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RECORD INCREASE OF 14 % REVENUE COLLECTION DURING FIRST SIX MONTHS OF CFY

Posted on January 30, 2015May 26, 2025 By admin No Comments on RECORD INCREASE OF 14 % REVENUE COLLECTION DURING FIRST SIX MONTHS OF CFY
Jan. 08, 2015 RECORD INCREASE OF 14 % REVENUE COLLECTION DURING FIRST SIX MONTHS OF CFY

During the month of December, 2014, FBR has made a net collection of Rs.270,216 million as against net collection of Rs. 231,539 million during December, 2013 showing an cheap breitling replica increase of 17%. From July, 2014 to December, 2014, FBR made a gross collection of Rs.1,230,376 million and issued AAA ETA Rolex refunds of Rs.58,508 million, resulting in net collection of Rs.1,171,868 million, whereas last year during first six months, FBR had made a gross collection of Rs.1,081,937 and after issuing Breitling Replica watches of refunds of Rs.56,522 made a net collection of Rs.1,031,415 million, indicating a record increase of Rs.140,453 million which in percentage terms comes to around 14%.

Details of collection during July-December, 2014 as compared to July-December, 2013 are as under:

                                                                                             (Rs.  in Million)

Revenue Head

Up to December 2014

Up to December 2013

Gross

Rebate/ Refund

Net

Gross

Rebate/ Refund

Net

1

2

3

4

5

6

7

Domestic Taxes

1,089,759

53,182

1,036,576

972,829

51,502

921,327

Direct Taxes

489,426

30,500

458,926

414,506

32,522

381,983

Sales Tax (a+b)a) ST (Import)b) ST (Domestic)

536,439

274,818

261,621

22,682

53

22,630

513,757

274,766

238,991

500,661

246,689

253,972

18,977

9

18,968

481,683

246,680

235,004

FED (a+b)a) FED (Import)b)FED (Domestic)

63,893

8,172

55,721

0

0

0

63,893

8,172

55,721

57,662

4,175

53,487

2

1

1

57,660

4,175

53,486

Customs

140,617

5,325

135,292

115,108

5,020

110,088

Grand Total

1,230,376

58,508

1,171,868

1,087,937

56,522

1,031,415

Shahid Hussain Asad
Member (Inland Revenue Policy)
Press Release Tags:collection during first six months of cfy sap, FBR, REVENUE COLLECTION, revenue collection during first six months of cfy pakistan, revenue collection in pakistan, tax collection

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