FBR Press Release

FBR collects over Rs 268 billion in September, over Rs. 600 billion in first quarter Overall revenue collection also goes up by 11%

During the month of September, 2015, according to the provisional figures received so far, FBR has made a net collection of more than Rs. 268 billion, as against net collection of Rs. 228 billion made last year showing an increase of 17.5%. It is expected that the final collection would further increase when the final figures are received.

From July, 2015 to September, 2015, FBR made a net collection of more than Rs. 600 billion as against net collection of Rs. 541 billion made last year resulting an increase of 11%. This is after having issued refunds of Rs.30 billion as against Rs. 21 billion issued during first quarter of last year resulting an increase of refunds at 42.85% as compared to last year. This may be highlighted that this higher collection has been made by the FBR field formations working with a missionary spirit and tireless zeal to improve the economic health of the country despite strikes by the traders on the issue of 0.6%/0.3% withholding tax on bank instruments of non-filers and Eid Holidays during the months of July and September, 2015. Details of collection during July-September, 2015 as compared to July-September, 2014 are as under: