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Home Budget

Pakistan Exceeded Tax Revenue Target by Collecting PKR 760 Billion in May 2024

admin-augaf by admin-augaf
May 31, 2024
in Budget, Business, National, News
Reading Time: 1 min read
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FBR Collections Grow by 30% to Rs.5.1 Trillion Till Mid February
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Islamabad May 31 2024: FBR has exceeded the revenue target by collecting PKR 760 billion for the month of May 2024 against the assigned target of PKR 745 billion.

The overall revenue growth remained 31% during the first eleven months of the year as compared to the same period last year.

During the month of May, 2024, FBR has registered remarkable growth of 33% as compared to May 2023. The growth in domestic taxes has been 43.0% during the month which is very impressive. It has been the policy of the government to mobilize more resources from the domestic taxes. Team FBR has put in a lot of effort to achieve assigned revenue targets. 

Chairman FBR appreciated the determination and hard work depicted by FBR officers and officials. FBR is poised to achieve assigned target for the last month of the current financial year i.e. June, 2024.

Tags: FBRtax collection
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