Slow growth in FBR revenues
The figures on tax revenues collected by FBR in the first five months of 2020-21 have been released. The overall growth achieved during this period is only 4 percent. In…
The figures on tax revenues collected by FBR in the first five months of 2020-21 have been released. The overall growth achieved during this period is only 4 percent. In…
The good news is that FBR has achieved extraordinary growth in tax revenues of 41 percent in the first two months of the current financial year. Income tax revenues are…
Tax revenues collected by FBR showed a growth rate of 14% in 2017-18 to reach the level of Rs 3842 billion. This represents a shortfall of Rs 171 billion in…
FBR revenues showed exceptional growth in 2015-16 of 20 percent. The annual target was more than fully achieved for the first time during the tenure of the present government. It…
The outcome in terms of the level and growth of revenues collected by FBR up to October has been made public recently. Apparently, during the first four months of the…
The revised budget for 2018-19 presented by the new government has brought down somewhat the FBR revenue target for the year from Rs 4435 billion to Rs 4398 billion. This…
FBR put in a stellar performance in 2015-16. The target for the year was more than achieved. The growth rate was over 20%, the highest since 2011-12. In one year,…
The first two months of 2024-25 have already revealed serious problems with the overall and individual revenue targets for FBR taxes. Identification of the problems starts with the wrong estimates…
Pakistan has one of the world’s lowest tax ratios, stemming from five main weaknesses: complexity, a narrow tax base, low compliance, inefficient tax administration, and low and declining provincial tax…
The Federal Board of Revenue (FBR) has released recently the Revenue Division Year Book for 2022-23. This is a very useful publication and highlights the trends in the level and…