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Print Print edition: 2025-01-01

FBR misses Dec revenue target

Published January 1, 2025 Updated January 1, 2025 03:05pm
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By Sohail Sarfraz
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ISLAMABAD: The Federal Board of Revenue has failed to achieve its monthly tax collection target of December 2024.

According to details, the tax department has collected Rs 1326 billion in December 2024 against the assigned target of Rs1373 billion in December 2024.

Overall, FBR has collected Rs5623 billion in six months (July-December) 2024-25 against the assigned target of Rs6009 billion for this period.

Around Rs148bn shortfall: FBR likely to collect Rs1.225trn this month

The FBR has suffered massive shortfall in revenue collection of Rs 386 billion during first six months of 2024-25 against the assigned target of Rs 6009 billion for this period.

Copyright Business Recorder, 2024

FBR revenue

Comments

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Az_Iz Jan 01, 2025 03:29am
Glass is half full.
0
SAd Jan 01, 2025 12:19pm
Two years ago our full year tax collection was Rs 6200B & now we have collected Rs 5623B in six months alone. Remarkable performance. Shortfall of 386B seems small as economic activity will be pickup.
0
mustafa Jan 01, 2025 05:04pm
we need lil bit more tax on petroleum products.
0
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