FBR re­al­izes rev­enues of Rs.1664 bil­lion

The Pak Banker - - NATIONAL -

The Fed­eral Board of Rev­enue (FBR) has re­al­ized Rs.1664 bil­lion rev­enues upto Fe­bru­ary 15 against the col­lec­tions of Rs.1404 bil­lion taxes in the same pe­riod of last fis­cal year, show­ing an in­crease of 18 per­cent, a se­nior of­fi­cial of the board said. Spokesman of FBR, Dr. Muham­mad Iqbal told APP here Mon­day that the FBR had per­formed well in tax col­lec­tion and it col­lected 17 per­cent more taxes dur­ing first 15 days of Fe­bru­ary 2016 as com­pared to same pe­riod of last year.

He said dur­ing the pe­riod, Rs.78.6 bil­lion were col­lected as com­pared to the col­lec­tion of Rs 66.9 bil­lion dur­ing same pe­riod of last year. The FBR spokesman said "We had is­sued no­tices to 300,000 non tax fil­ers whereas cur­rently one mil­lion peo­ple are fil­ing their tax re­turns in the coun­try."

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