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ایف بی آر کی پریس ریلیز

ایف بی آر کی پریس ریلیزتازہ ترین

FBR collects over Rs 268 billion in September, over Rs. 600 billion in first quarter Overall revenue collection also goes up by 11%

During the month of September, 2015, according to the provisional figures received so far, FBR has made a net collection of more than Rs. 268 billion, as against net collection of Rs. 228 billion made last year showing an increase of 17.5%. It is expected that the final collection would further increase when the final figures are received.

From July, 2015 to September, 2015, FBR made a net collection of more than Rs. 600 billion as against net collection of Rs. 541 billion made last year resulting an increase of 11%. This is after having issued refunds of Rs.30 billion as against Rs. 21 billion issued during first quarter of last year resulting an increase of refunds at 42.85% as compared to last year. This may be highlighted that this higher collection has been made by the FBR field formations working with a missionary spirit and tireless zeal to improve the economic health of the country despite strikes by the traders on the issue of 0.6%/0.3% withholding tax on bank instruments of non-filers and Eid Holidays during the months of July and September, 2015. Details of collection during July-September, 2015 as compared to July-September, 2014 are as under:

(Rs in Billion)

Revenue Head

Up to September 2015

Up to September 2014

 

Gross

Rebate/ Refund

Net

Gross

Rebate/ Refund

Net

1

2

3

4

5

6

7

Direct Taxes

244

   

198

   

Sales Tax

278

   

268

   

FED

28

   

31

   

Customs

80

 

 

65

 

 

Grand Total

630

30

600

562

21

541

(Shahid Hussain Asad)
Senior Member (Inland Revenue-Policy) / Official Spokesman of FBR
Oct 01, 2015