FBR Tax Target Exceeded for 9 Months

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.

FBR Launches Prize Scheme to Encourage Reporting Unverified Invoices.

Pakistan's No. 1 Tax Discussion Forum

Leave a Reply

WhatsApp Channel