*ISLAMABAD: *The Pakistan Tehreek-e-Insaf (PTI) government, in its first year in power, has failed miserably in achieving the revenue target of Rs4.39 trillion.
The Federal Board of Revenue collected Rs3.84 trillion in the fiscal year 2018-19, depicting a shortfall of Rs556 billion.
As per the sources, the tax department actually collected Rs3.8 trillion in taxes, while it included Rs42 billion, which was collected through the tax amnesty scheme, in its overall revenue statistics.
This is the highest shortfall that the FBR has witnessed in recent years. The department had collected Rs3.75 trillion in 2017-18, with a shortfall of Rs184 billion.