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FBR Incurs. Rs. 166 Billion Shortfall in November Tax Collection

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Legal Editorial Desk
FBR Incurs. Rs. 166 Billion Shortfall in November Tax Collection
The Federal Board of Revenue (FBR) has collected Rs. 837 billion during November 2024 against the target of Rs. 1,003 billion, reflecting a shortfall of Rs. 166 billion. The provisional revenue collection stood at Rs. 837 billion in November 2024 which is expected to be increased on November 30 on compilation of final figures on Saturday (today). So far, the FBR has collected Rs. 4,277 billion during the first five months of 2024-25 against the assigned target of Rs. 4,639 billion set for July-November of the current fiscal year, reflecting a shortfall of Rs. 362 billion.
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Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

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