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

CDA Directs Fast-Track Handover of Developed Plots in Islamabad Sectors

Islamabad: The chairman of the Capital Development Authority (CDA) and Chief Commissioner Islamabad, Muhammad Ali…

2 weeks ago

KP Government Considers 31km Outer Ring Road in Peshawar to Ease Traffic

Peshawar: The Khyber Pakhtunkhwa government is exploring plans to construct a 31-kilometre outer ring road…

3 weeks ago

NHA Utilises 56% of Development Budget in First Half of FY26

Islamabad: The National Highway Authority (NHA) has spent more than half of its development budget…

3 weeks ago

Karachi to Upgrade 183 Roads Under Special Infrastructure Program

Karachi: A high-level meeting chaired by Sindh Minister for Local Government Syed Nasir Hussain Shah…

4 weeks ago

Al Akaria Signs SR1.2 Billion Lease Deal for Amsa Vue Residential Compound in Riyadh

Riyadh: Saudi Real Estate Co. (Al Akaria) has signed a long-term lease agreement with Amsa…

4 weeks ago

Land Acquisition Begins for Thalian Interchange of Rawalpindi Ring Road Project

Rawalpindi: The divisional administration has begun acquiring land for the Rs5 billion Thalian Interchange, a…

1 month ago