Top five industrial states of the country contribute more than 2/3rd of the direct taxes collected by the central government, even as less developed states like UP, Bihar and MP are taking away more ...
ISLAMABAD: The share of direct taxes in overall tax collection of the Federal Board of Revenue (FBR) rose to 48.7 percent in 2024-25, merely due to increase in collection from advance taxes and ...
NEW DELHI: Net direct tax collection in the first quarter (till 19 June 2025) of FY26 has contracted by 1.39% compared to the corresponding period last year. Even the gross tax collections during the ...
ISLAMABAD: The improvement in the tax-to-GDP ratio from a five-year average of 8.7 percent to a double-digit 10.3 percent in 2024-25 is primarily driven by a quantum increase in the direct taxes. The ...