{"id":84305,"date":"2022-03-04T11:42:04","date_gmt":"2022-03-04T06:42:04","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=84305"},"modified":"2022-03-04T11:42:08","modified_gmt":"2022-03-04T06:42:08","slug":"fbr-tax-target-8mfy-22","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html","title":{"rendered":"FBR surpass tax collection target in 8MFY-22"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR) on Tuesday (March 1) announced that it has surpassed the set collection target for the first eight months of the fiscal year (FY) 2021-22 by PKR 268 billion, news sources reported. The authority has collected total revenue of PKR 3.79 billion against the set target of PKR 3.53 billion. <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-powers-against-avoiding-pos.html\" data-type=\"post\" data-id=\"82475\">FBR requests powers against businesses avoiding POS integration<\/a><\/p>\n\n\n\n<p>As a result, according to sources, the government has raised the tax collection target for the current fiscal year from PKR 5.829 trillion to PKR 6.1 trillion. Following the collection of tax revenue, the government has indicated that benefits would be transferred to the people through subsidies and relief on essentials.\u00a0<\/p>\n\n\n\n<p>The board collected PKR 2 billion more in tax in February than it did in January and 29% more when compared with the revenues collected in February last year. According to the statistics presented, the FBR received revenue from the following sources:\u00a0<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-tax-collection-historic-high.html\" data-type=\"post\" data-id=\"76405\">FBR tax collection at historic high, crosses PKR 4 trillion<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The gross collections, including refunds and rebates payments, increased 23.45% from PKR 3.07 trillion to PKR 3.79 trillion in 8MFY22<\/li><li>Revenue collection through customs increased 37 % from PKR 454 billion to 622 billion during 8MFY22<\/li><li>The target of revenue collection from customs was PKR 567 billion<br><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-tax-asan-portal-next-week.html\" data-type=\"post\" data-id=\"83820\">FBR to launch \u2018Tax Asan Portal\u2019 next week<\/a><\/li><li>Income tax collection during 8MFY22 increased 1.53% from PKR 1.30 trillion to PKR 1.32 trillion<\/li><li>Sales tax revenue collection increased 35% from PKR 1.23 trillion to PKR 1.66 trillion<\/li><li>The Federal Excise Duty (FED) missed the target for July to February FY22 by PKR 8 billion and collected PKR 197 billion against PKR 173 billion last year.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) on Tuesday (March 1) announced that it has surpassed the set collection target for the first eight months of the fiscal year (FY) 2021-22 by PKR 268 billion, news sources reported. The authority has collected total revenue of PKR 3.79 billion against the set target of PKR 3.53 billion. Read: FBR requests powers against businesses avoiding POS integration As a result, according to sources, the government has raised the tax collection target for the current fiscal year from PKR 5.829 trillion to PKR 6.1 trillion. Following the collection of tax revenue, the government has indicated that benefits would be transferred to the people through subsidies and relief on essentials.\u00a0 The board collected PKR 2 billion more in tax in February than it did in January and 29% more when compared with the revenues collected in February last year. According to the statistics presented, the FBR received revenue from the following sources:\u00a0 Read: FBR tax collection at historic high, crosses PKR 4 trillion The gross collections, including refunds and rebates payments, increased 23.45% from PKR 3.07 trillion to PKR 3.79 trillion in 8MFY22 Revenue collection through customs increased 37 % from PKR 454 billion&hellip;<\/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":[51398,51399,51400],"persona":[],"class_list":{"0":"post-84305","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-fbr-surpass-tax-collection-target-in-8mfy-22","9":"tag-fbr-tax-collection-target-reach-6-trillion","10":"tag-income-tax-fbr","11":"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 surpass tax collection target in 8MFY-22 - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federal Board of Revenue (FBR) on Tuesday (March 1) announced that it has surpassed the set collection target for the first eight months of\" \/>\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-target-8mfy-22.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR surpass tax collection target in 8MFY-22 - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Federal Board of Revenue (FBR) on Tuesday (March 1) announced that it has surpassed the set collection target for the first eight months of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-04T06:42:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T06:42:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nauman Ahmad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nauman Ahmad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FBR surpass tax collection target in 8MFY-22 - Zameen News","description":"Islamabad: The Federal Board of Revenue (FBR) on Tuesday (March 1) announced that it has surpassed the set collection target for the first eight months of","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html","og_locale":"en_US","og_type":"article","og_title":"FBR surpass tax collection target in 8MFY-22 - Zameen News","og_description":"Islamabad: The Federal Board of Revenue (FBR) on Tuesday (March 1) announced that it has surpassed the set collection target for the first eight months of","og_url":"https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2022-03-04T06:42:04+00:00","article_modified_time":"2022-03-04T06:42:08+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","type":"image\/jpeg"}],"author":"Nauman Ahmad","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Nauman Ahmad","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html"},"author":{"name":"Nauman Ahmad","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/7c97aa4f0e951051355a81418f98ed1a"},"headline":"FBR surpass tax collection target in 8MFY-22","datePublished":"2022-03-04T06:42:04+00:00","dateModified":"2022-03-04T06:42:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html"},"wordCount":263,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","keywords":["FBR surpass tax collection target in 8MFY-22","FBR tax collection target reach 6 trillion","Income tax fbR"],"articleSection":["Legal &amp; Taxation"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html","url":"https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html","name":"FBR surpass tax collection target in 8MFY-22 - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","datePublished":"2022-03-04T06:42:04+00:00","dateModified":"2022-03-04T06:42:08+00:00","description":"Islamabad: The Federal Board of Revenue (FBR) on Tuesday (March 1) announced that it has surpassed the set collection target for the first eight months of","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/fbr-tax-target-8mfy-22.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"FBR surpass tax collection target in 8MFY-22"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/7c97aa4f0e951051355a81418f98ed1a","name":"Nauman Ahmad","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/Picture1-96x96.png","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/Picture1-96x96.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/Picture1-96x96.png","caption":"Nauman Ahmad"},"description":"Nauman Ahmad is an imaginative Pisces whose love for literature and nature is unparalleled. When he's not reading or hiking, he's sleeping and eating, which gives him plenty of energy for his next adventure.","sameAs":["https:\/\/www.zameen.com"],"url":"https:\/\/www.zameen.com\/news\/author\/nauman_ahmad"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/84305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=84305"}],"version-history":[{"count":2,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/84305\/revisions"}],"predecessor-version":[{"id":84307,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/84305\/revisions\/84307"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/75334"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=84305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=84305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=84305"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=84305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}