Additional taxes worth Rs516 billion to be collected by government: Azhar

Islamabad: The government has introduced additional taxes worth Rs516 billion besides an increase of Rs1.5 trillion in tax target for the fiscal year 2019-20, said Minister of State for Revenue Hammad Azhar.
The government has aimed to collect revenues worth Rs5.5 trillion for the upcoming fiscal year. Besides informing assembly about the steps taken by the government to broaden tax base, he also told about data integration of 55 million individuals with FBR, securing of data of 152,000 offshore accounts under OECD agreement and rationalisation of valuation rates for property and more.

invest with imarat

Islamabad’s emerging city centre

Learn More

The minister also expressed that many road projects will be undertaken in South Punjab including Indus Highway linking with Rajanpur and Dera Ghazi Khan and M.M. Alam Road linking eight districts from Multan and Bahawalpur and Lodhran.

For news and updates keep on visiting Graana blog

Maham Tahir

Recent Posts

ICCI Urges CDA to Upgrade Commercial Markets to Boost Economic Activity

ISLAMABAD – President of the Islamabad Chamber of Commerce and Industry (ICCI), Nasir Mansoor Qureshi,…

1 day ago

CDA Reviews Plans to Enhance Healthcare Services in Islamabad

Islamabad – The Capital Development Authority (CDA) held a meeting on Saturday to review and…

2 days ago

FGEHA to Auction Commercial Plots in Islamabad on June 18-19

ISLAMABAD: The Federal Government Employees Housing Authority (FGEHA) is set to hold an auction for…

3 days ago

Budget 2025-26: Focus on Salaries, Pensions, and Tax Relief for the Salaried Class

Islamabad – Presenting the PKR 17.57 trillion federal budget for FY2025–26, Finance Minister Muhammad Aurangzeb…

6 days ago

CPEC Phase 2 Aligned with URAAN Agenda to Drive Economic Transformation

Islamabad: Federal Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal, chaired a high-level…

1 week ago

AED 66.8 Billion in Dubai Real Estate Sales – A New May Milestone!

Dubai, UAE – May 2025: Dubai’s real estate sector has achieved a record-breaking milestone, with…

1 week ago