The Federal Board of Revenue building can be seen. — X@FBRSpokesperson/FileJuly-May shortfall reaches Rs868bn.May collection falls Rs184bn short.June target stands at Rs2,752bn.ISLAMABAD: The Federal Board of Revenue’s revenue shortfall widened to Rs868 billion during the first…
Related Posts
Nationwide fuel shortage looms as petroleum cargoes held over tax dispute

A large number of oil tankers are parked near Shireen Jinnah Colony in Karachi. — Online/FilePetroleum cargoes remain stranded at Karachi ports.Five major petrol and diesel vessels await clearance.Sindh restores 100% IDC bank guarantee requirement.
Pakistan is facing the…
Govt slashes profit rates on National Savings Schemes

Central Directorate of National Savings building seen in this undated photo. — APP/File
ISLAMABAD: The federal government has reduced profit rates on various National Savings Schemes, which will be effective from July 28, according to a notification issued by the Ministry of…
IMF adjusts captive gas levy formula under energy reform plan

This file photo taken on January 26, 2022, shows the seal of the International Monetary Fund in Washington, DC. — AFP
IMF revises levy calculation using average B3 tariff rates.Levy cut around 61% to nearly Rs500 per MMBtu.High gas costs force export sector consumption…




