Sunday, May 5, 2024

FBR Achieves a Historic Growth of 41% Revenue Collections Worth Rs.460 Billion

PM Imran Khan congratulated the Federal Board of Revenue (FBR) on achieving a historic growth of 41% in March-2021, with collections of worth Rs460 billion.

“I applaud FBR efforts, achieving historic growth of 41% in March-21 with collections of Rs.460 billion,” Prime Minister Imran Khan said on Twitter on Wednesday.

“Our collections from July 20 to March 21 totaled Rs.3380 billion, up 10% from the same time last year.”

He said it reflected a broad-based economic recovery fueled by government policies.

The Federal Board of Revenue (FBR) reported on February 28 that it had met its tax collection goals for the first eight months of fiscal year 2020-21, collecting Rs2916 billion.

The tax collection body had shared the details of the revenue raised during the eight months in a series of tweets, saying that they had received Rs.2916 billion against a target of Rs.2898 billion.

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