FBR Surpass Rs397 billion Oct Collection target

FBR Surpass Rs397 billion Oct Collection target being set by a decent margin of 29 percent growth in revenue collection as  compared with last year 2020.

FBR Surpass Rs397 billion Oct Collection target (so far progress)

Up till now Federal Board of Revenue has provincially collected Rs428 billion during October 2021 and FBR Surpass Rs397 billion, recorded a increased of Rs 31 billion.

The revenue collection may further increase after compilation of final figures by the end of October.

The target of 1,608 billion rupees has been achieved before the end current month.

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Cyber Attack on NBP System Recovery on Moday Expected

Cyber Attack on NBP System Recovery on Moday Expected

NBP System Recovery National Bank of Pakistan gets a cyber attack on Friday and Saturday Middle night. As per the NBP president Arif Usmani, the hackers wanted to get access to the main server of the Bank where customers’ financial balances are kept but the hackers could not access to …

Indeed the Federal Board of Revenues provisional tax collection amounted Rs1,829 billion (net) during the first four months of current fiscal year against Rs1,342 billion collected in the corresponding period of 2020-21. showing a decent growth of 36 percent.

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Finance Act 2021, Taxpayer Bounded to update Business Account within three Months

FBR vide Circular no.02 of 2021-22 Dated 1st July 2021 with reference to Finance Act 2021 made an important announcement as, In order to promote documentation and to streamline action under section 21(1) and 21(m), the concept of business bank account has been introduced in the ordinance by inclusion of …

FBR tax collection performance has been certainly increased compared with last year.

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