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The Federal Board of Revenue (FBR) has recorded a major milestone in revenue performance, posting a 30% month-on-month growth in tax collection for April 2025. This outpaces the already strong 28% growth achieved up to March.
Key Highlights:
- Outstanding Performance: April’s tax collection has already surpassed the full annual target of PKR 9,300 billion set for the previous fiscal year.
- Sustained Momentum: The strong growth comes despite issuing refunds worth PKR 43 billion, indicating healthy revenue dynamics.
- Segment-wise Growth:
- Income Tax: +44%
- Sales Tax: +17%
- Federal Excise Duty (FED): +31%
This performance reflects FBR’s continuing focus on broadening the tax base, improving compliance, and modernizing systems to meet the country’s growing fiscal needs.
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