FBR realizes revenues of Rs.1664 billion
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."