Tax collection rises 14pc to Rs748.6bn
ISLAMABAD: The Federal Board of Revenue (FBR) collected Rs748.6bn in July, surpassing its monthly target and posting a 14 per cent year-on-year increase, signalling renewed economic momentum in the country.
The collection in July compares with Rs659bn in the same month last year. The performance reflects a promising start to the fiscal year and aligns with the government’s push for stronger enforcement and tax compliance.
In FY25, the FBR missed its annual target by nearly Rs163bn, collecting Rs11.737tr against a revised........
© Dawn Business
