‘FBR to go extra miles for achieving annual target’

Newly-inducted FBR Chairperson Nausheen Javed has said that FBR is determined to achieve its target of PKR 5.2Tn for FY20 through new measures to counterbalance the revenue setback due to lower sales, federal excise and customs duty collection. Nausheen took the helm following a controversial exit of Shabbar Zaidi from the apex tax authority’s top echelon. FBR has provisionally collected PKR 2.4Tn during 7MFY20 and it needs to collect more than PKR 2.8Tn in the remaining 5MFY20.