The Federal Board of Revenue (FBR) has exceeds monthly tax collection target, with collection of 443bn. Now the FBR’s collection stands at Rs3,799 billion during the first eight months (July-Feb) of the current fiscal year and for materializing the upward revised target of Rs6.1 trillion, the Board would have to collect Rs2.3 trillion in the rest four months (March-June) of financial year 2021-22. The FBR’s tax collection target was jacked up from Rs5.8 trillion to Rs6.1 trillion for end June 2022 under the IMF agreement. The increased imports helped the FBR to exceed its target. In the last two months (December and January) the FBR had failed to achieve monthly target, but in February it surpassed the target with a slight margin of just Rs2 billion.