ISLAMABAD: The tax collection through audit has fallen by 24 percent during the last fiscal year to Rs87.88 billion from previous collection of Rs115.5 billion.
According to annual report released by Federal Board of Revenue (FBR), the collection of arrears decreased by 35 percent to Rs15.25 billion in 2015-016 as compared with Rs23.61 billion in preceding fiscal year. Similarly, the collection under current demand fell by 21 percent to Rs72.63 billion from Rs91.88 billion.
KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...
ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal for virtual asset service providers. The move completes...
PESHAWAR: The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Promotion of Digital Payment Act 2026, aiming to promote digital...
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a meeting with a high-level delegation of the Silk...
