{"id":97338,"date":"2024-05-29T15:00:28","date_gmt":"2024-05-29T10:00:28","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=97338"},"modified":"2024-08-06T15:02:58","modified_gmt":"2024-08-06T10:02:58","slug":"fbr-to-collect-pkr-1-296tn","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-to-collect-pkr-1-296tn.html","title":{"rendered":"FBR aims to collect PKR 1.296 tn via custom duties"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR) aims to collect around PKR 296 billion from customs duties, as reported in the news on May 29. To achieve this goal, trade taxes, including regulatory duties, will be increased on luxury and non-essential items.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-register-retailers-under-tajir-dost-scheme.html\">FBR register 18,371 retailers under Tajir Dost Scheme<\/a><\/p>\n\n\n\n<p>According to the details, the FBR has projected to collect Rs1,091 billion under the head of customs duty during 2023-24, compared to an estimated Rs1,296 billion in 2024-25, reflecting an increase of Rs. 205 billion. The reliance on trade taxes is expected to continue in the next budget to meet revenue targets. Many imported items, such as consumer goods and home appliances, are already subject to various trade taxes like customs duty, regulatory duty, and sales tax.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) aims to collect around PKR 296 billion from customs duties, as reported in the news on May 29. To achieve this goal, trade taxes, including regulatory duties, will be increased on luxury and non-essential items. Read: FBR register 18,371 retailers under Tajir Dost Scheme According to the details, the FBR has projected to collect Rs1,091 billion under the head of customs duty during 2023-24, compared to an estimated Rs1,296 billion in 2024-25, reflecting an increase of Rs. 205 billion. The reliance on trade taxes is expected to continue in the next budget to meet revenue targets. Many imported items, such as consumer goods and home appliances, are already subject to various trade taxes like customs duty, regulatory duty, and sales tax.<\/p>\n","protected":false},"author":89,"featured_media":75334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[3362,54453,19230,56222],"persona":[],"class_list":{"0":"post-97338","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-fbr","9":"tag-fbr-news-and-updates","10":"tag-federal-board-of-revenue-fbr","11":"tag-news-and-updates","12":"cat-15016-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 to collect PKR 1.296tn - Zameen News<\/title>\n<meta name=\"description\" content=\"The Federal Board of Revenue (FBR) aims to collect around PKR 296 billion from customs duties during 2023-24 fiscal year budget.\" \/>\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-to-collect-pkr-1-296tn.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR to collect PKR 1.296tn - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Federal Board of Revenue (FBR) aims to collect around PKR 296 billion from customs duties during 2023-24 fiscal year budget.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-to-collect-pkr-1-296tn.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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