• PM Shehbaz commends the performance of FBR
• Minister for Finance Miftah Ismail lauds FBR for collecting record amount of tax
• Refunds worth 39 billion rupees issued during June

The former PTI government has achieved an achievement as the FBR has collected record annual tax collection target of 6.1 trillion rupees set for the financial year 2021-22.

All economic indicators, which have so far been positive, have proved the best performance of Imran Khan-led government.

Read more: FBR close to beating Rs6.1tr target for FY22

Meanwhile, Prime Minister Shehbaz Sharif has commended the performance of FBR for achieving annual tax collection target of 6.1 trillion rupees.

In a tweet on Friday, the Prime Minister said this has set a good example for other ministries to follow the suit.

He congratulated Finance Minister Miftah Ismail, Minister of State for Finance Dr Ayesha Pasha, Chairman FBR and his team.

Minister for Finance and Revenue Miftah Ismail has appreciated the Federal Board of Revenue for collecting a record amount of tax worth 763 billion rupees last month.

Addressing a news conference in Islamabad today, he said it shows an increase of 32 percent in tax collection.

The Finance Minister said tax collection has never exceeded 580 billion rupees per month in the country.

He said 389 billion rupees in lieu of income tax was collected last month, recording an increase of 45 percent.

Miftah Ismail said no advance tax was taken last month to achieve tax collection target.

Read more: FBR resolving issues related to POS: official

He said during the 4th quarter of outgoing financial year since PML-N led allied government took over, the tax collection remained 1741 billion rupees, which is 29 percent more than last year’s same period.

The Minister said refunds worth 39 billion rupees have been issued during the last month, recording an increase of 44 percent as compared to last year.