Tag Archives: exchequer

Tax breaks cost Rs5.8 trillion to exchequer in financial year 2024-25

Tax breaks cost Rs5.8 trillion to exchequer in financial year 2024-25

A representational image showing the FBR logo. — FBR website/File Sales tax break on petroleum products contributes to rise in cost. Exemptions amount to revenue loss of Rs1,496,124m in FY25. FBR suffered notable revenue loss of Rs985.594 billion in 2024-25.  ISLAMABAD: Apart from the missed growth target, the Pakistan Economic Survey 2024-25 unveiled by the government has revealed that Pakistan’s total …

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