PM lauds FBR over ‘historic’ tax collection of over Rs4,000bn

Prime Minister Imran Khan on Saturday commended efforts of the Federal Bureau of Revenue (FBR) over crossing tax collection of Rs4,000 billion in a fiscal year for the first time ever in Pakistan’s history.

Taking to Twitter to laud the FBR, the prime minister apprised that the tax collections have reached Rs4,143 billion during a period of 11 months.

“During [July]-May our collections reached Rs4143 billion & still counting – 18% higher than the same period last year,” Imran Khan said in his message adding that it reflects broad-based economic revival spurred by government policies.

The prime minister in another tweet earlier said that Pakistan’s gross domestic product (GDP) growth for this fiscal year was estimated at 3.94 per cent.

The PM said, “National Accounts Committee has finalised GDP growth estimate and GDP growth is estimated at 3.94 per cent.”

He maintained that it reflects the success of his government’s economic policies while managing Covid- 19 pandemic.

“Our V-shaped recovery is balanced between three major sectors – agriculture, industry and services, the prime minister added.

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  1. Can some reporter please analyze what changed? Where the gains are exactly coming in from? Which tax or industry brought in the additional contribution Vis a vis last year?

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