PM Imran praises FBR for record revenue in July

• PM Imran praised FBR for achieving a record revenue of 410 billion rupees in July.
• “As of now, the amount received is 410 rupees, which is the highest ever in July,” he said.
• He described the record tax revenue as a reflection of the government’s continued economic growth and recovery policies.

Islamabad: Prime Minister Imran Khan praised the Federal Revenue Service (FBR) for achieving a record revenue of 410 billion rupees in July 2021. news Reported on Saturday.

PM Imran Khan said on Twitter: “As of now, the collection is 410 rupees, which is the highest level ever recorded in July and is about 22% higher than the target required for that month.”

He described the record revenue revenue as a reflection of the policies adopted by the PTI-led government for sustained economic growth and recovery.

In early July, the Federal Revenue Service (FBR) exceeded the taxation target of Rs 46,910 crore for the 2020-21 fiscal year and successfully collected Rs 47,250 crore.

However, the FBR failed to achieve its original envisaged tax target of 49,630 billion rupees for 2020-21. According to the agreement of the International Monetary Fund, the target was lowered to 46,910 billion rupees.

According to FBR sources, taxes have increased by 18.2% this fiscal year.