Silver City — Pakistan’s Federal Board of Revenue (FBR) has missed its tax collection target by a substantial Rs. 198 billion during the first three months of fiscal year 2025-26, according to newly released official figures.
Between July and September, the revenue authority managed to collect Rs. 2,885 billion, falling short of its quarterly goal of Rs. 3,083 billion. The shortfall continued into September alone, with collections reaching Rs. 1,230 billion against a target of Rs. 1,368 billion—a monthly gap of Rs. 138 billion.
The significant revenue deficit has sparked concerns about Pakistan’s capacity to achieve its full-year tax targets, a critical benchmark for the country’s ongoing negotiations with the International Monetary Fund (IMF). Meeting these revenue goals remains essential for maintaining economic stability and securing continued IMF support.
Financial experts are now closely monitoring whether the FBR can recover the lost ground in the remaining quarters of the fiscal year.
