ISLAMABAD: Federal Finance and Revenue Minister Shaukat Tarin has commended the tax authorities over record revenue collection of Rs413 billion during July 2021, showing a growth of 21 per cent against the set target for the month.

Chairing a meeting of the apex committee on broadening the tax base and integration of retail businesses, held at the Finance Division, he said the outstanding revenue collection by the Federal Board of Revenue (FBR) is the reflection of the government’s prudent policies for sustained economic growth.

This clearly indicates that the fiscal consolidation efforts are on track with key focus on broadening the tax base by using artificial intelligence and innovative ways for bringing more people into the tax net, he added.

The finance minister directed the revenue board to continue its diligent efforts for enhancing the tax collection.

Special Assistant to the Prime Minister on Finance and Revenue Dr Waqar Masood, FBR chairman Asim Ahmed and other senior officials participated in the meeting.

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