FBR Jul-Feb 2021 revenue collection 18 billion over target.

[Pakstallion]

Jul-Feb (2020-21): Rs18bn increase in net revenue collection

ISLAMABAD: The net revenue collection of the Federal Board of Revenue (FBR) stood at Rs 2916 billion during Jul-Feb...

www.brecorder.com

Tax collection ahead of target and hope inshallah they meet their target of 4900 billion (or the lower IMF one).

After the current account deficit, the fiscal deficit has been the most challenging for the PTI government. If they are able to instill a tax paying culture in Pakistan, it will have a multiplier effect of benefits. They will leave the country in better shape than they found it, inshallah.

 

[Kabira]

set low target for first 8 months vs total per year target. Claim victory every month and then by April beg IMF to lower target. Lmao

Good luck collecting rs2000 billion in last 4 months.

 

[Samlee]

set low target for first 8 months vs total per year target. Claim victory every month and then by April beg IMF to lower target. Lmao

Good luck collecting rs2000 billion in last 4 months.

Bughz e Imran Is Hard To Cure I Understand

 

[syedtalhamaududi]

It's all from indirect taxes anyway
Increasing fuel, electricity and commodity prices.
All business activities have be curtailed.
The one eyed leading the blind

 

[AsifIjaz]

Historically tax collection is highest from feb/March to June...
The government has a mammoth task to collect the remaining taxes. Hopefully with a reviving economic activity they can achieve it.

 

[Patriot forever]

set low target for first 8 months vs total per year target. Claim victory every month and then by April beg IMF to lower target. Lmao

Good luck collecting rs2000 billion in last 4 months.

I think they will collect 4.5t+. If one factors in the amount of refunds (157b in 8 months) this is huge sum. Past government never issued refunds and kept it to inflate their numbers.
Last 4 months is where the government collects almost 35-40% of taxes historically. It is not an evenly divided scenario.

 

[TheSnakeEatingMarkhur]

Bughz e Imran Is Hard To Cure I Understand

Bahi it really is hard for em... they can never be happy for once

It's all from indirect taxes anyway
Increasing fuel, electricity and commodity prices.
All business activities have be curtailed.
The one eyed leading the blind

Nope its also has income tax revenue even tho low but its increasing as days pass

 

[Jazzbot]

Good luck collecting rs2000 billion in last 4 months.

Tell you what, they are gonna ace that as well. Check historic data, Feb onwards is when biggest chunk of tax is always collected.

 

[Abdulrehman 2978]

Tell you what, they are gonna ace that as well. Check historic data, Feb onwards is when biggest chunk of tax is always collected.

Government will also collect 300 billion tax back from the 1.4 billion tax exemption this tear
PTI government will set next year's tax collection target at 6 trillion rupees. Isnhallah by 2023 governments revenue will be more than its expenses and budget which stand at 7 trillion rupees now

 

[Enigma SIG]

It's all from indirect taxes anyway
Increasing fuel, electricity and commodity prices.
All business activities have be curtailed.
The one eyed leading the blind

Businesses going around great in Pakistan. Or were you talking about PMLN's money laundering business?

 

[syedtalhamaududi]

Businesses going around great in Pakistan. Or were you talking about PMLN's money laundering business?

Wow so good business means growing unemployment and poverty

 

[Samlee]

Wow so good business means growing unemployment and poverty

Yes Just Like Times of Nawaz Sharif And His Extremely Competent Ahsan Iqbal

"Some 140 textile mills have closed their operations, while another 75 to 80 mills are on the verge of closure due to high cost of doing business. According to All Pakistan Textile Mills Association (APTMA), with the closure of 140 textile mills, about one million workers have lost their jobs and further closures will add to the unemployment figure by another 0.5 million. Due to the closure of about 140 mills with various mills operating below capacity, textile exports are suffering a loss of over $4 billion per annum, he added."

APTMA laments high cost of doing business – Business Recorder

fp.brecorder.com

 

[Amaa'n]

It's all from indirect taxes anyway
Increasing fuel, electricity and commodity prices.
All business activities have be curtailed.
The one eyed leading the blind

can you correct your location flags

 

[Syed1.]

set low target for first 8 months vs total per year target. Claim victory every month and then by April beg IMF to lower target. Lmao

Good luck collecting rs2000 billion in last 4 months.

Yeah we miss the days of your daddy Nawaj when target was 3000 and 1000 of that was met through import fees.

 

[Enigma SIG]

Wow so good business means growing unemployment and poverty

When Nawaz was in power I saw people gorging on gold with my own true eyes. They even shat gold bricks.