AGL38.99▼ -0.59 (-0.01%)AIRLINK130.11▼ -1.11 (-0.01%)BOP7.07▲ 0.26 (0.04%)CNERGY4.63▼ -0.08 (-0.02%)DCL8.41▼ -0.03 (0.00%)DFML41.03▼ -0.44 (-0.01%)DGKC81.69▼ -0.4 (0.00%)FCCL32.7▼ -0.4 (-0.01%)FFBL72.6▼ -0.27 (0.00%)FFL12.36▲ 0.1 (0.01%)HUBC109.9▼ -0.84 (-0.01%)HUMNL14.09▼ -0.42 (-0.03%)KEL5.1▼ -0.09 (-0.02%)KOSM7.6▼ -0.01 (0.00%)MLCF38.6▼ -0.3 (-0.01%)NBP69.16▲ 5.15 (0.08%)OGDC190▼ -2.82 (-0.01%)PAEL25.55▼ -0.13 (-0.01%)PIBTL7.45▲ 0.11 (0.01%)PPL151.5▼ -2.57 (-0.02%)PRL25.52▼ -0.31 (-0.01%)PTC17.4▼ -0.41 (-0.02%)SEARL81.33▼ -0.97 (-0.01%)TELE7.65▼ -0.11 (-0.01%)TOMCL33▼ -0.46 (-0.01%)TPLP8.38▼ -0.11 (-0.01%)TREET16.92▲ 0.3 (0.02%)TRG57.75▲ 0.35 (0.01%)UNITY28.05▲ 0.54 (0.02%)WTL1.35▼ -0.02 (-0.01%)

Tuesday, November 26, 2024

Home Top News Pakistan to collect highest-ever tax in FY2023-24: IMF

Pakistan to collect highest-ever tax in FY2023-24: IMF

by News desk
January 27, 2024
in Top News

[tta_listen_btn]

The International Monetary Fund has commended the Federal Board of Revenue’s performance for expanding Pakistan’s tax net.

The international lender hopes Pakistan will collect the highest-ever tax in FY2023-24 as the FBR is on the path to collect Rs9.4 trillion tax.

Furthermore, the IMF has forecast tax collection of Rs11.5 trillion in the next fiscal year 2024-25. The lender is hopeful that Pakistan will collect Rs4803 billion in direct taxes and Rs4114 billion on account of sales tax.