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April 1, 2021
ISLAMABAD: The Federal Board of Revenue (FBR) has achieved provisional revenue collection of Rs3,394 billion during the first nine months (July-March) period of the current fiscal year against Rs3,076 billion in the same period of the last financial year, registering a growth of double-digit first time in the current fiscal.
According to FBR’s announcement made here on Wednesday, the Board has released the provisional revenue collection figures for the first nine months of the current fiscal year. According to the provisional information, FBR has collected net revenue of Rs3,394 billion during the July-March period, which has exceeded the target of Rs3287 billion by more than Rs100 billion. This represents a growth of about 10 percent over the collection of Rs3076 billion during the same period last year.
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ISLAMABAD: The Federal Board of Revenue has exceeded its collection by Rs18 billion in the first eight months period as the tax machinery fetched revenues of Rs2,916 billion against the desired.