Business & Finance Pogressive taxation: Punjab govt reviewing mechanism, AIT rates LAHORE: To make Agriculture Income Tax (AIT) more meaningful in the total provincial revenue collection, the Punjab... Published 29 Jun, 2023 04:19am
Business & Finance PRA surpasses revenue target for 4th consecutive year LAHORE: The Punjab Revenue Authority (PRA) has surpassed yet another upwards revised target of Rs.197 billion four... Published 28 Jun, 2023 06:31am
Editorials Tax targets for FY24 EDITORIAL: Chairman Federal Board of Revenue, Asim Ahmed, while talking exclusively to Business Recorder, subsequent... Updated 25 May, 2023 07:04am
Business & Finance Budget proposals: KCCI for adopting ‘novel’ approaches to economic challenge KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) firmly believes that that out-of-the-box solutions... Published 24 May, 2023 05:57am
Print Budget on June 9: Expand tax base urgently, PM asks economic team Chairs meeting regarding the preparation of the budget for the financial year 2023-24 Updated 24 May, 2023 12:31pm
Print Local, foreign assets: Rs9bn CVT collected so far ISLAMABAD: The government has so far collected Rs9 billion on account of capital value tax (CVT) on local and... Updated 20 May, 2023 12:30pm
Editorials ‘Realistic’ tax target EDITORIAL: The budget is just around the corner, which makes this the time when the finance ministry is flooded with... Published 20 May, 2023 05:59am
Business & Finance Remaining period of 2022-23: FBR can overcome shortfall through recovery steps: FTO ISLAMABAD: The Federal Tax Ombudsman (FTO) on Friday strongly recommended the Federal Board of Revenue (FBR) to... Published 15 Apr, 2023 06:58am
Business & Finance Punjab meets 74pc of revenue target LAHORE: The Punjab Revenue Authority (PRA) has collected 74% of the assigned target of Rs190 billion by collecting... Published 14 Apr, 2023 05:59am
Business & Finance March SRB collection rises 28pc to 19bn YoY KARACHI: Sindh Revenue Board (SRB) has posted revenue collection of Rs. 19.034 billion in March 2023, as compared to... Updated 03 Apr, 2023 08:41am
Print Revenue from corporate sector drops 30pc due to massive closures LAHORE: Revenue generation from the corporate sector has dropped by 30 percent due to massive closures, particularly... Updated 12 Mar, 2023 09:59am
Print 1HFY23: Non-tax revenue collection of govt stands at Rs896.434bn ISLAMABAD: Non-tax revenue collection of federal government stood at Rs 896.434 billion during the first six months... Updated 04 Mar, 2023 09:08am
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
Print State revenue: FTO directs FBR to implement effective mechanism ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to implement an effective... Updated 18 Jan, 2023 08:44am
Print SRB collects record revenue of Rs17.6bn in December KARACHI: Sindh Revenue Board (SRB) has made a record revenue collection of Rs 17.6 billion in December 2022.... Updated 03 Jan, 2023 09:01am
Business & Finance Revenue collection: Dar directs FBR to achieve set targets ISLAMABAD: Finance Minister Ishaq Dar, Wednesday, directed the Federal Board of Revenue (FBR) to focus on the... Updated 22 Dec, 2022 09:47am
Business & Finance Dec 2022: FBR confident of achieving Rs965bn revenue target sans extra taxation steps ISLAMABAD: The Federal Board of Revenue (FBR) is confident of achieving the revenue collection target of Rs965... Updated 20 Dec, 2022 09:33am
Print Revenue collection: PM toughens FY23 target regardless of import contraction Prime Minister Shehbaz Sharif directs FBR to achieve revenue target of Rs7.6 trillion by June 30 Updated 20 Dec, 2022 09:40am
Business & Finance Jul-Oct KP E&T Dept collection rises 15pc to 1.18bn YoY PESHAWAR: Excise & Taxation Department, Khyber Pakhtunkhwa has surpassed the revenue collection target by 15%... Published 14 Nov, 2022 07:53am
Editorials Missed revenue target EDITORIAL: After exceeding projections for several months, it’s the same old story at the Federal Board of Revenue... Published 05 Nov, 2022 05:53am
Business & Finance Punjab govt records 33pc growth in sales tax on services during August LAHORE: The Punjab government has collected Rs13.45 billion on account of sales tax on services during August 2022 ... Published 03 Sep, 2022 04:25am
Print Contingency revenue steps agreed with IMF: Govt to impose 10.5pc GST on POL products in first phase Would take it to 17 percent if monthly revenue collection data showed signs of underperforming against the first quarter of fiscal year 2023 and subsequent targets Updated 26 Aug, 2022 09:47am
Business & Finance All revenue collection-related services remain fully functional, clarifies FBR ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that all revenue collection-related services including... Updated 17 Aug, 2022 09:33am
Print ‘Falling forex reserves, growing political instability detrimental to economy’ ISLAMABAD: Pakistan’s economy faces serious challenges due to fast decreasing foreign exchange reserves and... Updated 24 Jul, 2022 02:57pm
Business & Finance KPRA achieves revenue target for FY2021-22 PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has surpassed its revenue collection target for the... Published 04 Jul, 2022 06:17am
Business & Finance LTO Karachi shows remarkable achievement KARACHI: Large Taxpayers Office, Karachi has shown remarkable achievement by collecting revenue amounting to Rs ... Updated 01 Jul, 2022 09:27am
Print Revenue collection target may be raised to Rs7.42trn ISLAMABAD: The federal government is expected to increase the revenue collection target of the Federal Board of... Updated 22 Jun, 2022 10:08am
Business & Finance SRB posts 37pc growth in May KARACHI: Sindh Revenue Board (SRB) has recorded a robust 37pc revenue growth in May 2022 as against the revenue... Published 03 Jun, 2022 06:26am
Business & Finance PRA crosses Rs150bn mark in 11 months LAHORE: The Punjab Revenue Authority (PRA) has become the first provincial revenue collection agency in the history... Published 02 Jun, 2022 06:19am
Print Essential food items: Tax exemptions will continue: FBR ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmed said Wednesday that the policy measures to be taken in... Updated 12 May, 2022 09:43am