Proposal to keep FBR’s tax target at 12 thousand 400 billion rupees for the new financial year - News Summed Up

Proposal to keep FBR’s tax target at 12 thousand 400 billion rupees for the new financial year


Islamabad: There has been a proposal to set the tax target of FBR at 12 thousand 400 billion rupees for the new financial year. The target of domestic exports for the next financial year is proposed to be 32.7 billion dollars. billion dollars, the Ministry of Finance has proposed a remittance target of 30.6 billion dollars for the next financial year and the financial deficit for the next financial year has been estimated at 9600 billion rupees. According to sources, it is proposed to allocate 1000 billion rupees for federal development projects in the next financial year, the tax target of FBR is proposed to be 12 thousand 400 billion, which is 1300 billion rupees more than this year, while interest on loans. 9700 billion rupees will be allocated forSources say that the pension bill is likely to increase from 801 billion to 960 billion next year.


Source: The Patriot May 21, 2024 15:02 UTC



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