With revenue of Rs872bn, FBR has achieved growth rate of 29pc on monthly basis
Islamabad: The Federal Board of Revenue (FBR) is facing a huge revenue deficit of Rs468 billion during the first 7 months (July-January) of the current fiscal year as the tax machinery could collect only Rs6,496 billion against the set target of Rs6,964 billion.
The revenue deficit of the Federal Bureau of Revenue (FBR) is increasing with each passing month as the provisional collection figures for January 2025 show that the FBR has collected only Rs872 billion in January 2025 against the desired target of Rs956 billion.
With a revenue collection of Rs872 billion, the FBR has achieved a growth rate of 29 percent on a monthly basis.
The revenue deficit during the first six months (July-December) of the fiscal year was Rs384 billion which increased with an additional increase of Rs84 billion in January 2025. Thus, the overall deficit in the first seven months has increased to Rs468 billion.
How the iPhone Duo compares to other folding phones
- 7 گھنٹے قبل
Pakistan reaffirms support for sincere efforts aimed at de-escalation, dialogue in Yemen
- 18 گھنٹے قبل
AI-assisted documentary tests cinema's boundaries at Venice Film Festival
- 18 گھنٹے قبل
Seattle Times and Newsday sue OpenAI and Microsoft for infringement
- ایک دن قبل
Australia Mosque in Lahore marks 100 years of Australia–Pakistan connections
- 17 گھنٹے قبل
Quaid-e-Azam Muhammad Ali Jinnah’s death anniversary observed
- 14 گھنٹے قبل
SteelSeries’ pro-grade, wireless Xbox controller sure is expensive
- ایک دن قبل
The Supreme Court just handed Republicans a surprisingly decisive midterm loss
- 5 گھنٹے قبل
Is it harder to have kids today? Or is it harder to want to?
- 20 گھنٹے قبل
As Saudi tensions with Houthis escalate, mediator Pakistan faces pressure to choose a side
- 19 گھنٹے قبل
The one problem Trump can’t afford
- 5 گھنٹے قبل
New York marks 25th anniversary of 9/11 attacks
- 17 گھنٹے قبل
