{"id":81924,"date":"2021-12-02T11:32:27","date_gmt":"2021-12-02T06:32:27","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=81924"},"modified":"2021-12-02T11:32:32","modified_gmt":"2021-12-02T06:32:32","slug":"fbr-tax-revenue-first-5-months-fy-22","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-tax-revenue-first-5-months-fy-22.html","title":{"rendered":"FBR exceeds tax revenue targets in first 5 months of FY-22"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR) on Tuesday (November 30) reported a collection of PKR 2.313 trillion during the first five months of the current fiscal year (FY-22), news sources reported.\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-registration-22-million-taxpayer.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR to initiate countrywide registration of 22 million taxpayer<\/a><\/p>\n\n\n\n<p>The collected tax revenue exceeds the target amount of PKR 2.016 trillion by PKR 297 billion.\u00a0 According to the released figures, the revenue received is also 36.6 % higher than the same period last year. Similarly, the apex tax apparatus collected PKR 470 billion in November alone, which is 62 billion more than the set target of PKR 408 billion and 35% more than the same month last year.\u00a0Advisor on Finance and Revenue Shaukat Tarin stated in a press release that the government amended the tax objectives upwards to PKR 6.1 trillion from PKR 5.829 trillion following November\u2019s <a href=\"https:\/\/www.zameen.com\/news\/govt-imf-staff-level-agreement-extended-fund-facility.html\" data-type=\"post\" data-id=\"81629\" target=\"_blank\" rel=\"noreferrer noopener\">staff-level meeting<\/a> with the <a href=\"https:\/\/www.zameen.com\/news\/pakistan-receive-usd-2-8-bn-imf-under-sdrs.html\" data-type=\"post\" data-id=\"78491\" target=\"_blank\" rel=\"noreferrer noopener\">International Monetary Fund (IMF)<\/a>.\u00a0<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-reports-57-increase-in-number-of-tax-filers-in-ty-20.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR reports 57% increase in number of tax filers in TY-20<\/a><\/p>\n\n\n\n<p>Furthermore, the data shows a greater income tax collection of PKR 761 billion versus the set objective of PKR 705 billion, as well as a higher customs collection of PKR 383 billion versus the set target of PKR 325 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) on Tuesday (November 30) reported a collection of PKR 2.313 trillion during the first five months of the current fiscal year (FY-22), news sources reported.\u00a0 Read: FBR to initiate countrywide registration of 22 million taxpayer The collected tax revenue exceeds the target amount of PKR 2.016 trillion by PKR 297 billion.\u00a0 According to the released figures, the revenue received is also 36.6 % higher than the same period last year. Similarly, the apex tax apparatus collected PKR 470 billion in November alone, which is 62 billion more than the set target of PKR 408 billion and 35% more than the same month last year.\u00a0Advisor on Finance and Revenue Shaukat Tarin stated in a press release that the government amended the tax objectives upwards to PKR 6.1 trillion from PKR 5.829 trillion following November\u2019s staff-level meeting with the International Monetary Fund (IMF).\u00a0 Read: FBR reports 57% increase in number of tax filers in TY-20 Furthermore, the data shows a greater income tax collection of PKR 761 billion versus the set objective of PKR 705 billion, as well as a higher customs collection of PKR 383 billion versus the set target of PKR 325 billion.<\/p>\n","protected":false},"author":84,"featured_media":75334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[49838,19230],"persona":[],"class_list":{"0":"post-81924","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-fbr-exceeds-tax-revenue-targets-in-first-5-months-of-fy-22","9":"tag-federal-board-of-revenue-fbr","10":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR exceeds tax revenue targets in first 5 months of FY-22- Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federal Board of Revenue (FBR) on Tuesday (November 30) reported a collection of PKR 2.313 trillion during the first five months of the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-tax-revenue-first-5-months-fy-22.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR exceeds tax revenue targets in first 5 months of FY-22- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Federal Board of Revenue (FBR) on Tuesday (November 30) reported a collection of PKR 2.313 trillion during the first five months of the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-tax-revenue-first-5-months-fy-22.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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