FBR achieves monthly as well as 9-month target

At the end of the third quarter of current financial year, FBR has collected Rs. 6,710 billion against an assigned target of Rs. 6,707 billion for the first nine months whereas refunds amounting to Rs. 369 billion were issued as compared to Rs. 254 billion issued during the same period last year.

FBR continues to register 30% growth in revenue collection as compared to the first nine months of previous financial year. During the month of March – 2024, FBR has collected the assigned target of Rs. 879 billion, and refunds amounting to Rs. 67 billion were issued as compared to Rs. 22 billion issued in March, 2023. The FBR had provisionally collected record Rs 4,468 billion during first six months (July-December) 2023-24 against the assigned target of Rs 4,425 billion during this period, reflecting an increase of Rs 43 billion.

Read more: https://pakobserver.net/fbr-achieves-monthly-as-well-as-9-month-target/