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2019-10-22 06:17:32
00:02:17
Urdu
PM Imran Khan Tax NAB FBR CBR imran khan tax Pakistani Doctors Doctors Ho Jain Hoshiyar Breaking News News Hafeez Shaikh Ministry of Finance Imran Khan Imran Khan Tax Tips inflation in pakistan mehangai in pakistan new tax in pakistan tax in pakistan tax on death in pakistan imran khan tax speech imran khan tax policy
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Doctors' Advisors Share Their Best Year-End Tax Tips
The FBR’s tax shortfall of Rs108 billion has been bridged through improved performance through other taxes and non-tax revenue receipts in the first three months of the current fiscal year. “The SBP profit stands at Rs200 billion, renewal of licences of cellular companies fetched Rs70 billion and expenditure remained stagnant,” said the official sources.
When asked from top officials of Finance Division about finalisation of fiscal accounts, they said that the data was still pouring in so the fiscal deficit for the first quarter was not yet finalised. Adviser to PM on Finance Dr Abdul Hafeez Shaikh had shared provisional number of fiscal accounts which the Ministry of Finance had calculated from financing side of the central bank but the data of civil accounts especially in shape of project aid from foreign donors was not yet reconciled and finalised.
The government had assigned FBR to collect Rs5,503 trillion target for the current fiscal year and the FBR so far collected Rs963 billion against the desired target of Rs1071 billion for first quarter of the current fiscal year. Now the FBR is eyeing to collect over Rs2,367 billion in the ongoing second quarter (Oct-Dec) period of the current fiscal year.