Govt to broaden tax net: FBR chairman

News Image

By 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 127,441.85
113.14M
1.44%
1814.54
ALLSHR 79,344.59
358.39M
0.97%
759.87
KSE30 38,791.39
29.88M
1.67%
637.60
KMI30 186,885.89
41.58M
1.08%
1999.39
KMIALLSHR 54,128.29
188.07M
0.68%
364.49
BKTi 32,516.93
27.32M
1.86%
595.25
OGTi 27,785.24
1.49M
0.04%
11.25
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,225.00 108,105.00
107,190.00
-1010.00
-0.93%
BRENT CRUDE 66.44 66.63
66.34
-0.30
-0.45%
RICHARDS BAY COAL MONTHLY 97.00 97.00
97.00
1.05
1.09%
ROTTERDAM COAL MONTHLY 107.65 107.65
105.85
1.25
1.17%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.77 65.02
64.67
-0.34
-0.52%
SUGAR #11 WORLD 16.19 16.74
16.14
-0.52
-3.11%

Chart of the Day


Latest News
July 01, 2025 at 10:48 AM GMT+05:00

VIS upgrades entity ratings of Faysal Bank Ltd


July 01, 2025 at 10:45 AM GMT+05:00

FBR delivers historic 26% tax collection surge


July 01, 2025 at 09:56 AM GMT+05:00

PSX Opening Bell: Green and Growing



Top 5 things to watch in this week

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