Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

FBR reports 16pc rise in monthly tax collection for August 2025

byCT Report
04/09/2025
in Breaking News, Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The Federal Board of Revenue (FBR) has reported a 16 percent increase in monthly tax collection for August 2025, along with an 11 percent year-on-year rise.

According to official figures, the FBR collected Rs 886 billion in August 2025, compared to Rs 765 billion in July 2025. In the same month last year (August 2024), the collection stood at Rs 797 billion.

You might also like

Zong & Zindigi launch Z-Wallet, bringing embedded banking to millions of My Zong App users

17/08/2026

Bilal Azhar Kayani reaffirms government’s commitment to cashless economy

17/08/2026

However, the collection for August 2025 fell short of the target of Rs 951 billion, missing the mark by Rs 64 billion.

During the first two months of the current fiscal year, the total tax collection reached Rs 1,651 billion against the target of Rs 1,698 billion, showing a shortfall of Rs 47 billion.

Earlier, the Federal Board of Revenue (FBR) successfully met and surpassed its tax collection target for the first month of the current fiscal year.

According to sources, the FBR collected Rs 755 billion in July, exceeding the assigned target of Rs 748 billion.

This performance reflects the government’s renewed focus on revenue generation and tax compliance.

Breakdown of the July collections shows that Rs 324 billion was collected under income tax, while sales tax collections stood at Rs 353 billion.

Additionally, Rs 46 billion was generated through federal excise duty, and Rs 113 billion came from customs duty.

For the ongoing fiscal year, the FBR has been given an ambitious annual tax collection target of Rs 14,131 billion.

Sources emphasised that achieving monthly tax goals is crucial, as it is one of the primary conditions set by the International Monetary Fund (IMF) under the existing financial support program.

The higher-than-expected revenue performance in July is seen as a positive indicator for Pakistan’s economy as it seeks to stabilise its fiscal position and maintain its commitments to international lenders.

Similarly, in a report by the Federal Board of Revenue (FBR), a total FBR tax collection of Rs. 1,017.8 billion for the fiscal year 2024-25 was mentioned, according to written feedback by the Ministry of Finance, submitted in the Senate.

This was a key achievement in Pakistan’s income-generating efforts, with FBR tax collection presenting remarkable growth across the main categories.

Related Stories

Zong & Zindigi launch Z-Wallet, bringing embedded banking to millions of My Zong App users

byCT Report
17/08/2026

ISLAMABAD: Zong, Pakistan’s leading technology services enterprise, has partnered with Zindigi, powered by JS Bank, to launch Z-Wallet, bringing regulated...

Bilal Azhar Kayani reaffirms government’s commitment to cashless economy

byCT Report
17/08/2026

ISLAMABAD: Minister of State for Railways and Finance Bilal Azhar Kayani, reaffirmed the Government of Pakistan’s commitment to advancing a...

Pakistan opens humanitarian lifeline, allows 724 relief trucks into Afghanistan

byCT Report
17/08/2026

ISLAMABAD: Pakistan has allowed 724 truckloads of humanitarian relief cargo to cross into Afghanistan through the Torkham border crossing in...

Sales tax chaos: Hybrid vehicle makers halt production

byCT Report
17/08/2026

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded an immediate rollback of the sales tax...

Next Post

IMF finds 9 flaws in Pakistan’s finance system

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.