Budget targets for FY2010-11 achieved: Federal Board of Revenue

Islamabad: Federal Board of Revenue refutes the contents of a report appearing in a section of the press and reiterates that the assigned budget targets for the FY 2010-11 has been achieved, according to the provisional data. This data, as per prescribed practice, would be firmed up during the course of this month and the final figures would be issued thereafter.

It may be noted that adjustments and corrections are a part of the normal accounting procedures. Based on the ongoing rendition of account and reconciliations, the FBR shall shortly issue the final data for public information. At present, there is no change in the provisional revenue collections announced on 30th June, 2011.

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