During October 2019 FBR Collects Rs.320 Billions

During October 2019 FBR Collects Rs.320 Billions

Islamabad: Chairman of the Federal Board of Revenue (FBR) received tax of Rs 320 billion in the month of October, while revenue collection increased by 16 percent.

Speaking on the micro-blogging site Twitter, he said: "Alhamdulillah, FBR has collected Rs 320 billion during the month of October 2019 and it has maintained overall tax of 16% last year and domestic tax over 25%. Is."

He added, "This is after taking into account the negative side of the import shrinkage of about Rs 50 billion."

In another tweet, he said: "The FBR reaffirms its inquiry into 'bond washing' cases for T-bills under confidence so as to avoid a cut in prevention and to confirm its position strongly. Lets say that there is no privacy issue in this regard. Banks are advised to report such information soon.

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