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Tag: revenue collection

pakistan customs

Customs stations to remain open on June 29, 30 for duty, tax collection

June 25, 2019March 12, 2021Mrs. Anjum Shahnawaz

ISLAMABAD: Federal Board of Revenue (FBR) has instructed all the customs stations in the country to remain open and observe extended working house till 10:00 pm on Saturday (June 29, 2019) and till 12:00 mid-night Sunday (June 30, 2019). The FBR issued these instructions for facilitation of trade in payment of duty/taxes. The FBR has […]

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pakistan customs

Pakistan Customs surpasses revenue target, collects Rs510.11bn in nine months

April 2, 2019April 18, 2021Faisal Shahnawaz

KARACHI: Pakistan Customs has surpassed the target by collecting Rs510.11 billion as duty during July – March 2018/2019, said a statement on Monday. The target for collection of customs duty for the first nine months was Rs509.3 billion. The duty collection during July – March 2018/2019 is higher 19.2 percent when compared with Rs482 billion […]

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FBR needs Rs2.07 tn to achieve collection target

March 1, 2019July 24, 2025Faisal Shahnawaz

ISLAMABAD: Federal Board of Revenue (FBR) is required to collect over Rs2.07 trillion in next four months in order to meet revenue collection target of Rs4.398 trillion for current fiscal year.

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FBR releases 24pc less refunds in seven months amid huge collection shortfall

February 6, 2019November 30, 2023Mrs. Anjum Shahnawaz

ISLAMABAD: The issuance of refunds by Federal Board of Revenue (FBR) decline by 24 percent yet the net collection for the first seven months witnessed huge shortfall.

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  • FBR gets Rs85.6 billion for FY27 salaries and operations
  • TRG Pakistan loses US injunction bid against former CEO, weighs appeal
  • Fourth of July heatwave puts 160 million Americans under alert
  • FBR forgoes Rs1.52trn sales tax on POL products due to petroleum levy
  • FBR grants Rs1.56bn sales tax exemptions on gold imports
  • Automotive sector receives Rs258bn customs duty relief: FBR
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