ISLAMABAD: The Federal Board of Revenue (FBR) has fallen significantly short of its tax collection target for the first 11 months of the fiscal year 2024-25, raising concerns over the country’s revenue performance ahead of the federal budget.
According to provisional data, the FBR collected Rs. 10,213 billion from July to May, against the assigned target of Rs. 11,240 billion. This marks a staggering shortfall of Rs. 1,027 billion.
The revenue gap widened further in May 2025, when the FBR collected Rs. 904 billion—falling short by Rs. 206 billion from the monthly target of Rs. 1,110 billion.
Officials say the shortfall is attributed to economic slowdown, reduced imports, and tax policy challenges. With the fiscal year nearing its end, the FBR now faces pressure to meet its annual targets and restore credibility in revenue forecasting.
