Govt to broaden tax net: FBR chairman

News Image

MG News | September 02, 2019 at 11:45 PM GMT+05:00

0:00

Sep 02, 2019: Federal Board of Revenue (FBR) Chairman Shabbar Zadi Monday said the government was trying to broaden the tax network by imposing tax on private medical practitioners, schools and others non-tax paying sectors.

Talking to a private new channel, he said the imports had reduced by $ 1.79 billion during the first two months of ongoing fiscal year.

He said it was the policy of the Pakistan Tehreek-e-Insaf government to reduce imports bills and increase exports, besides taking measures to reduce tax evasion.

To a question, the FBR chairman said tax collection had reduced due to decrease in imports.

He said the government would hopefully achieve the tax target set for fiscal year 2019-20.

To another question, Shabbar Zaidi said there was no likelihood of any mini-budget.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 161,935.19
239.78M
0.80%
1277.69
ALLSHR 97,989.64
672.11M
0.80%
780.92
KSE30 49,083.13
162.29M
0.73%
357.18
KMI30 231,590.57
121.07M
0.80%
1835.48
KMIALLSHR 63,730.38
301.36M
0.65%
414.39
BKTi 44,511.26
43.79M
1.00%
442.70
OGTi 31,229.10
21.20M
1.42%
438.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 95,045.00 100,495.00
94,230.00
-3080.00
-3.14%
BRENT CRUDE 64.29 64.87
63.36
1.28
2.03%
RICHARDS BAY COAL MONTHLY 85.00 85.00
85.00
0.05
0.06%
ROTTERDAM COAL MONTHLY 96.45 96.45
95.75
1.20
1.26%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 59.95 60.65
58.71
1.26
2.15%
SUGAR #11 WORLD 14.85 15.05
14.35
0.41
2.84%

Chart of the Day


Latest News
November 15, 2025 at 10:28 AM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


November 15, 2025 at 12:45 AM GMT+05:00

FFC harvests success with KMI-30 entry


November 14, 2025 at 05:45 PM GMT+05:00

Pakistan’s FE-25 deposits dip to $6.97bn in October 2025


November 14, 2025 at 05:44 PM GMT+05:00

SECP pushes big reforms to drive fintech & inclusion



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg