Abdul Waheed Marwat confers Certificate of Appreciation on Inspector Haseeb Ahmed

QUETTA: Collector MCC Appraisement Abdul Waheed Marwat has conferred Certificate Appreciation on Inspector Haseeb Ahmed, In-Charge Vigilance Cell. Collector Abdul Waheed Marwat also appreciated the services of Haseeb Ahmed for the department. Collector Abdul Waheed Marwat formed Vigilance Cell in July 2020 to stop revenue evasion, smuggling and monitoring of… Continue reading

MCC Appraisement East surpasses revenue collection target

KARACHI: MCC Appraisement East collected revenue of Rs92.06 billion in the first half of current fiscal year against the target of Rs69.17 billion surpassing the assigned target by 33.1 percent. It may be mentioned here MCC Appraisement East was infamous for mis-declration, under-invoicing and corruption of officers, and national exchequer… Continue reading

LTU Karachi posts 15% revenue collection growth

KARACHI: Large Taxpayers Unit (LTU), Karachi (the prime field formation of Federal Board of Revenue) has been successful to record half yearly growth at 15%. LTU Karachi has collected Rs.688 billion for the period from July to December, 2019 against Rs.598 billion for the corresponding period of last year recording… Continue reading

MCC Appraisement Quetta surpasses revenue collection target

QUETTA: MCC Appraisement Quetta collected Rs14.95 billion as revenue in the first half of current fiscal year ended December 31, 2019. According to Collector Appraisement Quetta Raza Baloch, the Collectorate collected revenue of Rs14.95 billion during the period July to December, 2019, which is 13 percent higher than the assigned… Continue reading

Customs Appraisement South misses revenue collection target

KARACHI: Customs Appraisement South has collected total revenue of Rs112.224 billion for the month of October 2019, which is 6.6 percent higher than the collection of Rs105.618 billion recorded in October 2018. However, Appraisement South’s collection during the month under review missed the target of Rs123.8 by 9.35 percent. MCC… Continue reading

FBR misses revenue collection target by Rs163.5 billion

ISLAMABAD: Federal Board of Revenue (FBR) is facing a revenue shortfall of Rs163.5 billion in first four months (July-Oct) of FY20. The provisional revenue collection in the four months stood at Rs1.283 trillion against desired target of Rs1.447 trillion. FBR Chairman Shabbar Zaidi stated in his tweet on Thursday that… Continue reading

FBR’s quarterly revenue collection misses target by Rs111 billion

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs960 billion against quarterly envisaged target of Rs1,071 billion, witnessing a substantial revenue shortfall of Rs111 billion primarily due to import compression. FBR chairman Shabbar Zaidi, in a statement said, “tax collection up to 90 percent of highly aggressive target for… Continue reading

SRB posts 14.36pc growth in revenue collection

KARACHI: Sindh Revenue Board (SRB) has collected Rs44.373 billion during the first six months (July-December) of the financial year 2018-19 as compared to the collection of Rs38.802 billion, registering a half-yearly growth of 14.36%. During the month of December, 2018, Sindh Revenue Board (SRB) collected revenue of Rs8.471 billion as… Continue reading

MCC Port Qasim collects Rs221 billion in five months

KARACHI: MCC Port Qasim Karachi has collected Rs. 73 billion as customs duty against last year’s collection of Rs. 58 billion in first five months thus registering growth of 25.86% year-on-year basis, a press release said. MCC Port Qasim collected Rs. 15 billion customs duty in the month of November… Continue reading

MCC Port Qasim misses revenue collection target

KARACHI: MCC Port Qasim has collected total revenue of Rs220.75 billion during July-November 2018 missing the collection target by a meager 0.8 percent. However, Collectorate’s collection during the period under review surged 13.6 percent compared with the collection in the corresponding period last year. MCC Port Qasim is responsible for… Continue reading