{"id":95067,"date":"2023-10-02T17:25:25","date_gmt":"2023-10-02T12:25:25","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=95067"},"modified":"2023-10-02T17:25:26","modified_gmt":"2023-10-02T12:25:26","slug":"fbr-record-tax-collection-sets-new-deadlines","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-record-tax-collection-sets-new-deadlines.html","title":{"rendered":"FBR surpasses first quarter tax collection target, grants filing extension"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR) has exceeded expectations in the first quarter of the current fiscal year collecting PKR 2,041 billion, allowing taxpayers additional time until October 31, reported a news article on October 1.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/tariffs-steel-imports-on-cards.html\" target=\"_blank\" rel=\"noreferrer noopener\">Tariffs on steel imports on cards: Commerce Minister<\/a><\/p>\n\n\n\n<p>The details entail that the collection has been made against the assigned target of PKR 1,978 billion, marking a substantial surplus of PKR 63 billion. In September 2023 alone, the FBR achieved a revenue collection of PKRs 834 billion, surpassing the target of PKR 799 billion by PKR 35 billion.<\/p>\n\n\n\n<p>Despite challenges such as severe import compression in September 2023, where import stage taxes fell from PKR 299 billion to PKR 254 billion, the FBR compensated for this shortfall by enhancing domestic tax collection, particularly in the realm of direct taxes. <\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-asked-to-revisit-property-rates-in-bahawalpur.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR asked to revisit property rates in Bahawalpur, other cities<\/a><\/p>\n\n\n\n<p>In response to the evolving circumstances, the FBR has extended the deadline for filing income tax returns till October 31, 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has exceeded expectations in the first quarter of the current fiscal year collecting PKR 2,041 billion, allowing taxpayers additional time until October 31, reported a news article on October 1. Read: Tariffs on steel imports on cards: Commerce Minister The details entail that the collection has been made against the assigned target of PKR 1,978 billion, marking a substantial surplus of PKR 63 billion. In September 2023 alone, the FBR achieved a revenue collection of PKRs 834 billion, surpassing the target of PKR 799 billion by PKR 35 billion. Despite challenges such as severe import compression in September 2023, where import stage taxes fell from PKR 299 billion to PKR 254 billion, the FBR compensated for this shortfall by enhancing domestic tax collection, particularly in the realm of direct taxes. Read: FBR asked to revisit property rates in Bahawalpur, other cities In response to the evolving circumstances, the FBR has extended the deadline for filing income tax returns till October 31, 2023.<\/p>\n","protected":false},"author":88,"featured_media":75334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[54453,6385],"persona":[],"class_list":{"0":"post-95067","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-fbr-news-and-updates","9":"tag-tax-collection","10":"cat-15017-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&#039;s Record Tax Collection Sets New Deadlines - Zameen News<\/title>\n<meta name=\"description\" content=\"The FBR surpasses predictions, gathering PKR 2,041 billion in the initial quarter, allowing taxpayers have an extended deadline.\" \/>\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-record-tax-collection-sets-new-deadlines.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR&#039;s Record Tax Collection Sets New Deadlines - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The FBR surpasses predictions, gathering PKR 2,041 billion in the initial quarter, allowing taxpayers have an extended deadline.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-record-tax-collection-sets-new-deadlines.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=\"2023-10-02T12:25:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-02T12:25:26+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=\"Muhammad Zohaib Nasir\" \/>\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=\"Muhammad Zohaib Nasir\" \/>\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's Record Tax Collection Sets New Deadlines - Zameen News","description":"The FBR surpasses predictions, gathering PKR 2,041 billion in the initial quarter, allowing taxpayers have an extended deadline.","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-record-tax-collection-sets-new-deadlines.html","og_locale":"en_US","og_type":"article","og_title":"FBR's Record Tax Collection Sets New Deadlines - Zameen News","og_description":"The FBR surpasses predictions, gathering PKR 2,041 billion in the initial quarter, allowing taxpayers have an extended deadline.","og_url":"https:\/\/www.zameen.com\/news\/fbr-record-tax-collection-sets-new-deadlines.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":"2023-10-02T12:25:25+00:00","article_modified_time":"2023-10-02T12:25:26+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":"Muhammad Zohaib Nasir","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Muhammad Zohaib Nasir","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/fbr-record-tax-collection-sets-new-deadlines.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/fbr-record-tax-collection-sets-new-deadlines.html"},"author":{"name":"Muhammad Zohaib Nasir","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/3151a12b88809f78b4962fae945c74e6"},"headline":"FBR surpasses first quarter tax collection target, grants filing extension","datePublished":"2023-10-02T12:25:25+00:00","dateModified":"2023-10-02T12:25:26+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-record-tax-collection-sets-new-deadlines.html"},"wordCount":165,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-record-tax-collection-sets-new-deadlines.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","keywords":["FBR news and updates","tax collection"],"articleSection":["Notices &amp; Announcements"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/fbr-record-tax-collection-sets-new-deadlines.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/fbr-record-tax-collection-sets-new-deadlines.html","url":"https:\/\/www.zameen.com\/news\/fbr-record-tax-collection-sets-new-deadlines.html","name":"FBR's Record Tax Collection Sets New Deadlines - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-record-tax-collection-sets-new-deadlines.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-record-tax-collection-sets-new-deadlines.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","datePublished":"2023-10-02T12:25:25+00:00","dateModified":"2023-10-02T12:25:26+00:00","description":"The FBR surpasses predictions, gathering PKR 2,041 billion in the initial quarter, allowing taxpayers have an extended deadline.","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/fbr-record-tax-collection-sets-new-deadlines.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/fbr-record-tax-collection-sets-new-deadlines.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/fbr-record-tax-collection-sets-new-deadlines.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-record-tax-collection-sets-new-deadlines.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"FBR surpasses first quarter tax collection target, grants filing extension"}]},{"@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\/3151a12b88809f78b4962fae945c74e6","name":"Muhammad Zohaib Nasir","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","caption":"Muhammad Zohaib Nasir"},"description":"As a graduate in English Literature, Zohaib believes that words are not just a mere figment of imagination. It takes wisdom to be good at them. Following this reason, he is pursuing his career as Public Relations and Content Specialist at Zameen.com.","url":"https:\/\/www.zameen.com\/news\/author\/zohaib-nasir"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/95067","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\/88"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=95067"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/95067\/revisions"}],"predecessor-version":[{"id":95068,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/95067\/revisions\/95068"}],"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=95067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=95067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=95067"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=95067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}