The Federal Board of Revenue (FBR) has achieved a historic milestone by collecting a record Rs 9.3 trillion in revenue, surpassing its targets and exceeding expectations.
This impressive feat is a testament to the FBR’s efforts to strengthen the country’s revenue collection mechanisms and ensure a more robust and sustainable economic future.
The FBR’s revenue collection has shown a significant increase of 30.8% compared to the corresponding period last year, with income tax collection rising by 40.6% and sales tax collection increasing by 19.6%.
This growth is attributed to the government’s policies aimed at mobilizing more resources for domestic taxes, as well as the hard work and determination of the FBR team.The achievement of this milestone is a positive indicator of the country’s economic growth and stability.
The FBR’s efforts to enhance revenue collection will continue to play a vital role in shaping Pakistan’s economic landscape.
As the country moves forward, it is essential to maintain this momentum and continue to implement policies and strategies that promote economic development and prosperity.