FBR achieves revenue target of Rs527 billion set for February: minister

FBR achieves revenue target of Rs527 billion set for February: minister

Islamabad (Web Desk): Federal Minister for Finance and Revenue Ishaq Dar on Wednesday said that the Federal Board of Revenue (FBR) achieved revenue target for February 2023 by collecting Rs527.2 billion.

In a post on Twitter, the minister wrote that the revenues registered growth of 17% compared to collection during the same month of last year (2021-22).

"Cumulatively, FBR has collected Rs4,493 billion in first eight months of current fiscal year against Rs3,820 billion in the corresponding period last year depicting growth of 18 %.

The finance minister added that FBR continues to show impressive performance during third quarter of current fiscal year which displays its commitment towards achieving revised upward annual budgetary revenue target of Rs7,640 billion despite economic challenges.