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Tag Archives: Tax reforms yield Rs209bn in additional revenue

Tax reforms yield Rs209bn in additional revenue


January 12, 2020

ISLAMABAD: The Federal Board of Revenue (FBR) collected Rs209 billion additional during the first five months of this fiscal year mainly due to structural changes in taxation system, procedures and withdrawal of exemptions. Data shows that these much- needed reforms in taxation system are already bearing fruit despite a huge import compression of around $5bn and slowingdown of growth. The …

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