Revenue Collection Reaches 99 Percent
March 15, 2021 | Investopaper
In the first eight months of the current fiscal year, the country’s overall internal revenue collection has reached 99 percent.
The revenue collection target for the first eight months has been set at Rs 255 billion. Until the review period, the revenue worth Rs 253 billion have been generated so far.
According to the Inland Revenue Department, 98 percent of the income tax, 111 percent of the value added tax and 86 percent of the excise duty were collected during the period.