FBR Fails to Meet Target as Revenue Shortfall Reaches Rs683 Billion

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Islamabad, Pakistan – Web Desk: Pakistan’s Federal Board of Revenue (FBR) has fallen short of its revenue targets, with the cumulative shortfall reaching Rs683 billion during the first 10 months (July–April) of the fiscal year 2025–26, according to provisional data.

Sources said the FBR collected Rs10,263 billion during the period, missing its revised target of Rs10,946 billion. The data highlights continued challenges in revenue generation amid economic pressures.

In April alone, the FBR collected Rs956 billion, falling short of the monthly target of Rs1,029 billion by Rs73 billion. The breakdown of April collections shows Rs446 billion from income tax, Rs320 billion from sales tax, Rs65 billion from federal excise duty, and Rs125 billion from customs duty.

Officials noted that the government had already revised the annual tax target downward from Rs14,307 billion to Rs13,979 billion, a reduction of Rs328 billion, reflecting difficulties in meeting initial projections.

Analysts say the widening shortfall underscores fiscal challenges for Pakistan, as authorities seek to boost revenue while managing inflation and economic stability.

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