FBR Meets Revised Tax Target but Falls Rs1.306 Trillion Short of Original Goal

ISLAMABAD: Pakistan’s Federal Board of Revenue (FBR) achieved its revised tax collection target for fiscal year 2025–26 but fell short of the original budget target by Rs1.306 trillion, according to official sources.

The federal government had initially set an FBR tax collection target of Rs14.130 trillion in the FY2025–26 budget. However, with the approval of the International Monetary Fund, the target was later revised downward to Rs12.957 trillion, which the FBR successfully achieved.

Sources also said the FBR met its revised June 2026 tax collection target of Rs1.753 trillion.

According to the figures, the FBR collected:

Rs6.578 trillion in income tax
Rs4.262 trillion in sales tax
Rs840 billion in federal excise duty
Rs1.330 trillion in customs duty

Government sources described the achievement of the revised target as an important step toward maintaining fiscal discipline.

However, despite meeting the revised goal, the FBR still recorded a Rs1.306 trillion shortfall compared with the original tax target announced in the federal budget, highlighting the continued challenges facing the country’s revenue collection efforts.