Federal Board of Revenue released details of tax collection by the month of May during the ongoing financial year 2019-2020.
As per details, the FBR collections in terms of taxes and duties witnessed a 7.7% increase by the month of May as compared to the same period of the last fiscal year.
FBR while Sharing details, the tax collection body said that it collected an amount of Rs 3,518 billion by the month of May this fiscal year in terms of duties and taxes as compared to Rs. 3,266 billion collected during the last year.
It also said the FBR collected Rs. 227 billion in terms of taxes and duties during the month of May 2020.
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