FBR Collects Rs4.86 Trillion in Taxes in10 Months

The Federal Board of Revenue (FBR) has collected Rs4.86 trillion in taxes during the first 10 months of current fiscal year, leaving itself with a task to collect another Rs1.24 trillion in just two months to achieve the revised annual target.

According to the provisional information, the FBR generated Rs4.86 trillion in taxes during July-April of current financial year (2021-22), showing an increase of nearly 29% over the collection made during the same period of previous fiscal year.

In absolute terms, the collection was Rs1.1 trillion more than the previous year.