ISLAMABAD: The Federal Board of Revenue (FBR) revenue collection would reach over Rs855 billion during November 2024 against the target of Rs1,003 billion, reflecting a gap of Rs148 billion.
Sources said that till now provisional tax collection stood at Rs851 billion during November 2024 against the assigned target of Rs1,003 billion, showing a gap of Rs152 billion. However, this gap would be reduced to Rs 150 billion during the period under review.
The FBR is expecting additional revenue of Rs4-5 billion on compilation of final figures and reconciliation of data.
FBR shares 46 sets of third-party data with IR field offices
The FBR has collected Rs4,295 billion during first five months of 2024-25 against the assigned target of Rs4,639 billion set for July-November of current fiscal year, reflecting a shortfall of Rs344 billion.
Sharing the updated figures, officials added that the FBR has collected Rs851 billion in November 2024 against Rs736 billion in November 2023, reflecting a massive increase of Rs115 billion.
