July-January period: Rs 2.4 trillion collection shows Rs 218 billion shortfall

The Federal Board of Revenue (FBR) has provisionally collected Rs 2,404 billion during July-January (2019-20) against the downward revised target of Rs 2,622 billion, reflecting a shortfall of Rs 218 billion. According to the provisional figures compiled by the FBR Friday, the FBR has collected Rs 321 billion during January 2020 against the monthly target of Rs 425 billion, reflecting a shortfall of Rs 104 billion.

The FBR has provisionally collected Rs 2,404 billion during first seven months of (2019-20) against Rs 1,794.9 billion during the corresponding period of 2018-19, reflecting an increase of Rs 609 billion. During first six months (July-Dec) period of 2019-20, the FBR had collected Rs 2,083 billion against the downward revised target of Rs 2,197 billion.