ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed the monthly revenue collection target of Rs 180 billion for August 2014 as it collected over Rs 181 billion during the month.
Official data obtained by Customs Today showed that the FBR has provisionally collected over Rs 181 billion during the first 29 days of August 2014 against assigned monthly revenue collection target of Rs 180 billion with an increase of over Rs 1 billion.
The revenue collection figures were expected to increase further on compilation of final figures in coming days.
The FBR has achieved the revenue collection target despite slowdown in economic activities and ongoing political situation.