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FBR faces major revenue shortfall in first 10 months of current fiscal year

3 days ago
FBR faces major revenue shortfall in first 10 months of current fiscal year

Islamabad (Commerce Desk) – The Federal Board of Revenue (Federal Board of Revenue) has failed to achieve its revenue target during the first 10 months of fiscal year 2025–26, with an interim shortfall reaching 683 billion rupees.

According to sources, between July and April, the FBR collected a total of 10,263 billion rupees, while the revised target was set at 10,946 billion rupees.

Thus, a shortfall of 683 billion rupees was recorded during this period, and revenues in April 2026 also remained below the target.

Figures show that in April, the FBR collected 956 billion rupees against a monthly target of 1,029 billion rupees, resulting in a shortfall of 73 billion rupees.

Details indicate that in April, 446 billion rupees were collected under income tax, 320 billion rupees under sales tax, 65 billion rupees under federal excise duty, and 125 billion rupees under customs duty.

It is worth noting that the government had already reduced the tax target for fiscal year 2025–26 from 14,307 billion rupees to 13,979 billion rupees, cutting the overall target by 328 billion rupees.


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Category: Business & Economy