FBR collects Rs580bn in two months

ISLAMABAD: The Federal Board of Revenue (FBR) has achieved 90 per cent revenue collection target set for the first two months of the Fiscal Year 2019-20.

FBR Chairman Shabbar Zaidi in a post on Twitter said, “FBR collection in this month is 297.4B despite 8-10 non-working days. So far, FBR’s target for FY2019-20 has been achieved to the extent of 90 per cent. 580 billion against the target of 644 billion.”

“The positive aspects for the two months of FY2019-20 are that imports during the two months decreased by $1 billion,” he said, adding, the positive effect is taken into account, collection during the past two months is in line with the target.

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