ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Langrial has said that tax collections registered a significant increase during the fiscal year 2025-26, reflecting improvements in revenue generation and tax administration.
Speaking during the presentation of the National Economic Survey, the FBR chairman said the tax authority had undertaken detailed assessments based on economic growth projections and exchange rate trends.
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Langrial noted that the National Accountability Bureau (NAB) had provided details of older property records, which helped strengthen documentation and verification efforts.
He explained that changes in the dollar exchange rate can affect sales tax collection levels, adding that a stronger exchange rate may result in lower sales tax receipts in certain sectors.
The FBR chairman stated that revenue collection stood at $32.6 billion in June 2024 and increased to $41.9 billion in June 2025. He added that revenue is expected to exceed $46.4 billion by June 2026, indicating continued growth in tax receipts.
Langrial also praised Prime Minister Shehbaz Sharif and the government leadership for supporting reforms aimed at eliminating the culture of recommendations and undue influence within the FBR.
He said institutional reforms and improved governance measures have contributed to greater transparency and efficiency in the country’s tax administration system.
