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Home Islamabad

Total revenues increased to 4.9tr during FY2019

byCT Report
27/08/2019
in Islamabad, Latest News
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ISLAMABAD: As many as Rs 4,900,724 million total revenues were collected by the government during the fiscal year 2018-19, including Rs 4,473,422 million tax revenues and Rs427,302 million non-tax revenues, according to official data.

The tax revenues included Rs4,071,619 million federal revenues and Rs401,803 revenues collected by the provinces, whereas the non-tax revenues included, Rs341,006 million collected by the federal government and Rs86,296 million collected by the provincial government.

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On the other hand, the total expenditures during the period under review stood at Rs8,345,640 million including Rs7,104,031 current expenditure, Rs1,219,192 development expenditure and net lending and Rs22,417 million statistical discrepancy.

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