Overview
- Provisional figures put November’s net collection at Rs892 billion against a Rs1.035 trillion target, a shortfall of Rs143 billion.
- Cumulative net receipts for July–November stand at Rs4.727 trillion versus a Rs5.143 trillion target, reflecting a Rs412 billion gap; the revised-target shortfall is Rs314 billion.
- By tax head over July–November, income tax totaled Rs2.233 trillion, sales tax Rs1.876 trillion, FED Rs326 billion, and customs duty Rs548 billion.
- Customs duty exceeded its original five-month target of Rs519 billion, while income tax, sales tax, and FED fell short.
- Refunds reached Rs255 billion in the five months, including Rs48 billion in November, and officials calculate Rs1.756 trillion is needed in December to hit the July–December target agreed with the IMF.