Tax collection of FBR reaches Rs475bn in March

ISLAMABAD: According to the data released by the Federal Board of Revenue (FBR), the authority crossed its target of Rs439bn and recorded the collections worth Rs475bn in March of FY-21.

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As per the details, Rs36bn are collected in surplus which is 8.2pc more than the set target of Rs439bn for the month of March.

According to the data, the FBR also crossed its collection target of Rs3.29tr for Jul-March period and recorded the total revenues of Rs3.39tr. The net tax collection is 10pc more than the value of Rs3.08tr recorded in the same period of last year.

For surpassing the tax collections, Prime Minister Imran Khan through a tweet felicitated FBR for their efforts and termed it a success of government-led policies.

For news and blogs, visit Graana.com.

Maham Tahir

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