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October 03, 2006 Tuesday Ramazan 9, 1427





Revenue collection up 23pc in 1st quarter



By Our Reporter


ISLAMABAD, Oct 2: The Central Board of Revenue (CBR) collected Rs187.4 billion revenue during the July-September period of fiscal year 2006-07 as against Rs152.1 billion the same period last year, indicating an increase of 23.2 per cent.

Official figures released here on Monday showed that the revenue collection had surpassed the target set for the period under review by 5.1 per cent.

It further showed that the collection of direct taxes increased by 37.6 per cent to Rs66.3 billion during the first quarter as compared to Rs48.2 billion collected during the same period last year.

The sales tax collection reached to Rs75.6 billion during the period compared to Rs63 billion the same period last year, showing a growth of 20pc.

The excise duty receipts registered an increase of 34.6 per cent at Rs16.4 billion during July-Sept 2006-07 against Rs12.2 billion the same period last year.

While collection of customs duties rose by 1.2 per cent at Rs29 billion during the period under review over the corresponding period last year.






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