PM Imran Khan Commends FBR On Record Tax Collections
Praising the FBR on record tax collections in July, Prime Minister Imran Khan said that these collections were a reflection of the government’s policies towards sustainable economic growth and development.
According to details, Prime Minister Imran Khan said in a statement on social networking site Twitter, “I commend efforts of FBR in achieving record revenue collection in July. As of now, the collection is Rs.410 bn which is the highest ever in the month of July – & around 22% above the required target for the month. This is a reflection of govt’s policies for sustained economic growth & revival.”
Earlier, the Federal Board of Revenue (FBR) has surpassed its tax collection target of Rs 36 billion in March 2021 to Rs 475 billion, the highest monthly collection in the current financial year (FY 2021).
The recovery target for the month of March was set at Rs 439 billion, an increase of 8.2 per cent to Rs 475 billion, while revenue of Rs 326 was collected in March 2020, compared to an increase of 46 per cent.
Prime Minister Imran Khan also praised the FBR for collecting more taxes than expected in March.
Sending a message on Twitter, the Prime Minister appreciated the FBR’s efforts to achieve a historic growth of 41% in March 2021 with a collection of Rs 460 billion.
“During Jul ’20-Mar ’21 our collections reached Rs.3380 bn which is 10% higher than the same period last year. This reflects broad-based econ revival led by govt policies,” he added.
The FBR collected revenue of Rs 33.94 trillion in the first nine months of the current financial year, which is Rs 100 billion more than the target of Rs 32.87 trillion.
German ambassador lauds Pakistan’s positive role in Afghan peace process
Germany has appreciated the positive role played by Pakistan in bringing about...
Chinese vessel carrying first lot of 42 Green Line buses docks at Karachi port
The vessel carrying the first lot of 42 Green Line buses has...
India used Afghan soil to perpetrate terrorism against Pakistan: NSA Moeed
National Security Advisor Dr Moeed Yusuf said India orchestrated a hoax narrative...
Lal Masjid's Maulana Abdul Aziz booked for displaying weapon, threatening Police
A case was registered against the cleric of Lal Masjid Maulana Abdul...
Pakistan pursuing independent foreign policy for first time: Farrukh Habib
State Minister for Information & Broadcasting Farrukh Habib has said that Pakistan...