Tag Archives: FBR

The newly appointed chairman of the Federal Board of Revenue (FBR), Rashid Mahmood Langrial, has raised concerns about the feasibility of the FBR’s ambitious target of collecting Rs40 billion from traders for the current fiscal year. During a high-level meeting chaired by Finance Minister Muhammad Aurangzeb at the FBR headquarters, Langrial questioned the practicality of this goal, noting that the …

The Federal Board of Revenue (FBR) has made a strong start in the new fiscal year by surpassing its first-month target of Rs656 billion. The FBR collected Rs659.5 billion, reflecting a growth rate of just under 22%. This robust performance is crucial as the agency aims for an ambitious annual tax target of nearly Rs13 trillion, which requires a 40% …