Business
PM lauds FBR on record tax collection of Rs850b in July, Aug
Islamabad: Prime Minister Imran Khan Wednesday lauded the efforts of The Federal Board of Revenue (FBR) on achieving a record tax collection of Rs850 billion during the month of July and August.
![PM lauds FBR on record tax collection of Rs850b in July, Aug](/media/1903/conversions/IK-FBR-768x384-1280x720.webp)
Prime Minister has expressed the confidence that the FBR will comfortably achieve the annual tax collection target of 5,829 billion rupees.
On his official twitter handle, the Premier said that the FBR collected 850 billion rupees during the first two months of current fiscal year, exceeding its own target figure by twenty three percent.
He said this reflects growth of 51 percent in revenue over the same period last year.
“Good news on tax collection. FBR collected Rs.850 bn during July & August 2021, exceeding its own target figure by 23% & reflecting growth of 51% in revenue over same period last yr” the caption read.
Good news on tax collection. FBR collected Rs.850 bn during July & August 2021, exceeding its own target figure by 23% & reflecting growth of 51% in revenue over same period last yr. At present rate, annual collection target of Rs.5,829 bn will be comfortably achieved InshaAllah.
— Imran Khan (@ImranKhanPTI) September 1, 2021
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