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Home Islamabad

Tax collection thru audit falls by 24%

byCT Report
10/10/2016
in Islamabad, Latest News
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ISLAMABAD: The tax collection through audit has fallen by 24 percent during the last fiscal year to Rs87.88 billion from previous collection of Rs115.5 billion.

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According to annual report released by Federal Board of Revenue (FBR), the collection of arrears decreased by 35 percent to Rs15.25 billion in 2015-016 as compared with Rs23.61 billion in preceding fiscal year. Similarly, the collection under current demand fell by 21 percent to Rs72.63 billion from Rs91.88 billion.

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