The Federal Board of Revenue (FBR) has provisionally collected Rs 1,915 billion during July-February (2016-17) against target of Rs 2,076 billion, reflecting a shortfall of Rs 161 billion. According to sources, the FBR has provisionally collected Rs 227 billion in February 2017 against monthly target of Rs 250.6 billion, reflecting a shortfall of Rs 23.6 billion.

So far provisional collection stood over Rs 227 billion during February 2017. On the other hand, the revised target for February 2017 has been set at Rs 250.6 billion. Therefore, shortfall in collection is around Rs 23.6 billion. The FBR has provisionally collected Rs 227 billion in February 2017 against Rs 192 billion in same period last fiscal, reflecting a growth of 18 percent.

Data further revealed that the FBR provisionally collected Rs 1,915 billion during July-February (2016-17) against target of Rs 2,076 billion, reflecting a shortfall of Rs 161 billion. The Board has provisionally collected Rs 1, 915 billion during July-February (2016-17) against Rs 1,773 billion, reflecting a growth of 8 percent.

Copyright Business Recorder, 2017