Tag: tax collection

ISLAMABAD:  Despite the increase in rates of sales tax and federal excise duty through a recent mini-budget, the Federal Board of Revenue (FBR) missed its tax collection target for April 2023 by over Rs100 billion.

ISLAMABAD: The Federal Board of Revenue (FBR) on Monday announced that it will be collecting duty and taxes on April 29th and 30th, 2023, to cover up time lost due to Eid holidays.

ISLAMABAD: In pursuit of mammoth revenue target of Rs7.64 trillion, the Federal Board of Revenue (FBR) will squeeze taxpayers during four months (March – June) to generate Rs3.15 trillion.

ISLAMABAD: Federal Board of Revenue (FBR) has required to collect Rs3.51 trillion during next five months (February – June) of this year in order to achieve fiscal year 2022-2023 collection target.

ISLAMABAD: Federal Board of Revenue (FBR) has achieved only 77 per cent of assigned tax collection target for the month of December 2022, according to an official statement issued on Saturday.

ISLAMABAD: Finance Minister Mohammad Ishaq Dar has directed Federal Board of Revenue (FBR) to achieve true tax potential in the country.

Islamabad: The Federal Board of Revenue (FBR) has announced that tax offices will remain open on December 30-31, 2022, to accommodate the year-end rush for the collection of duties and taxes.