year against the … Read more