The Federal Board of Revenue is facing a revenue shortfall of Rs. 190 billion in May 2026, according to sources, as tax collection remained well below the monthly target.
Sources told ProPakistani the FBR had collected Rs. 960 billion against a target of Rs. 1.15 trillion by the latest count, leaving a sizeable gap ahead of the month’s close.
Officials are expecting around Rs. 5 billion in additional revenue to be collected on May 31, which could take the total collection for the month to Rs. 965 billion. Even with that addition, the tax authority is likely to miss its monthly target by a wide margin.
The weak May performance is expected to further worsen the overall revenue picture for the current fiscal year. Sources said the FBR’s cumulative revenue shortfall for the first eleven months could exceed Rs. 860 billion by May 31.
The latest figures underscore the mounting pressure on the tax authority as the government prepares to unveil the federal budget and finalize fiscal targets for the next financial year.
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Easy solution. Corporation tax.
Funny how the richest are not being taxed
fbr is on their payrolls they will do their best to protect them.