Karachi, May 24, 2025 — In a stunning display of economic momentum, the Federal Board of Revenue (FBR) has revealed a sensational 22% spike in import tax collection from Pakistan’s major corporate giants for April 2025. This meteoric rise signals a dramatic turnaround in fiscal performance, highlighting a renewed surge in industrial appetite and economic activity.
According to insider sources within the FBR, income tax collection at the import stage from large-scale firms skyrocketed to Rs10.20 billion in April, up from Rs8.37 billion during the same month last year. This is not just a routine increase—it’s a seismic shift in revenue collection, powered by a booming revival in the country’s manufacturing and trade sectors.
“This growth in import tax collection is a clear reflection of Pakistan’s recovering economic pulse,” said a senior FBR official. “Big firms are ramping up imports, and that’s translating into stronger revenue flows for the national exchequer.”
Fueling this fiscal leap is a dramatic boost in business confidence. A recent report by the Overseas Investors Chamber of Commerce and Industry (OICCI) for March and April 2025 revealed a 16-point swing—from a negative 5% to a bullish +11%—in overall business sentiment.
Minister for Finance Aurangzeb declared, “This surge in confidence is not just economic—it’s symbolic. The nation is roaring back to life, and the uptick in FBR’s import tax collection proves it.” He added that the government remains steadfast in its mission to support investor trust and long-term macroeconomic stability.
The manufacturing sector led the charge in this economic revival. Once sitting in the red at -3%, its confidence levels now blaze at +15%, signaling explosive growth and increased import demand for raw materials—directly boosting the FBR’s collection at the import stage.
However, the larger picture over the 10-month period (July–April) paints a slightly cautious tale. FBR data shows that overall import tax collection from big companies slipped by 6%, totaling Rs95 billion compared to Rs102 billion in the previous fiscal period.
Still, FBR officials are optimistic. With industrial demand rising and import volumes climbing, the tide appears to be turning—bringing with it the promise of stronger collection figures in the months ahead.