tax collection Archives - Page 2 of 10

KPRA Posts Impressive 45% Tax Collection Growth in 1HFY25

January 2, 2025January 2, 2025Mrs. Anjum Shahnawaz

The Khyber Pakhtunkhwa Revenue Authority (KPRA) has achieved remarkable progress in tax collection, amassing Rs 24.2 billion during the first six months (July – December) of the fiscal year 2024-25. This represents an impressive 45% growth compared to the Rs 16.7 billion collected in the same period last year, showcasing an increase of Rs 7.5 […]

FBR Faces Rs 380 Billion Tax Shortfall in 1HFY25

January 1, 2025January 1, 2025Mrs. Anjum Shahnawaz

The Federal Board of Revenue (FBR) faced a substantial revenue shortfall of Rs 380 billion during the first half of the current fiscal year (July-December 2024). The total tax collection amounted to Rs 5,629 billion, falling short of the projected target of Rs 6,009 billion, raising concerns over Pakistan’s fiscal performance.

FBR Faces Expanding Revenue Shortfall in November 2024

December 1, 2024December 1, 2024Shahnawaz Akhter

Islamabad, December 1, 2024 – The Federal Board of Revenue (FBR) is grappling with an expanding revenue shortfall for November 2024, compounding challenges in meeting the national tax agency’s collection targets for the fiscal year.

FBR Surpasses September Target but Faces Shortfall for First Quarter

October 1, 2024October 1, 2024Mrs. Anjum Shahnawaz

Islamabad, October 1, 2024 – In a mixed financial performance for the start of the fiscal year, the Federal Board of Revenue (FBR) managed to surpass its revenue collection target for September 2024, but fell short of the ambitious tax collection target for the first quarter (July-September) of the fiscal year 2024-25. This outcome highlights […]

FBR Hopes to Hit 1QFY25 Target on Anticipated Import Turnaround

September 1, 2024September 1, 2024Shahnawaz Akhter

Karachi, September 1, 2024 – The Federal Board of Revenue (FBR) expressed optimism on Sunday about meeting its first-quarter revenue collection target for the fiscal year 2024-25, anticipating a rebound in imports driven by lower inflation and a reduced policy rate.

FBR Surpasses Tax Collection Target by Rs 54 Billion for FY24

June 30, 2024June 30, 2024Shahnawaz Akhter

Islamabad, June 30, 2024 – The Federal Board of Revenue (FBR) announced on Sunday that it has surpassed its tax collection target for the fiscal year 2023-24 by Rs 54 billion, achieving a total collection of Rs 9.306 trillion.

FBR Achieves 31% Revenue Collection Growth in 11MFY24

May 31, 2024May 31, 2024Shahnawaz Akhter

PkRevenue.com – The Federal Board of Revenue (FBR) has recorded an impressive 31 percent growth in revenue collection during the first eleven months (July-May) of the fiscal year 2023-24.

KPRA Surpasses Annual Tax Collection Target One Month Ahead

May 30, 2024May 30, 2024Mrs. Anjum Shahnawaz

PkRevenue.com – The Khyber Pakhtunkhwa Revenue Authority (KPRA) has achieved a significant milestone by surpassing its revenue collection target for the financial year 2023-24, a full month ahead of schedule.

FBR Surpasses Targets, Collects Rs 6.71 Trillion in 9MFY24

March 31, 2024March 31, 2024Shahnawaz Akhter

Islamabad, March 31, 2024 – The Federal Board of Revenue (FBR) announced a significant achievement on Sunday, revealing that it had successfully collected Rs 6.71 trillion in tax revenue during the first nine months (July – March) of the fiscal year 2023-24.

SRB Achieves Impressive 34% Collection Growth in 7MFY24

February 1, 2024May 20, 2026Shahnawaz Akhter

Karachi, February 1, 2024 – The Sindh Revenue Board (SRB) has reported a remarkable 34 percent growth in the collection of sales tax on services during the initial seven months (July – January) of the fiscal year 2023-24.

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