FBR exceeds revenue target by Rs 35 billion in seven months

The Federal Board of Revenue (FBR) has collected Rs 5,150 billion in the first seven months (July-Jan) of the current fiscal year (FY24), surpassing the set target of Rs 5,115 billion by Rs 35 billion.

This represents a growth of 29.6% from the Rs 3,973 billion collected in the same period of the previous fiscal year (FY23).

The FBR maintained its impressive performance in January 2024,…