Sindh tops FBR’s revenue collectors

FBR’s annual tax directory has showed that Sindh contributed 45% to the revenue, followed by Punjab at 35%, Islamabad 14.8%, KPK 3.6 % and Baluchistan 1.8%. Gilgit Baltistan had a nominal share of 0.12%. Karachi, the financial hub of the country, contributed PKR 395Bn in income taxes, 26% of the total direct taxes collected during the year. FBR’s total collection during the Tax year 2018 amounted to PKR 3.8Tn. The major chunk in returns filing was from non-salaried and salaried individuals, who filed 1.52Mn and 1.2Mn returns, respectively.

19/9/2020