Tax targets versus tax gap—I “…the FBR’s revenue target has been increased to Rs 9,415 billion, requiring a 31% increase over collection of... Updated 14 Jul, 2023 06:47am
Business & Finance July-June (2022-23): Rs496bn shortfall in collection ISLAMABAD: Federal Board of Revenue (FBR) has provisionally collected Rs 7144 billion during July-June (2022-23)... Published 29 Jun, 2023 04:19am
Print Tax expenditures constitute 36.43pc of FBR tax collection? ISLAMABAD: The tax expenditures remained 36.43 percent of the total Federal Board of Revenue (FBR) tax collection in... Updated 12 Jun, 2023 08:43am
Print Monthly update: Inflation to remain on upward trajectory: MoF ISLAMABAD: Inflation to remain on a higher trajectory despite monetary tightening primarily due to rupee... Updated 31 May, 2023 08:53am
Pakistan Pakistan will not default, reiterates Ishaq Dar Finance minister says Pakistan will escape current difficult economic circumstances Published 24 May, 2023 06:00pm
Print Slow growth, rising inflation: SBP projects a double whammy for country Says demand management measures and floods in 2022 have weighed heavily on the country’s growth outlook for FY23 Updated 20 May, 2023 07:23pm
Business & Finance July-March: FBR suffers massive shortfall of Rs304bn ISLAMABAD: Despite imposition of additional taxes of Rs 170 billion on February 14, the Federal Board of Revenue... Published 01 Apr, 2023 07:24am
Print Jul-Feb: FBR collection shows Rs240bn shortfall After the imposition of taxes of Rs 170 billion in the mini-budget, the new annual tax target of the FBR fixed at Rs7.64 trillion Updated 05 Mar, 2023 01:42pm
Business & Finance Releasing refunds is not wrong, says Shabbar Zaidi Former FBR chief says they are handled by field officers Published 04 Mar, 2023 07:32pm
Business & Finance FBR surpasses Feb revenue collection target ISLAMABAD: The Federal Board of Revenue (FBR) has exceeded the assigned revenue collection target of Rs 527 billion... Published 02 Mar, 2023 06:23am
Business & Finance Rs2bn shortfall in Feb collection ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 525 billion in February 2023 against ... Published 01 Mar, 2023 06:21am
Editorials Raise in FBR tax collection target EDITORIAL: Additional taxation measures of 170 billion rupees tabled in parliament on 15 February by Finance ... Published 21 Feb, 2023 05:57am
Print Income tax on salaried people: FBR identifies Rs28bn gap ISLAMABAD: The tax gap for income tax on salaried income is approximately Rs28 billion and non-salaried... Updated 12 Jan, 2023 10:43am
Business & Finance FBR sees Rs1289bn tax gap for 2022 ISLAMABAD: The Federal Board of Revenue (FBR) has worked out overall tax gap of Rs1,289 billion during 2022, which... Published 10 Jan, 2023 06:28am
Opinion FBR: Dwindling tax collection Pakistan has one of the world’s lowest tax ratios, stemming from five main weaknesses: complexity, a narrow tax... Published 06 Jan, 2023 05:58am
Business & Finance Monthly economic update, outlook: Manageable CAD, its guaranteed financing required: FD ISLAMABAD: The Finance Division has acknowledged that a manageable current account deficit and its guaranteed... Published 30 Nov, 2022 07:01am
Print Revenue shortfall may ‘force’ FBR to tax banking profits as well If revenue shortfall continues in November 2022, then there is a strong possibility of new taxation measures including a gradual increase in sales tax on petroleum products Updated 14 Nov, 2022 10:08am
Business & Finance Persons not appearing on ATL: Commissioners told to enforce collection of higher rates of WHT by banks ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Asim Ahmad Friday directed Chief Commissioners Inland Revenue... Updated 05 Nov, 2022 11:31am
Business & Finance Income tax return deadline extended till Nov 30 ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 512 billion in October 2022 against the... Updated 01 Nov, 2022 10:47am
Print MoF Outlook: Challenges ahead as flood damages to impact whole economy ISLAMABAD: Pakistan is faced with challenging economic environment subsequent to damages caused by the floods,... Updated 31 Oct, 2022 10:22am
Print AGP flags wrong collection of certain WHTs ISLAMABAD: The Auditor General of Pakistan (AGP) has found that the Federal Board of Revenue (FBR) is wrongly... Updated 12 Oct, 2022 09:26am
Business & Finance FBR: Aug collection surpasses target ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected net revenue of Rs 489 billion during ... Published 01 Sep, 2022 06:34am
Print FBR achieves budgeted target of Rs5.829trn ISLAMABAD: The Federal Board of Revenue (FBR) has achieved the budgeted target of Rs5,829 billion set for the whole... Updated 23 Jun, 2022 09:59am
Print Stalled IMF programme: Revival ‘in a day or two’, insists Miftah ISLAMABAD: Finance Minister Miftah Ismail said Monday that an agreement is likely to reach with the International... Updated 21 Jun, 2022 09:56am
Business & Finance Rs29bn shortfall in March collection ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 575 billion during March 2022 against... Published 01 Apr, 2022 05:41am
BR Research CPI: dangerous times ahead! Inflation hammer is at its full swing. The headline number stood at 11.5 percent in November, highest since Feb-20.... Published 02 Dec, 2021 08:07am
Print FBR receives record 2.6m tax returns with Rs48.6bn deposits ISLAMABAD: The Federal Board of Revenue (FBR) has received a staggering number of 2.6 million returns and collected... Updated 16 Oct, 2021 09:35am