FBR misses October tax target; Rs116bn gap projected
Collections stood at Rs975 billion against a Rs1,131 billion October goal, with officials expecting about Rs40 billion more if Saturday operations continue.
The FBR set an October tax collection target of Rs1,131 billion.
Collections so far stand at Rs975 billion, Rs156 billion below the target.
Officials expect about Rs40 billion more if selected tax offices and bank branches stay open on Saturday.
Even with that extra intake, the month is likely to miss the goal by about Rs116 billion.