FBR collected Rs 659.2bn in July 2024, exceeding its target, and issued Rs 77.9bn in refunds.

The Federal Board of Revenue (FBR) collected Rs 659.2bn in July 2024, exceeding its target of Rs 656bn, and issuing Rs 77.9bn in refunds. Income Tax, Sales Tax, Federal Excise Duty, and Customs Duty contributed Rs 300.2bn, Rs 307.9bn, Rs 37.4bn, and Rs 91.7bn respectively. The FBR's success in the first month highlights the dedication of officials to meet the assigned target for the financial year 2024-25.

July 31, 2024
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