Tag: Revenue growth
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IMF wants FBR to bring over 20 million Pakistanis into tax net in five years
To broaden the tax base, the Federal Board of Revenue (FBR) has outlined its five-year objectives to the International Monetary Fund (IMF), sources reveal.
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Economic Survey FY24: Pakistan sees economic progress with reduced deficit, stable rupee
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, announced significant strides in Pakistan’s economic landscape despite numerous challenges.
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FBR surpasses May revenue target with Rs760 billion collection
The Federal Board of Revenue (FBR) has exceeded its revenue target for May in the fiscal year 2023-24 by collecting Rs760 billion in tax revenues, surpassing the target of Rs745 billion.
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FBR collects Rs5.15 trillion in taxes in less than eight months
The Federal Board of Revenue (FBR) has revealed that it has achieved a remarkable milestone by collecting revenue amounting to Rs5.15 trillion from July 2023 to mid-February 2024.
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PTCL’s profits drop by 7.11% despite revenue increase
Pakistan Telecommunication Company Limited (PSX: PTC) has reported its financial performance for the first nine months of 2023.
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Global 5G subscriptions set to surpass 1.5 billion by the end of 2023
The latest edition of the Ericsson Mobility Report, released in June 2023, reveals that despite challenges posed by geopolitics and macroeconomic slowdown in certain markets, communication service providers worldwide are persistently investing in 5G technology. The report demonstrates that the adoption of 5G subscriptions in North America has surpassed previous expectations, with the region leading…