Finance Minister lauds FBR for exceeding revenue target

Web DeskJuly 1, 2024 11:17 PMbusiness
  • FBR surpasses revenue collection target for FY 2023-24
  • Minister Aurangzeb praises FBR's efficiency and dedication
  • Government emphasizes strengthening revenue collection and digitalization
Finance Minister lauds FBR for exceeding revenue targetImage Credits: radio.gov.pk
The Finance Minister praises the FBR for exceeding revenue targets, highlighting the government's commitment to enhancing revenue collection and promoting economic growth through effective tax mechanisms.

The Finance Minister, Muhammad Aurangzeb, has commended the Federal Board of Revenue (FBR) for surpassing the revenue collection target for the financial year 2023-24. The FBR successfully collected a total of 9,311 billion rupees, showcasing its efficiency and dedication to enhancing revenue collection in the country.

During a recent meeting, Minister Aurangzeb lauded the efforts of the FBR and emphasized the government's commitment to strengthening the board's operations. The focus was on promoting revenue collection, advancing digitalization initiatives, and encouraging economic documentation.

This achievement reflects the government's proactive approach towards improving financial stability and promoting transparency in revenue generation processes. The successful outcome of the FBR's efforts underscores the importance of effective tax collection mechanisms in driving economic growth and development.

The commendation from the Finance Minister highlights the significant progress made by the FBR in meeting and exceeding revenue targets. This accomplishment not only demonstrates the board's capabilities but also underscores the government's commitment to fostering a robust financial system for sustainable economic growth.

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