AGL56.8▼ -0.95 (-0.02%)AIRLINK166.94▼ -1.57 (-0.01%)BOP9.71▼ -0.08 (-0.01%)CNERGY7.82▼ -0.17 (-0.02%)DCL9.88▼ -0.01 (0.00%)DFML38.54▼ -1.62 (-0.04%)DGKC124.65▲ 2.03 (0.02%)FCCL44.58▲ 0.65 (0.01%)FFL15.41▼ -0.11 (-0.01%)HUBC139.39▲ 1.42 (0.01%)HUMNL12.07▼ -0.3 (-0.02%)KEL4.2▼ -0.04 (-0.01%)KOSM5.48▼ -0.08 (-0.01%)MLCF67.46▲ 2.67 (0.04%)NBP87.84▲ 4.54 (0.05%)OGDC212.37▲ 0.68 (0.00%)PAEL44.31▼ -0.71 (-0.02%)PIBTL9.37▲ 0.14 (0.02%)PPL164.05▼ -2.35 (-0.01%)PRL29.41▼ -1.24 (-0.04%)PTC21.3▲ 0.1 (0.00%)SEARL88.99▼ -1.48 (-0.02%)TELE7.17▼ -0.22 (-0.03%)TOMCL35.26▲ 0.53 (0.02%)TPLP9.15▼ -0.22 (-0.02%)TREET20.13▲ 0.26 (0.01%)TRG64.27▼ -0.73 (-0.01%)UNITY26.31▼ -0.19 (-0.01%)WTL1.29▼ -0.02 (-0.02%)

Friday, April 25, 2025

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.