Revenue collection swells to Rs 710 billion in fiscal year 2006
RECORDER REPORT
ISLAMABAD (July 14 2006): The revenue collection has crossed Rs 710 billion in July-June (2005-06) against the annual target of Rs 690 billion, reflecting an increase of Rs 20 billion. Sources told Business Recorder on Thursday the collection has surpassed Rs 710 billion as per latest available data.

The reconciliation of revenue receipts between the CBR and the Accountant General of Pakistan Revenue may also improve revenue collection.According to the updated figures, the CBR has collected over Rs 710 billion during 2005-06 against Rs 588.1 billion in July-June (2004-05), showing an improvement of Rs 121.9 billion.

The updated collection in June 2006 has crossed Rs 99 billion against Rs 87.362 billion in the corresponding period last fiscal year, depicting an increase of Rs 11.638 billion.

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