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Tax Collection from Cash Withdrawals Falls 21% in October 2024


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Tax Collection from Cash Withdrawals Falls 21% in October 2024
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12-02-2024, 02:17 AM
Tax Collection from Cash Withdrawals Falls 21% in October 2024

Islamabad, Pakistan: Tax revenue from cash withdrawals experienced a notable decline in October 2024, dropping 21% year-on-year (YoY). The Federal Board of Revenue (FBR) reported that advance tax collection from cash withdrawals fell to Rs 721 million, down from Rs 908 million in October 2023. Factors Behind the Decline The Large Taxpayers Office (LTO) Karachi […]


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