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Tag: tax collection

The Council of Islamic Ideology (CII) on Wednesday declared the withholding tax imposed on bank transactions un-Islamic
Pakistan
  • Web Desk
  • Sep 24, 2025
Withholding tax on bank transactions is un-Islamic, says CII

In its ruling, the CII said the collection of withholding tax on the money that customers withdraw from banks was unfair.

Pakistan’s future journey
Opinion
  • Farhan Bokhari
  • Jul 31, 2025
Foreign online companies receive rare break in Pakistan

The case of the tariff on digital sales in last month’s annual budget, triggered criticism from members of Pakistan’s emerging information technology sector.

FBR moves against officials for regularising smuggled vehicles
Pakistan
  • Abobakar Khan
  • Jan 13, 2025
FBR’s extravaganza: tax body all set to buy 1,010 new vehicles for Rs6 billion

The full delivery of the 1,010 vehicles is expected to take place between January and May 2025. The FBR wants 75 vehicles to be delivered in January, 200 in February, and 225 in March.

The US government withdrew the reward announcement for assistance in capturing al-Julani, the emir (head) of Hayat Tahrir al-Sham (HTS).
World
  • Web Desk
  • Dec 21, 2024
US removes reward for capture of Hayat Tahrir al-Sham leader, al-Julani

Previously, the FBI had set a $10 million bounty on al-Julani’s head.

The Sindh government disclosed a 22 per cent rise in revenue generation compared to the same month last year.
Business
  • Web Desk
  • Nov 10, 2024
Sindh gov’t reports 22 per cent increase in tax revenue

In October, the province amassed a total of Rs83.86 billion

FBR revenue shortfall
Business
  • Web Desk
  • Nov 04, 2024
FBR adjusts targets amid Rs196 billion shortfall in first four months of FY25

FBR has introduced a range of strategies to address an expected revenue shortfall of over Rs230 billion for the second quarter.

FBR Tajir Dost Scheme
Business
  • Web Desk
  • Nov 01, 2024
FBR introduces real-time tax data system for better assessments

FBR has introduced a new system that gives tax officers real-time access to income and sales tax data of registered taxpayers.

FBR tax collection
Business
  • Web Desk
  • Nov 01, 2024
FBR faces over Rs190 billion shortfall in four-month tax revenue

The Federal Board of Revenue (FBR) has missed its tax collection targets for both the first four months of the current fiscal year 2024-25.

The FBR is set to launch a major initiative targeting tax non-compliance, including barring the non-filers leaving the country.
Business
  • Web Desk
  • Sep 24, 2024
FBR to bar non-filers from traveling outside the country

The revenue board stated that it maintains a “thorough record” citizens transactions, which will assist in identifying tax evasion and ensuring compliance.

FBR revenue target shortfall
Business
  • Web Desk
  • Sep 03, 2024
FBR may increase WHT rates if September collection falls short

The Federal Board of Revenue (FBR) is considering a one per cent increase in withholding tax (WHT) rates starting from October, if it fails to meet its revenue targets for the ongoing month of September.

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