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Tag: revenue collection

LTO Karachi

LTO Karachi posts 41% collection growth in 10 months

April 30, 2022January 19, 2024Faisal Shahnawaz

The Large Taxpayers Office (LTO) in Karachi, the flagship revenue collection arm of the Federal Board of Revenue (FBR), has achieved an extraordinary 41% growth in revenue collection during the first 10 months of the current fiscal year (July – April).

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FBR Building

March collection up over 20% amid political unrest: FBR

April 1, 2022January 19, 2024Mrs. Anjum Shahnawaz

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.

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LTO Karachi

LTO Karachi surpasses Rs1 trillion mark in 8MFY22

March 1, 2022January 23, 2024Faisal Shahnawaz

The Large Taxpayers Office (LTO) Karachi, the leading revenue collection arm of the Federal Board of Revenue (FBR), has achieved a monumental milestone by surpassing the ambitious tax collection target of Rs1 trillion in just eight months of the current fiscal year 2021/2022 (8MFY22).

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FBR Building

FBR posts 30% revenue collection growth in 8MFY22

March 1, 2022March 1, 2022Mrs. Anjum Shahnawaz

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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FBR Building

Share of sales tax collection increases to 43.7% in 1HFY22

February 19, 2022February 19, 2022Mrs. Anjum Shahnawaz

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) […]

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FBR Building

IR offices to work on Saturdays for revenue target

February 9, 2022February 9, 2022Mrs. Anjum Shahnawaz

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 […]

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FBR Chairman Ashfaq

FBR eyes Rs6 trillion collection in current fiscal year

January 26, 2022January 26, 2022Mrs. Anjum Shahnawaz

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 […]

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FBR Building

FBR collects Rs2.92 trillion in first half of FY22

December 31, 2021January 27, 2024Mrs. Anjum Shahnawaz

The Federal Board of Revenue (FBR) has achieved a significant milestone by provisionally collecting Rs2.92 trillion during the first half (July – December) of the fiscal year 2021/2022 (FY22), surpassing the half-year target of Rs2.63 trillion by an impressive Rs287 billion.

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FBR Building

FBR collects over Rs2.31 trillion in five months

November 30, 2021November 30, 2021Mrs. Anjum Shahnawaz

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, […]

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FBR Blue

FBR’s collection up by 30.5% to Rs440 billion in Oct 2021

October 31, 2021January 25, 2024Mrs. Anjum Shahnawaz

The Federal Board of Revenue (FBR) has reported a significant achievement in revenue collection for the month of October 2021, surpassing the figures from the same period last year.

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