Double Click 728 x 90
Double Click 900 x 250

Govt collects tax of 2085 bn rupees in first half of FY

Aizbah KhanWeb Editor

13th Jan, 2020. 09:29 pm
Double Click 160 x 600
Taxes on petroleum products decreased from 40 to 45 percent, FBR

Special Assistant to the Prime Minister for Information and Broadcasting Dr. Firdous Ashiq Awan said that the government has collected tax amounting 2085 billion rupees in the first half of this financial year with an increase of 16.4 percent as compare to the previous year.

In a series of tweets today, she said Imran Khan is the first Prime Minister who started a movement for tax collection and initiated working on tax reforms.

The Special Assistant said the government introduced an easy app for submitting annual tax returns through smart phones and now the details of travel, land transactions, withholding and vehicle are also available on FBR portal.

Earlier, Chairman Federal Board of Revenue, Shabbar Zaidi has said that two thousand and eighty billion rupees tax collection has been made during the last six months.

Radio Pakistan reported that he said approximately seventy one billion rupees collected from five export sectors.

The Chairman FBR said present government set new targets for tax collection.

While documentation of jewelry industry streamlined.

Replying to a question, he said the government is going to introduce “point of sales system” on restaurants as they charging 16 percent tax from their customers,

But they least bother to deposit tax to the concerned department.

Shabbar Zaidi said some areas in the Real Estate business, where effective evaluation required to check the system.

Double Click 300 x 250

Download BOL News App for latest news