{"id":86958,"date":"2022-06-29T11:20:56","date_gmt":"2022-06-29T06:20:56","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=86958"},"modified":"2022-06-29T16:31:08","modified_gmt":"2022-06-29T11:31:08","slug":"fbr-high-6000-tax-fy-2021-22","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-high-6000-tax-fy-2021-22.html","title":{"rendered":"FBR collects historic high PKR 6,000 bn tax in FY 2021-22"},"content":{"rendered":"\n<p>Islamabad:&nbsp; The Federal Board of Revenue (FBR) on Tuesday (June 28) announced the collection of PKR 6,000 billion in taxes during the outgoing fiscal year of 2021-22 (FY22), news sources reported. The tax collection is the highest in the country\u2019s history.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/simplified-fbr-tax-form-retailers-introduced.html\" data-type=\"post\" data-id=\"70271\" target=\"_blank\" rel=\"noreferrer noopener\">Simplified FBR tax form for retailers introduced<\/a><\/p>\n\n\n\n<p>As per the FBR, it has surpassed its fiscal year target of PKR 5,829 billion with two days remaining before the June 30 deadline for tax collection. According to the tax breakdown, the administration collected PKR 2,205 billion in income tax, PKR 2,773 billion in sales tax, and PKR 1,007 billion in customs duties in the current fiscal year.&nbsp;During the same time period, the tax-collecting agency issued a refund of PKR 305 billion.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/miftah-realtors-tax-relief-fbr.html\" data-type=\"post\" data-id=\"86823\" target=\"_blank\" rel=\"noreferrer noopener\">Miftah assures realtors of tax relief, special provisions under FBR<\/a><\/p>\n\n\n\n<p>It is worth mentioning here that the government has set PKR 72,500 billion tax-collection targets for the fiscal year 2022-23. (FY23). Taxes will be 19% higher than the revised tax objectives of PKR 61,000 billion established for the current fiscal year.&nbsp;<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-open-late-facilitate-taxpayers.html\" data-type=\"post\" data-id=\"86918\" target=\"_blank\" rel=\"noreferrer noopener\">FBR to remain open late to facilitate taxpayers<\/a><\/p>\n\n\n\n<p>Similarly, the FBR announced the extension of working hours for tax collection at all FBR regional branches until 10 p.m. till June 30.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad:&nbsp; The Federal Board of Revenue (FBR) on Tuesday (June 28) announced the collection of PKR 6,000 billion in taxes during the outgoing fiscal year of 2021-22 (FY22), news sources reported. The tax collection is the highest in the country\u2019s history. Read: Simplified FBR tax form for retailers introduced As per the FBR, it has surpassed its fiscal year target of PKR 5,829 billion with two days remaining before the June 30 deadline for tax collection. According to the tax breakdown, the administration collected PKR 2,205 billion in income tax, PKR 2,773 billion in sales tax, and PKR 1,007 billion in customs duties in the current fiscal year.&nbsp;During the same time period, the tax-collecting agency issued a refund of PKR 305 billion. Read: Miftah assures realtors of tax relief, special provisions under FBR It is worth mentioning here that the government has set PKR 72,500 billion tax-collection targets for the fiscal year 2022-23. (FY23). Taxes will be 19% higher than the revised tax objectives of PKR 61,000 billion established for the current fiscal year.&nbsp; Read: FBR to remain open late to facilitate taxpayers Similarly, the FBR announced the extension of working hours for tax collection at all FBR regional branches&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":[52907,52909,52910],"persona":[],"class_list":{"0":"post-86958","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-fbr-collects-historic-high-pkr-6","9":"tag-fbr-taxes-fy22-23","10":"tag-fy22-tax-target","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 collects historic high PKR 6,000 bn tax in FY 2021-22 - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad:&nbsp; 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The Federal Board of Revenue (FBR) on Tuesday (June 28) announced the collection of PKR 6,000 billion in taxes during the outgoing fiscal","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-high-6000-tax-fy-2021-22.html","og_locale":"en_US","og_type":"article","og_title":"FBR collects historic high PKR 6,000 bn tax in FY 2021-22 - Zameen News","og_description":"Islamabad:&nbsp; The Federal Board of Revenue (FBR) on Tuesday (June 28) announced the collection of PKR 6,000 billion in taxes during the outgoing fiscal","og_url":"https:\/\/www.zameen.com\/news\/fbr-high-6000-tax-fy-2021-22.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":"2022-06-29T06:20:56+00:00","article_modified_time":"2022-06-29T11:31:08+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-high-6000-tax-fy-2021-22.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/fbr-high-6000-tax-fy-2021-22.html"},"author":{"name":"Nauman Ahmad","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/7c97aa4f0e951051355a81418f98ed1a"},"headline":"FBR collects historic high PKR 6,000 bn tax in FY 2021-22","datePublished":"2022-06-29T06:20:56+00:00","dateModified":"2022-06-29T11:31:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-high-6000-tax-fy-2021-22.html"},"wordCount":209,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-high-6000-tax-fy-2021-22.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","keywords":["FBR collects historic high PKR 6","FBR taxes FY22-23","FY22 tax target"],"articleSection":["Legal &amp; 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