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    <title>Aaj TV English News - Business &amp; Economy</title>
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    <copyright>Copyright 2026</copyright>
    <pubDate>Tue, 21 Apr 2026 18:50:54 +0500</pubDate>
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      <title>Tax revenues surge in December as income tax collection jumps 107%</title>
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      <description>&lt;p&gt;&lt;strong&gt;Pakistan’s tax revenues posted a sharp increase in December, led by a more than doubling of income tax collection, as the government pointed to improved compliance and digital reforms.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Income tax receipts rose 107 per cent to Rs831.5 billion in December, up from Rs402 billion in November.&lt;/p&gt;
&lt;p&gt;Sales tax collection increased by 25 per cent to Rs403.7 billion, while federal excise duty grew six per cent to Rs98.8 billion.&lt;/p&gt;
&lt;p&gt;Addressing Federal Board of Revenue (FBR) field formations via video link, Finance Minister Senator Muhammad Aurangzeb praised the teams for achieving record tax collection in December 2025.&lt;/p&gt;
&lt;p&gt;He said the performance reflected the success of the government’s fiscal reform agenda, improved tax compliance, effective enforcement and ongoing digital reforms.&lt;/p&gt;
&lt;p&gt;The minister noted that significant progress had been made over the past 18 months and described the December figures as highly encouraging.&lt;/p&gt;
&lt;p&gt;Aurangzeb said the digitalisation of the economy, promotion of cashless transactions and a strengthened enforcement strategy, implemented without disrupting business activity, were beginning to deliver tangible and sustainable results.&lt;/p&gt;
&lt;p&gt;He urged FBR teams to maintain the momentum as the government continues efforts to broaden the tax base and stabilise public finances.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>Pakistan’s tax revenues posted a sharp increase in December, led by a more than doubling of income tax collection, as the government pointed to improved compliance and digital reforms.</strong></p>
<p>Income tax receipts rose 107 per cent to Rs831.5 billion in December, up from Rs402 billion in November.</p>
<p>Sales tax collection increased by 25 per cent to Rs403.7 billion, while federal excise duty grew six per cent to Rs98.8 billion.</p>
<p>Addressing Federal Board of Revenue (FBR) field formations via video link, Finance Minister Senator Muhammad Aurangzeb praised the teams for achieving record tax collection in December 2025.</p>
<p>He said the performance reflected the success of the government’s fiscal reform agenda, improved tax compliance, effective enforcement and ongoing digital reforms.</p>
<p>The minister noted that significant progress had been made over the past 18 months and described the December figures as highly encouraging.</p>
<p>Aurangzeb said the digitalisation of the economy, promotion of cashless transactions and a strengthened enforcement strategy, implemented without disrupting business activity, were beginning to deliver tangible and sustainable results.</p>
<p>He urged FBR teams to maintain the momentum as the government continues efforts to broaden the tax base and stabilise public finances.</p>
]]></content:encoded>
      <category>Business &amp; Economy</category>
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      <pubDate>Sat, 03 Jan 2026 23:48:14 +0500</pubDate>
      <author>none@none.com (Web Desk)</author>
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