LAHORE: The Federal Board of Revenue (FBR) has achieved 99.6 percent tax collection target during the first six months of 2015-16.
Sources told Customs Today that the target was achieved to the extent of 99.6 percent during July-December, 2015-16. It was added the provisional collection during July-December, 2015 was Rs 1,385 billion against target of Rs 1,390 billion. The target of FBR collection for the second quarter i.e. October-December 20l5 was Rs 750 billion.
According to the provisional figures, a collection of Rs 785 billion was made during this period and Rs 35 billion were collected in excess of the target, they said.
