Government Collects Rs85 Billion in Taxes from Salaried Class in Two Months

ISLAMABAD: The government has collected Rs85 billion in income tax from the salaried class during the first two months of the current fiscal year (July–August 2025-26), the Federal Board of Revenue (FBR) reported.

According to FBR data, the amount is 21 percent higher compared to the Rs70 billion collected during the same period last year, reflecting an increase of Rs15 billion.

Breakdown figures show that non-corporate employees contributed Rs41 billion, while corporate employees paid Rs20 billion. Provincial government employees accounted for Rs10.5 billion, and federal employees contributed Rs7.6 billion. Meanwhile, the new tax imposed on large pensioners generated only Rs180 million in the two months.

Last year, total tax collection from salaried individuals stood at Rs555 billion, which was Rs188 billion higher than the previous fiscal year.

The property sector also witnessed notable shifts. Tax collection from plot sales surged by 92 percent, reaching Rs28 billion, whereas tax collection from property purchases dropped by 12 percent to Rs13 billion.

On the other hand, FBR fell short of its August target, collecting Rs901 billion against the goal of Rs951 billion, resulting in a Rs50 billion shortfall. For July and August combined, the target was Rs1,698 billion, but actual collections stood at Rs1,663 billion—Rs35 billion below target.

The overall tax collection target for the current fiscal year has been set at Rs14.131 trillion.