ISLAMABAD: Finance Minister Miftah Ismail on Sunday praised the efforts made by the Federal Board of Revenue (FBR) in a tweet by saying that the team deserves appreciation for the tremendous efforts.
The finance minister tweeted that the collection in the current fiscal year (FY), which is from July 2021-April 2022, was Rs 5122 billion registering a 28.7% of growth.
“Refunds of Rs 264 b disbursed during Jul 21-Apr 22 compared to Rs 203 b paid last year, up by 30.1%. The FBR team deserves appreciation,” he added.
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The minister maintained that the big factor in the increased collection was the surge in exports.
“For instance, sales tax at import stage grew by 58% while it declined by 2% for local goods. With the right mix of policies and tools I am sure this team will perform even better & to the expectations of the nation.”
Whereas, the incumbent government after coming into power removed the Chairman FBR Muhammad Ashfaque and appointed Asim Ahmed with immediate effect a few days ago.
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