FBR achieves revenue target of Rs527.2B for Feb

Islamabad: Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar Wednesday said that the Federal Board of Revenue (FBR) achieved revenue target for February 2023 by collecting Rs527.2 billion.

The minister turned to Twitter and stated that the target was achieved registering growth of 17% compared to collection during the same month of last year.

He said: “Cumulatively, FBR has collected Rs4,493 billion in first eight months of current fiscal year (CFY23) against Rs3,820 billion in the corresponding period last year depicting year-on-year growth of 18%”.

“FBR continues to show impressive performance during third quarter of CFY23,” adding that, which displays its commitment towards achieving revised upward annual budgetary revenue target of Rs7,640 billion despite economic challenges, he stated.

AlhamdoLilah!
FBR achieved revenue target for Feb 2023 by collecting Rs 527.2 billion, registering growth of 17% compared to same month last year.

Cumulatively, FBR has collected Rs 4,493 billion in first eight months of CFY23 against Rs 3,820 billion in the corresponding…1/2

— Ishaq Dar (@MIshaqDar50) March 1, 2023