Abb Takk News

3751 Billion Provisional Net Revenue Collected by FBR

Islamabad (July 10, 2018): Federal Board of Revenue (FBR) has recorded a provisional net revenue collection of over Rs 3751 billion during fiscal year 2017-18. 

According to a statement of FBR, this collection is 11.4 percent higher than Rs 3,368 billion collected during fiscal year 2016-17. While the board also issued Rs 45 billion more refunds than the previous year.According to FBR, assigned revenue targets for Inland Revenue Service were 3,335 billion rupees, while target for Customs was 600 billion rupees.

Customs has surpassed its target by 6 billion rupees and Inland Revenue fell short by 190 billion rupees.

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