FBR Chairman Directs Enforcement of Additional Tax Measures

Federal Board of Revenue (FBR) Chairman Asim Ahmad has directed the senior Inland Revenue officials of Karachi to enforce/monitor additional taxation measures taken through the mini-budget for the achievement of the revised upward annual target of Rs.7,641 billion for the fiscal year 2023-23 (FY23). To review revenue performance for the month of March 2023, a day-long meeting was held at FBR Headquarters by IR Operations wing with Chief Commissioner IR and Commissioners IR of Large Tax Office (LTO) Karachi which was chaired by the FBR chairman. The FBR has collected Rs. 4,493 billion in the first eight months of the current financial year against Rs. 3,820 billion collected in the corresponding period of last year depicting a year-over-year growth of 18 percent.