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PM Khan hails FBR for surpassing tax target in first quarter

ISLAMABAD: Prime Minister Imran Khan has congratulated the Federal Board of Revenue’s (FBR) on surpassing the collection target set for the first quarter of the ongoing fiscal year. “I congratulate the nation on FBR’s achievement of collecting Rs.1,395 billion in

Asad Umar hopes Pakistan will surpass coronavirus jab target

ISLAMABAD: Federal Minister of Planning, Development, Reforms and Special Initiatives Asad Umar has expressed hope that Pakistan will surpass the coronavirus target. “In the early days of the vaccination campaign we had set a daunting target of vaccinating 7 crore

Exports target set at $35bn for next fiscal year: Commerce Adviser

ISLAMABAD: Advisor to the Prime Minister for Commerce and Investment Abdul Razaq Dawood said the government had set the export target of $35 billion for the upcoming Fiscal Year 2021-22. The commerce adviser made the remarks while addressing the post-budget

FBR achieves growth of 57% in April to collect Rs384 bn

ISLAMABAD: The Federal Board of Revenue (FBR) surpassed its revenue collection target to Rs384bn in April, the second highest collection in the second half of current fiscal year (FY21). According to provisional data collected by the tax authorities, the FBR

Pakistan to target 2.3% growth in upcoming budget

ISLAMABAD: The government will target growth of 2.3% in fiscal year 2020-21 as it presents the budget for the upcoming fiscal year on Friday. The budget is being passed amid a changing economic landscape that would depend mainly on the

China drops annual GDP growth target for the first time

BEIJING: China dropped its annual growth target for the first time on Friday and pledged more government spending as the COVID-19 pandemic hammers the world’s second-biggest economy. The omission from Premier Li Keqiang’s work report during this year’s meeting of

Man gunned down in target killing in Karachi

KARACHI: A man was shot dead on Monday night in a suspicious targeted killing in North Karachi, Police said. As per police, some unidentified assailants opened fire on him on the Manghopir Road and fled, the man, Ameer Buksh, who

FBR may suffer shortfall of Rs. 100 billion

ISLAMABAD: The Federal Board of Revenue may suffer a shortfall of around Rs. 100 billion in tax collection against an ambitious target of  Rs. 1.07 trillion.  It was a few days back when the technical team from the International Monetary