Trends - tax collection - Business Recorder

tax collection

Growth-focused budget: IMF acquiescence, not consent?

• Rs8.49trn FY22 outlay is based on 4.8pc growth target and increased spending on public sector development • ...

Published 12 Jun, 2021 06:04am

Business

E&T dept collects over Rs89.48bn revenue in 11 months

KARACHI: Sindh Excise and Taxation (E&T) department has collected over Rs 89.48 billion revenue during the last...

Published 11 Jun, 2021 03:41am

Govt hopeful about IMF relaxations

• Economic Survey 2020-21 released ISLAMABAD: Expressing the government’s resolve to consolidate and build on...

Published 11 Jun, 2021 03:41am

Business

Sindh E&T Dept collects Rs 89481.298m

KARACHI: Provincial Minister for Excise & Taxation and Narcotics Control Department & Parliamentary Affairs...

Published 10 Jun, 2021 03:22am

Businesspeople meet COAS ahead of FY22 budget presentation

ISLAMABAD: Chief of Army Staff General Qamar Javed Bajwa, on Wednesday, has conveyed to the business community that...

Updated 10 Jun, 2021 12:30pm

Pakistan

Govt must increase FED by 30pc on cigarettes: activists

ISLAMABAD: The government should increase the federal excise duty (FED) on cigarettes in the upcoming budget by 30...

Published 09 Jun, 2021 03:29am

Opinion

We seem to have no understanding of what ails our taxation system — II

• Reducing tax collection reliance at import stage INTRODUCTION In my article published in this newspaper on ...

Published 08 Jun, 2021 04:09am

Pakistan

‘Govt lacks robust strategy for expanding tax base’

ISLAMABAD: The government lacks a robust strategy for expanding the tax base, which could make the attainment of tax...

Published 08 Jun, 2021 04:09am

FY22, FY23: Economic team unveils gameplan

ISLAMABAD: The government on Thursday said the revenue collection would be increased by 20 percent every year to ...

Published 04 Jun, 2021 05:06am

Business & Finance

PM Khan lauds FBR as tax collection crosses Rs4tr during Jul-May

Amount is 18% higher than comparative period of the previous fiscal year

Updated 29 May, 2021 06:08pm

Smart lockdown policy helped achieve 3.94pc GDP growth: SAPM

LAHORE: Special Assistant to Prime Minister on Revenue Dr Waqar Masood has said that the smart lockdown policy of ...

Published 29 May, 2021 03:59am

Pakistan

Rs5.9trn fiscal target: Already taxed shouldn’t be issued notices: analyst

KARACHI: It is understandable that IMF has been asking for Rs5.96 trillion tax collection for the next fiscal year...

Published 28 May, 2021 04:08am

Business

Services sector: Share of taxes hovered at 3.4 to 5pc over the last few years: FBR report

ISLAMABAD: The share of sales tax collected from services sector was hovering around 3.4 percent to 5.0 percent...

Published 28 May, 2021 04:08am

IMF supportive of govt’s approach to food inflation?

ISLAMABAD: The government said on Thursday that the GDP growth target has been increased to five percent in the...

Published 28 May, 2021 04:08am

Pakistan

Economists suggest bringing discount rate, interest rate to 5pc

ISLAMABAD: Economists at a webinar have suggested to the government to bring down discount rate to five percent by...

Updated 19 May, 2021 10:13am

Jul-Mar period: Budget deficit widens to Rs1.652trn

ISLAMABAD: Pakistan’s budget deficit has widened to Rs1.652 trillion in the first three quarters of the current...

Updated 07 May, 2021 09:40am

Business & Finance

Policies leading to economic revival says PM, as FBR post impressive growth

The prime minister said that the rise in FBR revenue indicates that the government policies have led to broad-based economic revival.

Published 01 May, 2021 10:50am

41.39pc annual share: Karachi remains top contributor to tax collection

ISLAMABAD: Karachi remained the highest contributor to income tax collection having an annual share of 41.39 percent...

Updated 28 Apr, 2021 10:09am

Opinion

Correction or collection?

The Pakistan Tehrik-e-Insaf (PTI) government is trapped in the dilemma of ‘correction or collection’ especially...

Published 13 Apr, 2021 04:31am

Opinion

EAC members need to focus on the big picture

Finally, the prime minister has reconstituted the Economic Advisory Council (EAC). The body, however, mostly...

Published 06 Apr, 2021 04:23am

July-March (2020-21): FBR witnesses 10pc growth in collection

ISLAMABAD: The Federal Board of Revenue (FBR) has witnessed 10 percent growth in revenue collection during ...

Published 03 Apr, 2021 03:41am

Business

Punjab govt tax collection improves by 30pc in March

LAHORE: The Punjab government has shown impressive growth in tax collection as it has collected Rs 10.6 billion in...

Published 02 Apr, 2021 04:58am

Business & Finance

PM Khan lauds FBR after ‘historic’ double-digit growth

The prime minister was of the view that the growth is clear signs of the broad-based economic recovery that has resulted from government policies.

Published 01 Apr, 2021 11:39am

Business & Finance

Investors demand tax collection booth within KEPZ

KARACHI: Investors at Karachi Export Processing Zone (KEPZ) are facing difficulties in payment of taxes and duties...

Published 31 Mar, 2021 05:42am

Business & Finance

FBR's field offices to remain open till 7pm today

ISLAMABAD: Federal Board of Revenue (FBR) has issued instructions to all the LTOs/MTO/CTOs/RTOs to remain open and...

Published 31 Mar, 2021 05:42am

Pakistan

Centre failed to achieve revenue targets, says CM

KARACHI: Under the constitution, the provinces have assigned the task of tax collection to the federal government ...

Updated 19 Mar, 2021 09:34am

Pakistan

Tax collection in Sindh rises significantly

Chawla directed the officers to strive to achieve their tax targets before the end of the current financial year.

Published 04 Mar, 2021 06:05pm

PML-N criticises govt for country’s burgeoning debt

ISLAMABAD: The Pakistan Muslim League-Nawaz senior leader and former finance minister Miftah Ismail, on Tuesday,...

Updated 03 Mar, 2021 09:35am

Business & Finance

World Bank & CDPR Unlock Pakistan’s Income Tax Potential in a New Webinar Series

The Pakistan Development Policy series 2021 is a set of policy discussions organized by CDPR and the World Bank to discuss key reform areas critical to Pakistan’s economic, social and development growth.

Updated 02 Mar, 2021 01:08pm

Pakistan

Country's economy on fast-track, tax net increasing: Dr Waqar Masood

He mentioned that in the month of January almost 13% increase in tax collections was witnessed, adding that the fruits of improvement in the economy would reach the common man soon.

Published 17 Feb, 2021 07:21pm

Gainers
Losers
Leaders

Stock	Price
786 Investments / Jun 13 786 Investments Limited(786)	11.08 ▼ 0.00 (0.00%)
AL- Abbas / Jun 13 Al-Abbas Sugar Mills Limited(AABS)	364.50 ▼ 0.00 (0.00%)
Agro Allianz / Jun 13 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 13 Allied Bank Limited(ABL)	71.00 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 13 Abbott Laboratories (Pakistan) Limited(ABOT)	775.02 ▼ 0.00 (0.00%)
Abson Ind. / Jun 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Jun 13 Attock Cement Pakistan Limited(ACPL)	177.17 ▼ 0.00 (0.00%)
Adam Sugar / Jun 13 Adam Sugar Mills Limited(ADAMS)	25.70 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Jun 13 786 Investments Limited(786)	11.08 ▼ 0.00 (0.00%)
AL- Abbas / Jun 13 Al-Abbas Sugar Mills Limited(AABS)	364.50 ▼ 0.00 (0.00%)
Agro Allianz / Jun 13 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 13 Allied Bank Limited(ABL)	71.00 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 13 Abbott Laboratories (Pakistan) Limited(ABOT)	775.02 ▼ 0.00 (0.00%)
Abson Ind. / Jun 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Jun 13 Attock Cement Pakistan Limited(ACPL)	177.17 ▼ 0.00 (0.00%)
Adam Sugar / Jun 13 Adam Sugar Mills Limited(ADAMS)	25.70 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 11	155.85
USD PKR Interbank Buying / Jun 11	155.75
USD to Japanese Yen / Jun 11	109.66
USD to Swiss Franc / Jun 11	0.90
Pound Sterling to USD / Jun 11	1.41
Euro to USD / Jun 11	1.21
UK LIBOR % / Jun 11	0.06

Stock	Volume
S&P 500 / Jun 11	4247.44
India Sensex / Jun 11	52474.76
Tokyo Nikkei / Jun 11	28948.73
Nasdaq / Jun 11	14069.43
Hang Seng / Jun 11	28842.13
FTSE 100 / Jun 11	7134.06
Dow Jones / Jun 11	34479.60
Germany DAX 30 / Jun 11	15693.27
France CAC40 / Jun 11	6600.66

Item	Value
Crude Oil / Jun 11	70.91
Karachi Cotton Assoc. / Jun 11	12300.00
Gold 10 Grams / Jun 11	89163.00
Gold Spot / Jun 11	1879.60
Cotton / Jun 11	87.92

tax collection

Growth-focused budget: IMF acquiescence, not consent?

E&T dept collects over Rs89.48bn revenue in 11 months

Govt hopeful about IMF relaxations

Sindh E&T Dept collects Rs 89481.298m

Businesspeople meet COAS ahead of FY22 budget presentation

Govt must increase FED by 30pc on cigarettes: activists

We seem to have no understanding of what ails our taxation system — II

‘Govt lacks robust strategy for expanding tax base’

FY22, FY23: Economic team unveils gameplan

PM Khan lauds FBR as tax collection crosses Rs4tr during Jul-May

Smart lockdown policy helped achieve 3.94pc GDP growth: SAPM

Rs5.9trn fiscal target: Already taxed shouldn’t be issued notices: analyst

Services sector: Share of taxes hovered at 3.4 to 5pc over the last few years: FBR report

IMF supportive of govt’s approach to food inflation?

Economists suggest bringing discount rate, interest rate to 5pc

Jul-Mar period: Budget deficit widens to Rs1.652trn

Policies leading to economic revival says PM, as FBR post impressive growth

41.39pc annual share: Karachi remains top contributor to tax collection

Correction or collection?

EAC members need to focus on the big picture

July-March (2020-21): FBR witnesses 10pc growth in collection

Punjab govt tax collection improves by 30pc in March

PM Khan lauds FBR after ‘historic’ double-digit growth

Investors demand tax collection booth within KEPZ

FBR's field offices to remain open till 7pm today

Centre failed to achieve revenue targets, says CM

Tax collection in Sindh rises significantly

PML-N criticises govt for country’s burgeoning debt

World Bank & CDPR Unlock Pakistan’s Income Tax Potential in a New Webinar Series

Country's economy on fast-track, tax net increasing: Dr Waqar Masood

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