AGL38.1▲ 0.3 (0.01%)AIRLINK209.55▼ -1.42 (-0.01%)BOP10.46▼ -0.21 (-0.02%)CNERGY7.35▼ -0.06 (-0.01%)DCL8.9▲ 0.01 (0.00%)DFML40.83▼ -1.14 (-0.03%)DGKC99.77▲ 0.65 (0.01%)FCCL34.39▲ 0.82 (0.02%)FFL18.05▼ -0.36 (-0.02%)HUBC132.49▲ 1.1 (0.01%)HUMNL14.14▲ 0.04 (0.00%)KEL5.03▲ 0.05 (0.01%)KOSM7.07▼ -0.09 (-0.01%)MLCF45.2▲ 1.44 (0.03%)NBP62.17▼ -1.86 (-0.03%)OGDC218.38▲ 4.82 (0.02%)PAEL41.7▲ 0.17 (0.00%)PIBTL8.55▼ -0.05 (-0.01%)PPL189.03▼ -0.57 (0.00%)PRL42.33▼ -1.98 (-0.04%)PTC25.17▲ 0.2 (0.01%)SEARL103.96▲ 0.59 (0.01%)TELE9.24▼ -0.2 (-0.02%)TOMCL35.39▲ 0.06 (0.00%)TPLP13.1▼ -0.4 (-0.03%)TREET23.67▼ -1 (-0.04%)TRG69.18▲ 4.71 (0.07%)UNITY34.82▲ 0.35 (0.01%)WTL1.71▲ 0.06 (0.04%)

Tuesday, January 7, 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.