The Federal Board of Revenue (FBR) is making good progress towards its October 2023 objective of collecting Rs. 705 billion in taxes. In this essay, we’ll lay down what’s going on in…
Tag: Tax collection
FBR Deadline: Tax Collection Target Set for September 28, 2023
To maximize the amount of money that may be collected in taxes during the current month, the Federal Board of Revenue (FBR) has issued a directive to all of the field offices…
FBR advances tax collection from corporations to meet annual revenue targets
Substantial tax Offices (LTOs) under the Federal Board of Revenue (FBR) have begun accepting advance tax payments from major firms to satisfy yearly revenue objectives. As stated by the Pakistan Business Council…
FBR set a target of Rs. 537 billion for tax collection in November
The Federal Board of Revenue (FBR) has set a November tax collection goal of Rs. 537 billion. After suffering a major deficit of Rs. 21 billion in October, the FBR has established…
SBP extends banking hours in order to increase tax collection
The field offices of SBP Banking Services Corporation (SBP-BSC) and authorized branches of the National Bank of Pakistan (NBP) will observe extended banking hours until 8:00 p.m. and 10:00 p.m. on the…
FBR records a 29.1 percent increase in tax collection from July to March of FY22
During the current financial year 2021-22, the Federal Board of Revenue (FBR) earned net revenue of Rs. 4,382 billion, surpassing the objective of Rs. 4,134 billion by Rs. 247 billion. This is…
FBR outpaces tax collection by 32.5 percent in the first half
ISLAMABAD: Tax collection increased by Rs287 billion in the first half of the fiscal year 2012-22 (July-Dec), according to The News on Saturday. The provisional revenue collection of Rs2,920 billion for July-December…
PM Imran Khan praises FBR for exceeding tax collection in October
ISLAMABAD: Prime Minister Imran Khan praised the Federal Board of Revenue (FBR) for exceeding its monthly tax collection goal in October. “I want to congratulate FBR for attaining tax collection of Rs…