ISLAMABAD: The Federal Board of Revenue (FBR) announced a remarkable eight-fold increase in revenue collection for the fiscal year 2024–25, attributing the surge to new enforcement initiatives, governance reforms, and enhanced transparency.
According to official figures, FBR recovered Rs. 874 billion through enforcement actions during FY2024–25, compared to Rs. 105 billion in FY2023–24. The significant growth reflects the success of the government’s strategy to strengthen compliance and modernize tax administration.
The FBR highlighted several key sectors and initiatives that contributed to this milestone:
Sugar sector (real-time monitoring) Rs. 25 billion Jul–Dec FY2024–25
Cement sector (real-time monitoring) Rs. 12.8 billion Jul–Jun FY2024–25
Legal settlements (dispute resolution) Rs. 255 billion FY2024–25
Increase in admitted tax liability Rs. 218 billion (up from Rs. 160B) FY2024–25
Customs duty/taxes per GD (Dry Port Lahore East) 40% YoY increase Apr–Jun FY2024–25
Tax revenue from smuggling-prone items Rs. 321B (up Rs. 53B) FY2024–25
The Point of Sale (POS) system saw major expansion, surpassing 40,000 installations and covering nearly 38% of Tier-1 retailers, improving compliance within the retail industry.
Additionally, the implementation of faceless Customs assessments improved transparency and fairness in trade processes, while the Customs Single Enforcement Entity achieved a 19.7% revenue increase from smuggling-prone goods.
FBR also launched a peer-rated performance evaluation system to reward integrity and high performance among officers. Collectively, these initiatives have broadened the documentation base, reduced leakages, minimized discretion, and promoted voluntary tax compliance across multiple sectors.
