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Tax Collection During July-Jan FY19 increases by 3.26 Percent

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February 9, 2019 (MLN): Revenue collection during July-January FY19 increased by Rs.65 Billion, or 3.26%.

According to figures released by the Federal Bureau of Revenue (FBR), total collection during the first seven months of FY19 amounted to Rs. 2,060 billion compared to Rs.1,995 Billion during the same period last year.

Income tax collection stood at Rs. 755 Billion in FY19 compared to Rs.754 Billion from last year, showing a marginal increase.

Sales tax collection decreased by Rs.7 Billion to Rs.798 Billion compared to Rs.805 Billion last year, while FED amount increased by Rs.13 Billion to Rs.117 Billion, an increase of 12.5%.

Custom Duty during the first seven months amounted to Rs.389 Billion, compared to Rs.330 Billion last year.

 

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Posted on: 2019-02-09T14:15:00+05:00

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