Revenue system of Pakistan -Taxes-

                 The revenue receipts of federal government is categorized into two type

1. The Tax Revenue receipts   2.The Nontax Revenue receipts

1.2.1. The tax Revenue receipts: F.B.R. taxes can be divided as Direct and indirect Taxes

Direct taxes  are:  Income-tax, capital-value tax, ordinary collection (W.W.E.)

 Whereas, In-direct taxes are:, Sales-tax, customs Duty, and federal excise duty,

2.1.   Non-Tax Revenue receipts: Non-tax revenue is the income gained from investment and services, it is administered by different ministries, divisions or department of Pakistan. Under the following three major categories:

1. i) Income from property and enterprises

                               Income from property and enterprises consists of profits gained  by the  state  authorities, mark-up receipts on loans given to providences, and Azad Jamu and Kashmir, local bodies, and public enterprises and dividends which are to be paid on federal government’s investment in commercial enterprises.

state authorities:

NEPRA:  National Electric power regulatory authority.

SECP: Security and exchange commission of Pakistan.

PNRA: Pakistan nuclear regulatory authority.

PEMERA: Pakistan Electronic media regulatory authority.

OGRA: Oil and Gas regulatory authority.

PTA: Pakistan telecommunication authority.

2.1.1. mark-up receipts: Federal government of Pakistan gives loans to the provinces, AJK, public sector, some local bodies, and some government servants, for their personal use i.e. purchase of transport, building of a house, and puts markup on these loans, the amount earned by federal government as markup is known as markup receipts.

.2.1.2. Dividends: The returns which is gained by the government as a result of investing amount in the share capitals of commercial enterprises and institutions for finance are known as Dividends.

 

1.      ii) Receipts from civil Administration and other functions:

.1. Fiscal Administration

                  Organs of state: these receipts include fee from different competitive exams, under “federal public service commission” (FPSC) and other tuitions fee which are charged by the Pakistan forest institute etc.

      .2 Fiscal Administration: these receipts include: fees of Audit from the  for audition their accounts and auto-nomous ones.

       .3   Pakistan Mints Receipts: The receipts received from the mint of defense, sports, and academic institutional medals.

4.  Profit from state bank of Pakistan: The state bank of Pakistan also puts dividends on the shares of capital of the government. The earned amount is circulated for one year and then added to federal government’s account.                     
5. Economic Regulations:fee receipts trade mark, (registration fee), insurance fees and other receipts, as anti-dumping duties, traffic protection fee.
6. Law and Order Receipts;thought the main purpose of law and order receipts is not the collection of amount, it is to make sure of the control of the crimes, these receipt put a large amount of contribution in non-tax revenue. These may include the fines and penalties, and other recoveries by Supreme Court of Pakistan, and other tribunals as, federal service tribunal, income tax tribunal etc.
7. Community services Receipts:The receipts of the rent of the government buildings, guests’ houses and lands, headed by housing and work division, Kashmir affairs and Gilgit Baltistan division.
8. Social services and social services miscellaneous receipts:

                          These receipts include; i) education fees from school and colleges, ii) entry fees of historical places, and iii) registration fees for Pakistanis working abroad.

 

 iii)  MISCELLANEOUS RECIEPTS: These receipts consists of (i) the receipts of conomic services and (ii) other receipts.

 

1. 1.Agricultural receipts: fee on exports of animals and import gained by the government.

.2. The Receipts from the cabinet division: sales of stationery and government publications from various departments come under receipts form cabinet division.

3. Receipts from special Communications institutions:these receipt are collected by providing telecom service in different areas. Azad Kashmir and Gilgit-Baltistan.
4. Receipts from lightships and lighthouses:examination fee, registration fee, collected by “Mercantile Marine department Karachi”, shipping and discharging fee of cargo, etc

   Other receipts: under the title MISCELLANEOUS RECIEPTS other receipts means:

1. i) Citizen ship, naturalization an passport fees

                               The fees charged on the renewal of passport and visas, by the immigration and passport office of Pakistan.

1. ii) Royalty pollution, trekking fee from tourists, iii) receipts collected of ministry of foreign affairs,