Tax Collection

Target for previous financial year was set at Rs235 billion, but province managed to collect Rs237 billion

K-P adviser claims the revenues dropped instead

FBR collects Rs4.44tr, disconnects services for non-filers to expand tax base

Proposal aimed at doubling tax collection from business individuals, salaried persons

Officers instructed to collect property tax, meet targets by December 31

Tax collection target for next fiscal may be set at Rs11tr on IMF's demand

The FBR maintained that the tax collection target in Sept was Rs799 billion, but it collected Rs834 billion

FBR receives Rs2.023tr in Jul-Sept, up by Rs46b than IMF’s target

Stocks plunge 2,053 points after PM’s announcement

Commissioner orders action against farm levy defaulters

Rs300b to be collected through petroleum levy

Supreme Court sets aside LHC verdict that had declared Section 7 of Punjab Finance Act as ultra vires Constitution

AGP apprises CJ Minallah 90,426 revenue cases pending at different forums

CM says action by FBR an attempt to cripple the provincial govt financially

SC holds main purpose of amnesty scheme is to incentivise collection of stuck-up revenue

Says govt is 'succumbing' to IMF's 'impractical conditions' to the detriment of people

Global lender asks Pakistan to withdraw some sales tax exemptions

Premier says achievement represents 38 per cent growth in revenue inflow from same time last year

Governor assures of all assistance to ailing Umer Sharif

Censures PTI govt for inflation, unemployment; discusses Sindh budget at public meeting

This is a reflection of the government's policies for sustained economic growth and revival, the PM says.

Says accused ‘abused’ their powers to achieve tax targets

Member IR says trying best to ensure speedy payment of refund claims

Decision to withdraw property and tariff tax discounts offered during last year’s economic shutdown

More tax on sugary beverages suggested

In addition to Rs1.25 billion property tax collected during the said period says minister

Multiple activities were conducted to students understand the tax structure and importance of paying taxes

At least 425,000 taxpayers have sought extension in filing the returns

Tax expert Haq says honesty can’t cut it when it comes to collecting taxes

Says amount may further increase by up to Rs8b after payments from banks

Residents can pay their tax through online E-pay service

Some markets earning in trillions only added a few hundred thousand rupees to the national kitty

Excise department has also formulated a plan to achieve tax targets

Federal Board of Revenue offers simple one-page income tax return form after failure of amnesty scheme

Tax details break myth that manufacturing sector contributes more than its size

Even the location data shows worrying trends

On average, a salaried individual paid Rs114,000 while a businessman paid Rs131,000 in taxes in FY18

Collection drops 2% during the month, highlights challenge to revenue board

Performance report shows taxpayer base widens 40% in two years of PTI govt

Finance Ministry sees dip in monthly remittances as FBR exaggerates tax collection

Chairman tells parliamentary panel details of Pakistanis who made large transactions to China being acquired

In this connection, both departments held meetings to review the presentations from the technology firms

Tells NA committee about Rs220b worth of administrative measures taken in budget

Decline comes due to partial suspension of economic activities due to Covid-19

OICCI stresses need for consolidating all taxes and levies

Insist such decision will provide relief to taxpayers, simplify tax laws

Lockdown impacts tax collection; govt also reshuffles top hierarchy of revenue body

Advisory firm says receipts will be around Rs4tr due to closure of trade, industry

FBR accepts demand of halving withholding tax rates; cuts minimum income tax rate for traders

Dr Hafiz Pasha says Pakistan needs radical tax reforms through tough decisions in upcoming budget