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Rs386 bn collection: FBR registers historic growth in May


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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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