ISLAMABAD: The Federal Board of Revenue (FBR) has shown a historic performance regarding revenue collection in the first eight months of the current fiscal year 2014-15.
The FBR collected Rs 1,519 billion revenue, showing 13 percent increase in collection, as only Rs 1,341 billion was collected during the same time last year 2013-14.
Talking about the monthly performance, the FBR collected Rs 182 billion until February 27, showing 27 percent growth when compared with February of last year, as only Rs 143 billion was collected than.
The current performance of the FBR has silenced the critics. In the current situation of country and in such a tax culture where nobody is ready to pay tax, collection of such a huge amount is admirable.
Despite this historic performance, the government is giving a tough time to the FBR.
The board is trying to do well in accordance with the government’s orders, which is evident by the performance in revenue collection.
