PM lauds FBR over 35% rise in November revenues

Islamabad: Prime Minister Imran Khan Wednesday appreciated the Federal Board of Revenue (FBR) on achieving a considerable 35% growth in revenues of November 2021 compared with the same month previous year.

On his official twitter handle, the Primer wrote, “Congratulations to the FBR team for achieving a 35% increase in revenues in November over last year and 37% increase in the five months over last year”.

Congratulations to the FBR team for achieving a 35% increase in revenues in November over last year and 37% increase in the five months over last year. pic.twitter.com/b9SfNy2OmH

— Imran Khan (@ImranKhanPTI) December 1, 2021

During the first five months of the current fiscal year FBR witnessed a growth of 36.5 %.

The FBR collected net revenues of Rs. 2,314 billion during July-November 2021-22 as against the collection of Rs. 1,695 billion during July-November 2021-21.

According to provisional figures released by the board here, the collection also exceeded the set target of Rs. 2,016 billion for the period by Rs. 298 billion.

During the first four months (July-October), FBR had surpassed its revenue target by Rs. 233 Billion.