Pakistan's FBR tax shortfall swells to Rs 833 billion

Hamza Ameer | May 1, 2025 9:25 PM

Islamabad, May 1 (IANS) Pakistan's Federal Bureau of Revenue (FBR) has been consistently falling short of its targets for the past 10 months, piling up a confounding shortfall of Rs 833 billion during the current fiscal year. This is happening at a time when the government led by Prime Minister Shehbaz Sharif has imposed a record number of additional taxes and is reducing refunds. Experts say the upcoming budget will also be very challenging with many towering targets to achieve.

GST collections surge to record high of Rs 2.37 lakh crore in April

IANS | May 1, 2025 4:26 PM

New Delhi, May 1 (IANS) India's Goods and Services Tax (GST) collections surged to a record high of Rs 2.37 lakh crore during April, which represents a 12.6 per cent increase from Rs 2.10 lakh crore in the same month last year, official figures showed on Thursday.