Daily The Business

FBR claims to achieve revised revenue of target of Rs 3907b for FY 2019-20

Our special correspondent

LAHORE: Federal Board of Revenue (FBR) has collected 411 billion revenue in the month of June, 2020 against the set target of 398 billion. With the addition of revenue collected in the month of June till 3 p.m on the last day, FBR has also achieved the revised target of 3907 billion for the Financial Year 2019-20. FBR has collected the revenue of 3957 billion which is 50 billion more than the set target.

This is the first time in the history that FBR has managed to achieve the target of four trillion in a Financial Year which is particularly commendable in the wake of the ongoing Corona outbreak. It is pertinent to mention that FBR has lost more than thirty employees due to Corona Virus which also include a grade-22 Customs Officer Muhammad Zahid Khokhar.

FBR employees have been performing their duties with great devotion and zeal particularly in such dangerous situations when their own lives were at stake due to the Corona outbreak.

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