Around 71 percent of customs duty collection has been contributed by 10 major sectors including petroleum products, vehicles, iron and… Read More
Sales Tax Was The Top Revenue Source of Overall Tax Collection in FY22
The sales tax remained the top revenue generator with 41.2 percent share in total tax collection in 2021-22, followed by… Read More
FED Collection From Cigarettes & Food Concentrates Jumped Due to Inflation Only
A major jump in the Federal Excise Duty (FED) collection during 2021-22 from cigarettes and concentrates used in beverages/food is… Read More
FBR Needs to Collect Rs. 7.4 Trillion in Taxes Amid Import Contraction & Rising Inflation
The Federal Board of Revenue (FBR) requires growth of 21.5 percent in revenue collection to meet the target of Rs… Read More
MoU to be Signed for Installation of FBR’s Track and Trace System for AJK’s Cigarette Manufacturers
The Federal Board of Revenue (FBR) and the Azad Jammu and Kashmir (AJK) government have decided to sign a memorandum of understanding… Read More
Foreign Office Responds to US Drone Attack Allegations by Afghanistan
Pakistan’s Foreign Office has asserted that the recent statements made by Afghanistan’s Deputy Foreign Minister, Sher Mohammad Abbas Stanikzai, can… Read More
China Announces Over $90 Million for Pakistan’s Flood Victims
China has promised to provide Pakistan with over $90 million (644 million RMB) in flood relief aid after disastrous floods… Read More
SBP Governor Attributes Improved Market Sentiments to Dar’s Return
Governor State Bank of Pakistan (SBP), Jameel Ahmad, called on Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar,… Read More
Pakistan Railways to Resume Countrywide Operations Tomorrow
Pakistan Railways (PR) has decided to resume its train services in phases starting on 2 October, Sunday, as they remained… Read More
PIA Forced to Withdraw “Mandatory Undergarments” Advisory for Cabin Crew
Pakistan International Airlines (PIA) has released a clarification after it directed its male and female cabin crew to ensure wearing… Read More
ECC Defers Procurement of New Tablets for the Cabinet
The Economic Coordination Committee (ECC) of the Cabinet has deferred the summary of the ministry of Information Technology with regard… Read More
FBR Extends Date for Filing Tax Returns Till October 31
The Federal Board of Revenue (FBR) has extended the date for filing Income Tax returns for the tax year 2022… Read More
