Miftah Ismail said in a Twitter thread, “FBR has collected Rs 5122 billion in current FY (Jul 21- Apr 22) up from Rs 3981 billion during Jul 20-April 21, registering 28.7% growth. Refunds of Rs 264 b disbursed during Jul 21-Apr 22 compared to Rs 203 b paid last year, up by 30.1%. The FBR team deserves appreciation.”
He added, “A big factor in the increase however was increased imports. For instance, sales tax at import stage grew by 58% while it declined by 2% for local goods. With the right mix of policies and tools I am sure this team will perform even better & to the expectations of the nation.”
