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 revenue boosts by Rs52b from sugar, cement sectors

byCT Report
08/11/2025
in Breaking News, Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The Federal Board of Revenue (FBR) has reported a significant increase in tax collection from Pakistan’s sugar and cement sectors, attributing the gains to the effective implementation of the track and trace system and real-time production monitoring via video link.

According to official FBR documents, tax collection from these two key industries rose by more than Rs52 billion during the 11-month period from November 2024 to September 2025.

You might also like

Chinese consortium to expand investment in Pakistan’s capital market infrastructure

15/06/2026

Banks must upload account data to FBR Hub under FY27 Bill

15/06/2026

Sugar sector tax revenue

The FBR reported that tax receipts from the sugar sector alone increased by Rs35.2 billion, reaching Rs144.3 billion during the review period — up from Rs109 billion collected during the same months last year.

The revenue was generated through sales tax and federal excise duty, with price monitoring contributing Rs16.8 billion and production monitoring adding another Rs18.4 billion in additional revenue.

Officials said the results demonstrate the effectiveness of the track and trace system installed to curb tax evasion and enhance transparency in production reporting.

The FBR estimates that the sugar industry could contribute an additional Rs75 billion in revenue during the 2026 fiscal year due to improved oversight.

Cement sector records increase

Similarly, the cement sector saw a notable Rs17 billion rise in tax collection between June and September 2025.

Compared to Rs62.7 billion last year, the sector contributed Rs91.4 billion during the same four-month period this year. On an annual basis, the FBR projects total cement sector revenue to reach Rs102 billion by the end of the fiscal year.

Mandatory video monitoring and electronic tracking

To sustain the improved compliance, the FBR has made video analytics monitoring of sugar mills mandatory, directing all mill owners to install surveillance and tracking systems before the crushing season.

Similarly, for the cement industry, electronic monitoring of cement bags has been enforced, and the delivery or sale of cement bags without tax stamps or unique identification markings has been banned effective November 1.

Related Stories

Chinese consortium to expand investment in Pakistan’s capital market infrastructure

byCT Report
15/06/2026

ISLAMABAD: Chinese investors have reaffirmed their long-term commitment to Pakistan’s capital markets following the resolution of key regulatory matters by...

Banks must upload account data to FBR Hub under FY27 Bill

byCT Report
15/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed mandatory electronic data sharing by all banks and Electronic Money Institutions...

FBR Bahawalpur Zone recovers Rs530m in record enforcement drive

byCT Report
15/06/2026

BAHAWALPUR: The Federal Board of Revenue (FBR) Bahawalpur Zone has recovered over Rs530 million in taxes from Islamia University of...

Traders demand removal of Rs25,000 fixed tax in Finance Bill 2026

byCT Report
15/06/2026

LAHORE: The business community has called on the government to withdraw the fixed tax component from the newly proposed trader...

Next Post

ECC endorses frameworks for energy sector reforms, phased rationalization of remittance schemes

  • 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.