ISLAMABAD: The federal government has increased non-tax revenue target by five per cent to Rs959.5 billion for the next fiscal year (2016-2017) as Rs912.8 billion were generated in FY 2015-16.
The break-up of Rs959.5 billion showed that Rs261.2 billion would come as income from property and enterprise, Rs459.8 billion as receipts from civil administration and Rs238.4 billion as miscellaneous receipts for the upcoming fiscal year.
According to the documents, in income from property and enterprise, the government has kept Rs6 billion from Pakistan Telecom Authority, Rs75 billion from the auction of 3G licenses, Rs477 million from Regulatory Authorities, Rs13.5 billion as mark-up from provinces, Rs81.1 billion mark-up from Public Sector Entities and Rs85.1 billion as dividends.
The break-up of receipts from civil administration of Rs459.8 billion revealed that Rs3.4 billion would come from general administration receipts, Rs280 billion as share of surplus profits of State Bank of Pakistan, Rs170 billion from coalition support fund from United States, Rs2.1 billion from law and order receipts, Rs1.58 billion community services receipts and Rs1.996 billion from social services.
Meanwhile, in miscellaneous receipts, the government has projected to generate Rs10.9 billion as economic services receipts, Rs75 billion as foreign grants, Rs25 billion as citizen, naturalization, passport and copyright fees, Rs10 billion as discount retained on local crude price, Rs10.9 billion as royalty on crude oil, Rs32 billion as royalty on natural gas, Rs10 billion as windfall levy against crude oil, Rs2 billion as petroleum levy on LPG and Rs62.6 billion as other resources.
