FBR eyes Rs4691b revenue collection for current fiscal year

KARACHI: The Federal Board of Revenue (FBR) has been projected at Rs4,691 billion for the current fiscal year against the actual target of Rs4,963 billion.

The International Monetary Fund (IMF) in its country report on Pakistan released on Thursday projected that the collection of the FBR may fall short of Rs272 billion against the actual target of the fiscal year 2020/2021.

You might also like

RCCI chief urges diplomats, business leaders to convert linkages into trade, investment

12/10/2026

Torkham border closure causes up to Rs400b in trade losses as thousands lose livelihoods, traders say

12/10/2026

The government has set revenue collection target of Rs4,963 billion for the current fiscal year. However, the IMF projections for the FBR’s collection are at Rs4,691 billion, which may be revised collection target for the FBR for the fiscal year 2020/2021.

With the latest projection the tax to GDP ratio for the current fiscal year has been projected at 10.2 percent, which is higher than preceding fiscal year of 9.6 percent.

However, the IMF projected better growth in revenue collection in coming years. It projected Rs5,963 billion for fiscal