ISLAMABAD: Federal Board of Revenue (FBR) on Friday said that tax collection increased by 30 percent on month-on-month basis in April 2025, compared to 28 percent in March 2025.
During April 2025, the board has crossed the entire annual target of Rs 9300 billion set for the previous year, said a news release.
The board also issued Rs 43 billion refunds while income tax collection increased by 44 percent, sale tax by 17 percent and federal excise duty by 31 percent.
Earlier, the Federal Board of Revenue (FBR) has implemented a new system to collect sales tax from cement sector.
The board has fixed minimum retail price of cement for the collection of sales tax. The minimum retail price of cement will be according to the average price of the Bureau of Statistics.
The new price will be set according to the average price by the 1st and 16th of each month.
The minimum retail price for the cement sector will be implemented from May 1, 2025. The average price of a 50-kg bag of cement issued before May 1 is Rs1,410.
