PM Shehbaz directs FBR to bridge shortfalls

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to expedite measures to raise revenue for bridging the shortfalls recorded in the first five months of the current fiscal year.

The FBR has recorded a shortfall of over Rs400 billion in the first five months of the current fiscal year compared to the same period last year, making it a challenging task for the government to achieve its budgetary target.

An official announcement said that the prime minister asked authorities concerned to further expand the tax net to achieve revenue targets. The premier made the........

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