Income tax collection falls short in March, trend to persist in April: FBR

2 ISLAMABAD: Pakistan’s income tax collections fell short in March 2020 and were unlikely to meet the target in April as well, the Federal Board of Revenue (FBR) said Tuesday, adding that a further reduction in the prices of petroleum products would increase the revenue shortages. Speaking at a press briefing, FBR spokesperson Hamid Ateeq Sarwar said the tax collections dipped due to the coronavirus pandemic.