{"id":102932,"date":"2025-08-01T16:46:11","date_gmt":"2025-08-01T11:46:11","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=102932"},"modified":"2025-08-01T17:04:31","modified_gmt":"2025-08-01T12:04:31","slug":"fbr-meets-fys-first-month-target","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html","title":{"rendered":"FBR starts FY strong, meets first month target with PKR 755 bn revenue"},"content":{"rendered":"\n

Islamabad: The Federal Board of Revenue (FBR) has kicked off the new fiscal year on a positive note by collecting PKR 755 billion in July, slightly exceeding its monthly target of PKR 748 billion. This marks a 15% increase compared to the same month last year.<\/p>\n\n\n\n

While this performance is encouraging, it still falls short of the 20% year-on-year growth required to meet the full-year revenue target of PKR 14.13 trillion set for FY2024\u201325.<\/p>\n\n\n\n

The growth in July was largely driven by indirect taxes, particularly sales tax and customs duties. Sales tax collections reached PKR 302 billion, surpassing the target by PKR 12 billion, while customs duties brought in PKR 106 billion, exceeding expectations by PKR 14 billion. The customs boost was attributed to the clearance of cargoes previously delayed by importers anticipating tariff reductions.<\/p>\n\n\n\n

Read: FBR issues new deadline for June sales tax and excise returns<\/a><\/p>\n\n\n\n

However, income tax collections fell PKR 15 billion short of the monthly target, despite showing a 5.6% improvement over the same period last year. Officials cited large advance payments made in June to meet revised targets as a reason for the shortfall.<\/p>\n\n\n\n

Federal excise duty collections also lagged behind expectations.<\/p>\n\n\n\n

Meanwhile, the FBR faces challenges on the policy front, particularly regarding controversial new powers granted to tax officials\u2014such as arresting individuals suspected of sales tax fraud and treating large cash expenditures as taxable income. These measures have drawn criticism from the business community, prompting the government to form a committee to review and resolve concerns.<\/p>\n\n\n\n

Leadership at the FBR also remains in flux. Chairman Rashid Langrial has been on medical leave, with Dr. Hamid Ateeq Sarwar, recently retired, temporarily overseeing operations on a contractual basis.<\/p>\n\n\n\n

As the government pursues import liberalization and tariff reductions, revenue collections may see further changes in the coming months.<\/p>\n","protected":false},"excerpt":{"rendered":"

Islamabad: The Federal Board of Revenue (FBR) has kicked off the new fiscal year on a positive note by collecting PKR 755 billion in July, slightly exceeding its monthly target of PKR 748 billion. This marks a 15% increase compared to the same month last year. While this performance is encouraging, it still falls short of the 20% year-on-year growth required to meet the full-year revenue target of PKR 14.13 trillion set for FY2024\u201325. The growth in July was largely driven by indirect taxes, particularly sales tax and customs duties. Sales tax collections reached PKR 302 billion, surpassing the target by PKR 12 billion, while customs duties brought in PKR 106 billion, exceeding expectations by PKR 14 billion. The customs boost was attributed to the clearance of cargoes previously delayed by importers anticipating tariff reductions. Read: FBR issues new deadline for June sales tax and excise returns However, income tax collections fell PKR 15 billion short of the monthly target, despite showing a 5.6% improvement over the same period last year. Officials cited large advance payments made in June to meet revised targets as a reason for the shortfall. Federal excise duty collections also lagged behind expectations. Meanwhile, the FBR…<\/p>\n","protected":false},"author":18,"featured_media":99068,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[66832,66829,66445,3362,40653,52814,59295,62553,66830,66831,54748,66834,66835,34475,65330,66828,66827,66833,1109],"persona":[],"class_list":{"0":"post-102932","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-business-community-pakistan","9":"tag-customs-duty-pakistan","10":"tag-economic-policy-pakistan","11":"tag-fbr","12":"tag-fbr-revenue-collection","13":"tag-federal-excise-duty","14":"tag-fiscal-year-2024-25","15":"tag-government-revenue","16":"tag-hamid-ateeq-sarwar","17":"tag-import-tariffs-pakistan","18":"tag-income-tax-pakistan","19":"tag-july-revenue-report","20":"tag-pakistan-budget-2024-25","21":"tag-pakistan-economy","22":"tag-rashid-langrial","23":"tag-sales-tax-pakistan","24":"tag-tax-collection-pakistan","25":"tag-tax-powers-controversy","26":"tag-tax-reforms","27":"cat-15015-id"},"acf":[],"yoast_head":"\nFBR meets FY's first month target - Zameen News<\/title>\n<meta name=\"description\" content=\"Sales tax collections reached PKR 302 billion, surpassing the target by PKR 12 billion, while customs duties brought in PKR 106 billion...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR meets FY's first month target - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Sales tax collections reached PKR 302 billion, surpassing the target by PKR 12 billion, while customs duties brought in PKR 106 billion...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-01T11:46:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-01T12:04:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2024\/09\/FBR_news-cover.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samra Zulfiqar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samra Zulfiqar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FBR meets FY's first month target - Zameen News","description":"Sales tax collections reached PKR 302 billion, surpassing the target by PKR 12 billion, while customs duties brought in PKR 106 billion...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html","og_locale":"en_US","og_type":"article","og_title":"FBR meets FY's first month target - Zameen News","og_description":"Sales tax collections reached PKR 302 billion, surpassing the target by PKR 12 billion, while customs duties brought in PKR 106 billion...","og_url":"https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html","og_site_name":"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2025-08-01T11:46:11+00:00","article_modified_time":"2025-08-01T12:04:31+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2024\/09\/FBR_news-cover.jpg","type":"image\/jpeg"}],"author":"Samra Zulfiqar","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Samra Zulfiqar","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html"},"author":{"name":"Samra Zulfiqar","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/a3a8cc23079c627774ff19f42da24f1d"},"headline":"FBR starts FY strong, meets first month target with PKR 755 bn revenue","datePublished":"2025-08-01T11:46:11+00:00","dateModified":"2025-08-01T12:04:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html"},"wordCount":303,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2024\/09\/FBR_news-cover.jpg","keywords":["business community Pakistan","customs duty Pakistan","economic policy Pakistan","FBR","FBR revenue collection","Federal excise duty","fiscal year 2024-25","government revenue","Hamid Ateeq Sarwar","import tariffs Pakistan","Income tax pakistan","July revenue report","Pakistan budget 2024-25","Pakistan economy","Rashid Langrial","sales tax Pakistan","tax collection Pakistan","tax powers controversy","tax reforms"],"articleSection":["Legal & Taxation"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html","url":"https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html","name":"FBR meets FY's first month target - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2024\/09\/FBR_news-cover.jpg","datePublished":"2025-08-01T11:46:11+00:00","dateModified":"2025-08-01T12:04:31+00:00","description":"Sales tax collections reached PKR 302 billion, surpassing the target by PKR 12 billion, while customs duties brought in PKR 106 billion...","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2024\/09\/FBR_news-cover.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2024\/09\/FBR_news-cover.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/fbr-meets-fys-first-month-target.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"FBR starts FY strong, meets first month target with PKR 755 bn revenue"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/a3a8cc23079c627774ff19f42da24f1d","name":"Samra Zulfiqar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","caption":"Samra Zulfiqar"},"description":"Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market\u2019s most promising opportunities.","url":"https:\/\/www.zameen.com\/news\/author\/samra"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/102932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=102932"}],"version-history":[{"count":2,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/102932\/revisions"}],"predecessor-version":[{"id":102939,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/102932\/revisions\/102939"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/99068"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=102932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=102932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=102932"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=102932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}