Boost Revenue Collection

The government’s income during the first five months of this fiscal year 2024/25 has seen a modest increase. At the end of the review period (July 16 – December 14, 2024), the total income stood at Rs. 404.30 billion (Rs. 398.13 billion in revenue plus Rs. 6.17 billion under other recipients), which accounts for 27.47 per cent of the annual receipts target. Out of the total revenue, tax revenue stood at Rs. 361.13 billion or 27.39 per cent of the annual target. Of the total revenue collection target, Rs. 1,284.2 billion is set to be collected under tax revenue and Rs. 135.09 billion under non-tax revenue in the current fiscal year.