ISLAMABAD, Feb 13: The revenue receipts fell short by 6.03 per cent of Rs220.6 billion target to Rs207.29 billion during the first seven months of the current financial year.

When compared with Rs213.05 of last year it fell by 2.7 per cent to Rs207.29 billion in July-Jan.

Official figures released by the Central Board of Revenue (CBR) on Wednesday, showed that the tax authorities collected Rs76.15 billion under the head of direct taxes against Rs73.58 billion revenue collected during the same period last year, showing an increase of 3.49 per cent.

Under the head of indirect taxes, Rs131.14 billion were collected during the July-Jan period this year against Rs175.83 billion last year, showing a decrease of 25.41 per cent.

Further break-up showed that Rs85.97 billion were collected under the head of sales tax during the July-Jan period this year against Rs83.65 billion revenue collection during the same period last year, showing an increase of 2.8 per cent, while under the head of central excise Rs23.62 billion revenue was collected during the same period this year against Rs27.93 billion last year, registering a decline of 15.2 per cent.

Similarly, the tax authorities collected Rs21.42 billion under the head of customs duty during the July-Jan period this year against Rs33.83 billion during the same period last year, showing a decline of 36.7 per cent.

On monthly basis, the tax authorities collected Rs32.76 billion in January this year against the target of Rs37.3 billion, a decrease of 12.17 per cent.

In comparison to the last year, the revenue registered an increase of 5.43 per cent, as it stood at Rs32.76 billion in January this year against Rs31.07 billion last year.