Federal Board of Revenue (FBR) announced to achieve tax targets set for the first year of the fiscal year 2020-2021.
The FBR spokesman said while terming the collection as 125% of the tax targets “We have collected Rs 300 billion in July, crossing the tax targets by Rs 57 billion,”
The FBR spokesman further said that we received an excess amount of Rs. 52 billion from the Inland Revenue and Rs 5 billion additional amount in terms of customs duty, We have also given a relief of Rs 25 billion under customs duty, He added
He also that the business community was also given refunds of Rs 15 billion in terms of inland revenue in July this year, a figure more than double from the same month of the previous year.
Your email address will not be published. Required fields are marked *