ISLAMABAD: Tax collection by the Federal Board of Revenue (FBR) rose by 27.22 per cent to Rs229 billion in November 2015 from Rs180bn in the same month last year.

The total collection stood at Rs1.044 trillion during July-Nov 2015-16 as compared to Rs904bn in the same period last year, an increase of 15.49pc.

FBR Spokesperson Muhammad Iqbal informed that November’s target has been achieved. He expects the final collection to be higher.

The board also issued refunds of Rs36bn as compared to Rs34bn issued during July-Nov 2014-15.

Published in Dawn, December 1st, 2015

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Reserved seats
15 May, 2024

Reserved seats

AFTER the Supreme Court took exception to its decision to hand over reserved seats claimed by the Sunni Ittehad...
Secretive state
15 May, 2024

Secretive state

THERE is a fresh push by the state to stamp out all criticism by using the alibi of protecting national interests....
Plague of rape
15 May, 2024

Plague of rape

FLAWED narratives about women — from being weak and vulnerable to provocative and culpable — have led to...
Privatisation divide
Updated 14 May, 2024

Privatisation divide

How this disagreement within the government will sit with the IMF is anybody’s guess.
AJK protests
14 May, 2024

AJK protests

SINCE last week, Azad Jammu & Kashmir has been roiled by protests, fuelled principally by a disconnect between...
Guns and guards
14 May, 2024

Guns and guards

THERE are some flawed aspects to our society that we must start to fix at the grassroots level. One of these is the...