Islamabad, Mar 27, 2025: Pakistan’s tax collection has witnessed remarkable growth in the first six months of the fiscal year 2024-25, with direct tax revenue soaring by 29.4% to Rs. 632.7 billion, as reported by the Federal Board of Revenue (FBR).
This increase surpasses the figures recorded in the same period last year.
Notably, in December 2024, direct tax collection saw a sharp 36.1% year-on-year rise, highlighting the strong upward trend.
Surge in Sales Tax Revenue
Sales tax revenue also displayed a notable jump of 25.3%, accumulating Rs. 382.9 billion between July and December.
This surge was driven by a 16.8% rise in import-based sales tax and an impressive 38.6% growth in domestic sales tax.
December 2024 alone registered a 33.3% increase in total sales tax revenue, with imported goods contributing a 30.1% rise, while domestic sales tax expanded by 38.3%.
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Federal Excise Duty Shows Strong Growth
Federal Excise Duty (FED) collections experienced a solid 31% growth, bringing in Rs. 82 billion compared to the previous year.
December 2024 recorded an even more striking 61.3% rise, indicating stronger tax enforcement and an expanding taxable base.
Increase in Customs Duty Collection
Customs duty collections also followed an upward trajectory, growing by 10.7% in the first half of FY25 and contributing an extra Rs. 58 billion.
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The month of December alone saw a significant 22.7% year-on-year boost in customs duty revenue, reflecting increased trade activity.
With tax revenue showing consistent growth across all major categories, the government’s fiscal position is strengthening, paving the way for better economic stability and development.
