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Articles for tag: business, collects, FBR, Latest, record, RS2B, Taxes, wedding

October 12, 2025

News Desk

FBR collects RS2B record in wedding taxes

Karachi: A significant increase has been recorded in the collection of taxes from wedding ceremonies across the country, as authorities are stepping up efforts to ensure the tax withholding collection on such events. According to documents by the Federal Revenue Council (FBR), during the financial year 2024-25, withholding tax discounts increased by 19 %, along with improved documentation in the field of events management. The FBR reported that the 2.02 billion Rs were collected in the financial year 2024-25 as a withholding tax in marriages, compared to RS1.70 billion in previous use, reflecting an increase of approximately 500 million Rs,

February 23, 2025

News Desk

Govt collects 23 billion Rs from banks in one day

An employee calculates Pakistani rupees in a bank in Peshawar. – Reuters/file Prime Minister Shehbaz Sharif is proceeding with a significant recovery function: Source. Premier has personal funds for the legal representation of FBR. The FBR leader and SBP commander contribute to the basic shift of the Govt strategy. ISLAMABAD: The Federal Revenue Council (FBR) recovered 23 billion Rs from 16 large banks in just one day on February 21, 2025, after a Sindh Supreme Court (SHC) ruled to support an unexpected tax. An up -to -date source said that Prime Minister Shehbaz Sharif’s avant -garde, this important recovery operation

May 7, 2024

News Desk

Prince Harry only collects frequent flier miles instead of forgiveness

Prince Harry Was Just Ridiculated For Only Doing One Exciting Thing Since Moving To The US Prince Harry only collects frequent flier miles instead of forgiveness Prince Harry just got ridiculed for only collecting frequent flyer miles instead of forgiveness from family. All edited by royal commentator Daniela Elser. She touched on all that in one of her latest pieces for News.com.au. In this article he addressed the truth behind Prince Harry and Meghan Markle’s relationship. He even had a bit of fun in the piece, saying: “Prince Harry, Duke of Sussex has had an exciting few years – if

April 27, 2024

News Desk

US food regulator collects information on Indian spices after alleged contamination

HYDERABAD, INDIA: The US Food and Drug Administration (FDA) is collecting information on products from Indian spice makers MDH and Everest after Hong Kong halted sales of some of their products for allegedly containing high levels of a cancer-causing pesticide. “The FDA is aware of the reports and is gathering additional information about the situation,” an FDA spokesman said Reuters the manufacture. This month Hong Kong suspended sales of three MDH spice blends and one Everest spice blend for fish curry. Singapore also ordered a recall of Everest spice mix, saying it contains high levels of ethylene oxide, which is

January 1, 2024

News Desk

In a historic first, FBR collects over Rs 1 tr in December 2023

The targets for the first six months of the current financial year were also exceeded, which stood at Rs 4.425 billion An employee counts Pakistani rupee notes at a bank in Peshawar, Pakistan, August 22, 2023. — Reuters FBR achieves net collection of Rs 984 billion. Targets for the first 6 months are also exceeded by Rs 43 billion. FBR chairman thanks taxpayers for support. Islamabad: The Federal Board of Revenue (FBR) has created history as it managed to collect over Rs 1 trillion in taxes in December 2023, surpassing the month’s target, The news reported on Monday. According to

November 1, 2023

News Desk

FBR beats target, collects Rs 2.75 tr in Jul-Oct

The Federal Board of Revenue (FBR) exceeded its revenue target for the fourth consecutive month by collecting Rs 2.75 trillion in July-October and decided to go after one million non-filers of tax returns after receiving a poor response from the People. While the FBR exceeded its July-October tax collection target by Rs 68 billion, it falls short of the total returns filed in the tax year 2022 by nearly two million, or 40% of the existing files. The FBR will not further extend the date for filing annual income tax returns, which ended on Tuesday, Malik Amjad Zubair Tiwana, Chairman,

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