Tax revenue target for 2025-26
The process of preparation of the federal and provincial budgets is underway now and the respective budgets will be announced in the earlier part of June 2025. One of the…
China’s key plenum aims to fix decades-old tax revenue imbalance
Long-touted changes to China’s tax system will focus on allowing local governments to retain more fiscal revenues, say policy advisers, widely seen by markets as an important step towards removing…
Growth in federal tax revenues
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…
Growth in federal tax revenues
Federal tax revenues consist primarily of FBR revenues. In addition, they include other taxes like the gas infrastructure development cess, natural gas development surcharge and the petroleum levy. The share…
Growth in tax revenues
Tax revenues have shown buoyancy in the first half of 2017-18. The overall growth rate in these revenues of the federal and provincial governments combined is 16 percent. During the…
Non-tax revenue
The budget for 2013-14 envisaged 800 million dollars from the auction of 3G licence and another 800 million dollars pending payment from Etisalat for the privatisation of PTCL. Finance Minister…
Federal tax revenues – receipt side
There is a need for a national anti-smuggling drive with political consensus for people to discourage and disassociate from purchase, sale and trade in smuggled goods. The ultimate solution for…
The whys of low tax revenue
The tax authorities are Rs47 billion short of the revenue target for the financial year 2011-12. The revenue collection reported in the media is Rs1,905 billion, which includes Rs25 billion…
Taxation beyond revenue
The Federal Board of Revenue earlier announced having successfully exceeded its revenue collection target for the month of November -- and hence having collected surplus revenue in the first five…
Revenue, health benefits of raising tobacco taxes
Raising tax revenues during the third wave of Covid-19 is a daunting task for the policymakers in Pakistan. There are hardly any policy options available for the federal government to…
