Tag: revenue shortfall
-
Pakistan’s FBR Faces Rs274 Billion Shortfall in FY26: Tax Filings Hit a Record, Yet Revenue Gaps Persist
Overview: A Paradox of Record Filings and Growing Shortfalls The Federal Board of Revenue (FBR) in Pakistan has reported a widening revenue gap for the first four months of the fiscal year 2025-26, despite witnessing near-record or record levels of tax filings from individuals and businesses. The data points to a complex revenue picture: high…
-
Pakistan’s FBR Faces Rs274 Billion Shortfall in Early FY26 Amid Record Filings
Overview: A Record Yet Uneven Tax Frontier Pakistan’s Federal Board of Revenue (FBR) entered FY26 with a paradox: total tax filings hit record levels, yet the revenue shortfall widened in the early months of the fiscal year. In October 2025, the FBR collected Rs950 billion against a target of Rs1,026 billion, translating to a deficit…