Revenue amounted to Rs2,069 billion in seven months of FY19: FBR
Customs duty jumped 17.9pc to Rs389.45bn in 7MFY19.
(Web Desk) – The Federal Bureau of Revenue has reported that the revenue collection during first seven months of fiscal year FY19 amounted to Rs2,069 billion as compared to Rs 1,995 billion in the same period in the year FY18.
Income tax collection stood at Rs755 billion during first seven months of FY19 as compared to Rs754 billion from July to January in FY18.
Total sales tax collection reached Rs798.8bn during the period, down 0.97pc, from Rs805.2bn in 7MFY18. This decline was mainly contributed by all in sales tax collection on import stage whereas a paltry growth was reported in the sales tax collection on domestic stage.
Customs duty jumped 17.9pc to Rs389.45bn in 7MFY19, as against Rs330.2bn over corresponding period last year.
