ISLAMABAD: The government has achieved 99.6 percent tax collection target during the fiscal year 2015-16.
This was revealed by Parliamentary Secretary for Finance Rana Muhammad Afzal on Thursday, while replying to a question of Sheikh Salahuddin regarding the tax collection targets in the National Assembly.
The parliamentary secretary said that target was achieved to the extent of 99.6 per cent during July-December, 2015-16. He said the provisional collection during July-December, 2015 was Rs1,385 billion against target of Rs1,390 billion. The target of FBR collection for the second quarter (Oct-December) was Rs750 billion. According to the provisional figures, a collection of Rs785 billion was made during this period and Rs35 billion were collected in excess of the target, he said.
