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FBR collects Rs3.4tr tax in six months

ISLAMABAD: The Federal Board of Revenue faces a revenue shortfall of Rs225 billion for the outgoing month of December 2022; the tax collection machinery collected only Rs740 billion against the. ....

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Dar directs FBR to take steps for achieving tax collection target

Tax collection machinery collected only Rs740bn against desired target of Rs965bn for December 2022 ....

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Fresh tax amnesty scheme for non-duty-paid vehicles proposed

ISLAMABAD: The government is considering a proposal to unveil a fresh Tax Amnesty Scheme for the regularisation of non-duty-paid vehicles belonging to formerly merged districts known as the. ....

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Govt may slap flood levy on non-essential imported items

ISLAMABAD: The government is contemplating different options for slapping one or two per cent Flood Levy on non-essential imported items to fetch Rs 35-70 billion tax revenues, it is learnt.In a bid. ....

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Pakistan seeks increase in budget deficit from IMF

Pakistan is also considering imposing the flood Levy on those higher income brackets who are earning lofty profits in recent years and also said adjuster will be used to hike the budget deficit target envisaged at 4.9 per cent of GDP on eve of the budget for 2022-23. ....

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