Tax Collection

Says revenue structures like capital gains and withholding taxes have encroached on provinces’ tax base

Cites govt’s tax measures, fiasco on property front, weak exports as reasons for the plunge

SHC seeks from board monthly compliance report on water supply

Payment made to banks to compensate for taking advance tax to inflate revenue

Politicians, private sector discuss economic reforms

Rs70 billion shortfall occurs due to advances taken in last fiscal year

With an increase of only 4.7%, the FBR collected Rs156b

Trend of submitting lower sales figures, exaggerating expenses, claiming bankruptcies on the rise

Tax net has not widened and those who have historically paid their tax dues have repeatedly been ordered to pay more

Taxes collected from the stock market do not match the strong performance of PSE, said experts

Says measures to increase collection have started paying dividends

Seminar held on ‘Smart Tax Administration and Development’

The field offices will observe extended working hours i.e. 09:00 am to 08:00 pm on Wednesday

Report shows no official above Grade-18 involved in misconduct

Country’s tax capacity estimated to be 22.3% of GDP, revenue gap of over 11%

The target for the second quarter has therefore been surpassed by around Rs35 billion

FBR collects Rs770b during October-December, additional measures now unlikely

Will suspend work on 400 development projects starting today

Overall, the department recovered Rs900 million from Faisalabad

FBR needs to collect Rs218 billion in remaining days of 2015, additional measures could be implemented

Govt chooses easier path to raise revenue, tough questions left unanswered

He said the government was confident that the country would achieve its Rs3.100 trillion revenue target this yea

Despite blocking refunds and taking advances, FBR collects Rs801b

FBR losing nine out of every 10 cases due to weak panel of lawyers

60% of the population lives on less than two dollars a day and Pakistan stands third in illiteracy