Government & Politics

FBR records provisional net revenue collection of over Rs3274b

Federal Board of Revenue has recorded a provisional net revenue collection of over 3274 billion rupees during the first 11 months of the current financial year.

In a statement, the Spokesperson of FBR said that this collection is 15 per cent higher than collected during the same period of the previous fiscal year.

He said the board also issued more than 100 billion of refunds during first 11 months while it was 54 billion during the entire 12 months of the previous year.

He said the revenue collection trend during the first eleven months of the financial year augurs well for the efforts of FBR towards achievement of the assigned revised annual revenue target.

Source: Radio Pakistan