RECORD INCREASE OF 14 % REVENUE COLLECTION DURING FIRST SIX MONTHS OF CFY
During the month of December, 2014, FBR has made a net collection of Rs.270,216 million as against net collection of Rs. 231,539 million during December, 2013 showing an increase of 17%. From July, 2014 to December, 2014, FBR made a gross collection of Rs.1,230,376 million and issued refunds of Rs.58,508 million, resulting in net collection of Rs.1,171,868 million, whereas last year during first six months, FBR had made a gross collection of Rs.1,081,937 and after issuing of refunds of Rs.56,522 made a net collection of Rs.1,031,415 million, indicating a record increase of Rs.140,453 million which in percentage terms comes to around 14%.
Details of collection during July-December, 2014 as compared to July-December, 2013 are as under:
(Rs in Million)
|
Revenue Head |
Up to December 2014 |
Up to December 2013 |
||||
|
|
Gross |
Rebate/ Refund |
Net |
Gross |
Rebate/ Refund |
Net |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
|
Domestic Taxes |
1,089,759 |
53,182 |
1,036,576 |
972,829 |
51,502 |
921,327 |
|
Direct Taxes |
489,426 |
30,500 |
458,926 |
414,506 |
32,522 |
381,983 |
|
Sales Tax (a+b) a) ST (Import) b) ST (Domestic) |
536,439 274,818 261,621 |
22,682 53 22,630 |
513,757 274,766 238,991 |
500,661 246,689 253,972 |
18,977 9 18,968 |
481,683 246,680 235,004 |
|
FED (a+b) a) FED (Import) b)FED (Domestic) |
63,893 8,172 55,721 |
0 0 0 |
63,893 8,172 55,721 |
57,662 4,175 53,487 |
2 1 1 |
57,660 4,175 53,486 |
|
Customs |
140,617 |
5,325 |
135,292 |
115,108 |
5,020 |
110,088 |
|
Grand Total |
1,230,376 |
58,508 |
1,171,868 |
1,087,937 |
56,522 |
1,031,415 |
Member (Inland Revenue Policy)
