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Home Business & Stock

FBR surpasses 9 months target by over Rs 240 bn: Tarin

MM News Staff by MM News Staff
April 2, 2022
Reading Time: 2 mins read

ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin has applauded the nation on the Federal Board of Revenue (FBR) surpassing its nine months target by over Rs.240 billion in annual revenue target.

Shaukat Tarin applauded the FBR for surpassing its 9 months target by over Rs.240 billion posting an ever highest growth of 30 percent, he said on his official Twitter account. 

I congratulate the nation on FBR surpassing its 9 months target by over Rs.240 billion posting an ever highest growth of 30%. At this run rate we are all set to knock down the annual target of Rs. 6.1 trillion, Insha’Allah.

— Shaukat Tarin (@shaukat_tarin) April 1, 2022

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Read more: FBR registers 33pc growth in sales tax in sugar sector

Earlier, the Federal Board of Revenue (FBR) has registered 33 percent growth in Sales Tax from Sugar Sector through Track and Trace System.

Federal Board of Revenue(FBR) has achieved one more milestone through successful implementation of Track and Trace System(TTS)on Sugar Sector during the current crushing season, said a statement issued by FBR.

The innovative digital monitoring system of sugar production has been implemented over 79 sugar mills, having 151 production lines nationwide.

Tags: FBR
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