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PM Congratulates Nation As FBR Achieves Above The Target Mark

ISLAMABAD: Prime Minister (PM) Imran Khan on Friday congratulated the nation on Federal Board of Revenue’s (FBR) achievement of collecting Rs.1,395 billion of 2021-22 against the target of Rs.1,211 billion.

The premier took to social-networking website and shared the news.

I congratulate the nation on FBR’s achievement of collecting Rs.1,395 billion in Q1 of FA 2021-22 against the target of Rs.1,211 billion. This represents a growth of 38 percent in revenues over the same period last year.

According to the provisional information, FBR has collected net revenue of Rs.1,395 billion during the first quarter of the current Financial Year against the set target of Rs. 1,211 billion, exceeding by Rs. 186 billion.

The net collection for the month of September, 2021 realized Rs. 535 billion representing an increase of 31.2 % over Rs. 408 billion collected in September 2020. These figures would further improve before the close of the day and after book adjustments have been taken in to account.