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Print Print edition: 2024-06-30

FBR exceeds Rs9.2trn revised collection target

Published June 30, 2024 Updated June 30, 2024 11:34am
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By Sohail Sarfraz
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ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed the revised revenue collection target of Rs 9.2 trillion for 2023-24, it is learned.

The FBR has provisionally collected Rs 9,285 billion till July-June 29, (2023-24) against the revised target of Rs 9,252 billion for 2023-24, amassing the assigned target for the outgoing fiscal year.

March collection target too missed by FBR

The original target was set at Rs 9.4 trillion for 2023-24 which has been downward revised to Rs 9.2 trillion for the outgoing fiscal year. The target has been successfully achieved for the whole fiscal year of 2023-24, they added.

The revenue collection figures of the FBR will cross Rs 9.3 trillion by the end of current fiscal year.

FBR collection target

Comments

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Aam Aadmi Jul 01, 2024 06:48am
Congratulations FBR! Please remember that the collected amount includes the amount that has not been refunded 'due' to the tax payers. I am personally waiting for my refund for the last 5 years.
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