Tag: Tax collection

Excise dept collects over Rs 9bln tax

ISLAMABAD, Jan 4 (APP):The Excise and Taxation Department of Islamabad has collected over Rs 9 billion (bln) tax during the year 2022-23 from July 1, 2022 to December 31, 2022. The department had collected over Rs5 billion in excise fees and over Rs4 billion in taxes for the FBR, director excise Bilal Azam told APP… Continue reading Excise dept collects over Rs 9bln tax

Tarin congratulates FBR for surpassing revenue collection target

ISLAMABAD, Mar 2 (APP): Federal Minister for Finance and Revenue, Shaukat Tarin here on Wednesday congratuled the Federal Board of Revenue (FBR) for surpassing the revenue collection target of Rs441 billion set for the month of February 2022. In a tweet, the federal minister said this showed the robust growth of 28.5 percent, and up… Continue reading Tarin congratulates FBR for surpassing revenue collection target

Tax collection in November increased 35 per cent: Farrukh

ISLAMABAD, Dec 01 (APP):Minister of State for Information and Broadcasting Farrukh Habib said on Wednesday that tax collection in November 2021 stood at Rs. 470 billion and witnessed an increase of 35 per cent as compared to the previous year. In his tweet, he said this meant that despite coronavirus economic activity in Pakistan was… Continue reading Tax collection in November increased 35 per cent: Farrukh

PM congratulates FBR over Rs1,840b tax collection from July-Oct

ISLAMABAD, Oct 30 (APP): Prime Minister Imran Khan Saturday congratulated the Federal Board of Revenue for achieving the tax collection of Rs 1,840 billion from July to October this year. On Twitter, the prime minister said that the tax collection during the said period was 37% higher than the last year. “I want to congratulate… Continue reading PM congratulates FBR over Rs1,840b tax collection from July-Oct

PM’s economic policies, reforms in FBR bearing fruits: Farrukh

ISLAMABAD, Aug 2 (APP): Minister of State for Information and Broadcasting Farrukh Habib on Monday said the business community was reaping fruits of reforms carried out in Federal Board of Revenue (FBR) by the present government. In a series of tweets, he said Prime Minister Imran Khan had introduced reforms in the FBR and kept… Continue reading PM’s economic policies, reforms in FBR bearing fruits: Farrukh

PM commends FBR for crossing Rs4,000 bn tax collection 

ISLAMABAD, May 29 (APP): Prime Minister Imran Khan Saturday appreciated Federal Board of Revenue (FBR) for its efforts in achieving a historic milestone of tax collection crossing Rs 4,000 billion in one year.   The prime minister, on his twitter handle, said that achievement of such milestone reflected the broad-based economic policies of his government.  I commend efforts… Continue reading PM commends FBR for crossing Rs4,000 bn tax collection 

Fiscal deficit contained at 3.5 pc in 8 months

ISLAMABAD, Apr 28 (APP): Owing to the government’s efforts, the fiscal deficit during the first eight months (July-February) of the current fiscal year has been contained at 3.5 percent of the Gross Domestic Product (GDP).“Despite higher mark-up payments and COVID-related expenditures, the fiscal sector continues to perform better as a result of the government’s efforts… Continue reading Fiscal deficit contained at 3.5 pc in 8 months

FBR surpasses revenue collection target of July by Rs57 bln

ISLAMABAD, Jul 31 (APP):The Federal Board of Revenue (FBR) has collected revenues of Rs.300 billion during the month of July against the set target of Rs243 billion, surpassing the target by Rs57 billion. The collections during first month of the current fiscal year are 125 percent of the assigned target, according to data released by… Continue reading FBR surpasses revenue collection target of July by Rs57 bln

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