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Income tax return filers increase 11.4pc in 11 months

Income tax return filers increase 11.4pc in 11 months
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Rs386 bn collection: FBR registers historic growth in May


Top Story
June 2, 2021
ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs4,170 billion in the first 11 months of the current fiscal year. The FBR on Tuesday released the provisional revenue collection figures for the first 11 months of the current fiscal year.
According to the provisional information, the FBR has collected net revenue of Rs4,170 billion during July-May period, which has exceeded the target of Rs3,994 billion by Rs176 billion.
This represents a growth of about 18pc over the collection of Rs3,549 billion during the same period last year. The net collection for the month of May was Rs386 billion, against a required increase of Rs214 billion, representing an increase of 69pc over Rs229 billion collected in May 2020 and 168pc of the target. ....

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PM hails FBR's record Rs3,780b tax collection


PM hails FBR’s record Rs3,780b tax collection
Top Story
May 2, 2021
ISLAMABAD: Prime Minister Imran Khan on Saturday commended the Federal Board of Revenue’s (FBR) efforts on achieving growth of 57 percent in April 2021 with collections recorded at Rs382 billion, compared to Rs240 billion in April last year.
In a tweet, prime minister said: “I commend FBR efforts on achieving growth of 57 percent in April 2021 with collections recorded at Rs384 billion compared to Rs240 billion in April 2020. During July-April, collections reached Rs3,780 billion 14 percent higher than the same period last year. This shows our policies have led to broad-based economic revival.” ....

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