July-May Collection Falls Short by Rs1tr

July-May collection falls short by Rs1tr

ISLAMABAD: The Federal Board of Revenue (FBR) missed its revenue collection target by nearly Rs1.008 trillion in the first 11 months of FY25 due to slowing economic growth and a drop in imports, which impacted domestic sales tax collection. The FBR collected Rs10.233tr between July and May against the budgetary target of Rs11.241tr. However, the collection is 26 per cent higher than the Rs8.11tr collected a year ago. On a monthly basis, the FBR …

Federal revenue crisis deepens as tax shortfall crosses one trillion rupees

The Federal Board of Revenue is facing an alarming fiscal challenge as the cumulative tax shortfall for the financial year 2024 to 2025 has surged past one trillion rupees. According to internal FBR sources, provisional figures reveal that the authority collected approximately 904 billion rupees in tax revenues during May 2025, falling short by a substantial 206 billion rupees from its monthly target of 1110 billion. This significant gap has cas…

FBR faces Rs206 Billion tax shortfall in May 2025

The Federal Board of Revenue (FBR) faced a shortfall of Rs 206 billion in tax collection for May 2025. According to sources, the FBR managed to collect only Rs 904 billion against the target of Rs 1,110 billion for the month. Sources further revealed that from July to May of the current fiscal year, there has been a cumulative shortfall of Rs 1,027 billion in total tax revenue. The FBR collected Rs 10,213 billion against the annual target of Rs …