FBR achieves revenue collection target of Rs5.83tr in 8MFY24

MG News | February 29, 2024 at 11:12 PM GMT+05:00

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February 29, 2024 (MLN): The Federal Board of Revenue (FBR) has successfully achieved the revenue collection target for the first eight months of FY24, collecting Rs5.83 trillion, it said on its social media account, X (formerly Twitter).

In the month of February 2024, the FBR collected Rs681 billion as against a collection of Rs519bn a year earlier, registering a growth of 32% YoY.

On a monthly basis, the tax collection remained stable against a collection of Rs680 in January 2024.

Cumulatively, in 8MFY24, the growth was registered at 30% YoY as against the collection in 8MFY23.

	2022-23	2023-24	% Growth
July	462	538	17
August	494	669	36
September	688	834	21
October	516	707	37
November	534	736	38
December	735	985	34
January	545	680	25
February	519	681	32

Amount in PKR Billion

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