Saturday, March 28, 2026
NTN News Urdu
  • Home
  • Latest News
  • Pakistan
  • World
  • Sports
  • Showbiz
  • Technology
  • Business
  • Education
  • Weather
NTN News
  • Home
  • Latest News
  • Pakistan
  • World
  • Sports
  • Showbiz
  • Technology
  • Business
  • Education
  • Weather
No Result
View All Result
  • Home
  • Latest News
  • Pakistan
  • World
  • Sports
  • Showbiz
  • Technology
  • Business
  • Education
  • Weather
No Result
View All Result
No Result
View All Result
NTN News

Rs 998 Billion in Additional Sales Tax Revenue on Essential Items

January 16, 2025
in Important News, Latest News, Pakistan
اشیائے ضروریہ پر سیلز ٹیکس کی مد میں 998 ارب روپے اضافی وصولی
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

During the last financial year, the government received an additional sales tax of Rs 998 billion on essential commodities. According to the FBR document, taxes on electricity, gas, sugar, cement, cigarettes, tea, beverages, and biscuits increased, collecting Rs 364 billion 66 crore from electricity bills alone.

Documents from the Federal Board of Revenue (FBR) reveal that the government collected an additional PKR 998 billion in sales tax on essential items during the 2023–24 period, with increased taxes on electricity, gas, sugar, cement, cigarettes, tea, beverages, and biscuits.

It has been stated in the documents that the volume of local sales tax collection exceeded 1,222 billion rupees, an additional 141 billion rupees were collected from the public in the form of sales tax on electricity.

According to the FBR, the government collected 364 billion 66 crore in sales tax on electricity bills last year, sales tax revenue on electricity consumption increased by 63.4% in one year, 28.5% increase on sugar, and 98 billion rupees was collected in sales tax.

According to the FBR document, tax collection on cement increased by 60% to Rs 66.61 billion, sales tax on cigarettes increased by 64.3%, Rs. 61 billion was received, federal excise duty on cigarettes was Rs. 237 billion and FED was Rs. 95 billion. Billion rupees i.e. 67% increase was recorded.

According to the report, sales tax collection on tea increased by 31%, the volume was 22 billion 72 crores, local sales tax revenue on vehicles increased by 160% which was 13.36 billion, sales tax collection on biscuits increased by 56% to 15 billion, petroleum products. However, GST collection declined by 4.3%.

Tags: AdditionalbillioncollectionessentialformgoodsrupeessalesTax
Previous Post

Batter Makes History with Unbeaten Triple Century in One-Day Match

Next Post

Stocks Rally on the Final Trading Day of the Week, Dollar Falls in Value

Related Posts

Saudi Arabia Extends Visas for Stranded Pilgrims Until April 18
Pakistan

Saudi Arabia Extends Visas for Stranded Pilgrims Until April 18

March 26, 2026
Gold Prices Drop Sharply After Two-Day Rise, Down Rs11,000 per Tola
Pakistan

Gold Prices Drop Sharply After Two-Day Rise, Down Rs11,000 per Tola

March 26, 2026
Gilgit-Baltistan Implements Four-Day Workweek with Three Weekly Holidays
Pakistan

Gilgit-Baltistan Implements Four-Day Workweek with Three Weekly Holidays

March 26, 2026
PM Shehbaz Sharif, President Zardari to Hold Key Talks on Smart Lockdown and Regional Situation
Pakistan

PM Shehbaz Sharif, President Zardari to Hold Key Talks on Smart Lockdown and Regional Situation

March 26, 2026
President Zardari, PM Shehbaz Sharif Discuss Mediation Efforts and Regional Tensions
Pakistan

President Zardari, PM Shehbaz Sharif Discuss Mediation Efforts and Regional Tensions

March 26, 2026
Pakistan Ranked Most Polluted Country in 2025, Global Report Reveals
Pakistan

Pakistan Ranked Most Polluted Country in 2025, Global Report Reveals

March 24, 2026
Next Post
کاروبار ہفتہ کےآخری روز سٹاک مارکیٹ میں تیزی،ڈالرسستا

Stocks Rally on the Final Trading Day of the Week, Dollar Falls in Value

Latest News

Saudi Arabia Extends Visas for Stranded Pilgrims Until April 18

Saudi Arabia Extends Visas for Stranded Pilgrims Until April 18

March 26, 2026
Gold Prices Drop Sharply After Two-Day Rise, Down Rs11,000 per Tola

Gold Prices Drop Sharply After Two-Day Rise, Down Rs11,000 per Tola

March 26, 2026
Gilgit-Baltistan Implements Four-Day Workweek with Three Weekly Holidays

Gilgit-Baltistan Implements Four-Day Workweek with Three Weekly Holidays

March 26, 2026
PM Shehbaz Sharif, President Zardari to Hold Key Talks on Smart Lockdown and Regional Situation

PM Shehbaz Sharif, President Zardari to Hold Key Talks on Smart Lockdown and Regional Situation

March 26, 2026
  • Trending
  • Comments
  • Latest
Karachi protest near CM House tear gas traffic disruption 2025

Karachi Protest Tear Gas Clash Near CM House Causes Traffic Jams

June 30, 2025
Spain corruption socialist leader arrested

Spain Corruption Case: Socialist Leader Detained Over Fraud Allegations

June 30, 2025
Pakistan netball team victory over Japan in Asian Championship

Pakistan Netball Team Victory Over Japan Secures Semifinal Spot

June 30, 2025
UK MP condemns Mehwish Hayat and Honey Singh music video with guns

UK MP Mehwish Hayat Controversy: Gun Video Sparks Outrage

June 30, 2025
عمران خان کی بطور چانسلر نامزدگی آکسفورڈ کی خواتین کی توہین ہے، برطانوی میڈیا

Imran Khan’s nomination as Chancellor is an insult to the women of Oxford, British media

ڈالر سستا ہو گیا ، اسٹاک مارکیٹ میں 79 ہزار کی حد بحال

The dollar became cheaper, the limit of 79 thousand was restored in the stock market

سعودیہ ایک بار پھر بروقت کارکردگی کے اعتبار سے عالمی چارٹ میں سرفہرست

Once again, Saudi Arabia topped the global chart in terms of timely performance

برازیل میں عدالتی احکامات کے بعد ایکس پر مکمل پابندی عائد

In Brazil X is completely banned after court orders

Saudi Arabia Extends Visas for Stranded Pilgrims Until April 18

Saudi Arabia Extends Visas for Stranded Pilgrims Until April 18

March 26, 2026
Gold Prices Drop Sharply After Two-Day Rise, Down Rs11,000 per Tola

Gold Prices Drop Sharply After Two-Day Rise, Down Rs11,000 per Tola

March 26, 2026
Gilgit-Baltistan Implements Four-Day Workweek with Three Weekly Holidays

Gilgit-Baltistan Implements Four-Day Workweek with Three Weekly Holidays

March 26, 2026
PM Shehbaz Sharif, President Zardari to Hold Key Talks on Smart Lockdown and Regional Situation

PM Shehbaz Sharif, President Zardari to Hold Key Talks on Smart Lockdown and Regional Situation

March 26, 2026

Quick Links

  • Business
  • Education
  • Important News
  • Latest News
  • Pakistan
  • Showbiz
  • Sports
  • Technology
  • Terrorists
  • Uncategorized
  • Weather
  • World

Latest

Saudi Arabia Extends Visas for Stranded Pilgrims Until April 18

Saudi Arabia Extends Visas for Stranded Pilgrims Until April 18

March 26, 2026
Gold Prices Drop Sharply After Two-Day Rise, Down Rs11,000 per Tola

Gold Prices Drop Sharply After Two-Day Rise, Down Rs11,000 per Tola

March 26, 2026

© 2024 NTN News - All rights of publications are reserved by NTN News

No Result
View All Result
NTN News Urdu
  • Home
  • Latest News
  • Pakistan
  • World
  • Sports
  • Showbiz
  • Technology
  • Business
  • Weather
  • Education

© 2024 NTN News - All rights of publications are reserved by NTN News