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.

invest with imarat

Islamabad’s emerging city centre

Learn More

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

Recent Posts

Rome’s Affordable Real Estate Draws Increasing Investor Interest

As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…

2 days ago

Dubai’s Second Tallest Tower Burj Azizi Shatters Records with Global Luxury Sales Launch

Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…

4 days ago

Real Estate Set to Surge as Government Plans to Scrap FED on Property Deals

The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…

5 days ago

Egypt Launches MLS-Powered Real Estate Platform for Transparency & Investment

Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…

6 days ago

CDA to Hold Open Auction for Commercial Plots in Islamabad from February 25

The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…

6 days ago

Islamabad’s Three Day Spring Festival Set to Wow Visitors with Cultural Showcase

The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…

7 days ago