The Federal Board of Revenue (FBR) collected Rs. 1,180 billion in March 2026 against the monthly target of Rs. 1,367 billion, showing a shortfall of Rs. 187 billion.
According to sources, income tax collection during March 2026 stood at Rs. 680 billion, sales tax at Rs. 318 billion, federal excise duty (FED) at Rs. 77 billion, and customs duty collection at Rs. 105 billion.
Overall, the FBR collected Rs. 9,305 billion during July–March (2025–26) against the downward-revised target of Rs. 9,915 billion, showing a shortfall of Rs. 610 billion.
The FBR has committed to the International Monetary Fund (IMF) to generate additional revenue from the principal amount of Super Tax and surcharge to help meet the assigned revenue collection target for the outgoing fiscal year.
Despite taxation and enforcement measures introduced in the last budget, the FBR has persistently failed to meet its monthly tax collection targets.
The tax collection target for the FBR was revised downward from Rs. 14,307 billion to Rs. 13,979 billion for 2025–26, reflecting a decrease of Rs. 328 billion.