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Home Breaking News

PM Shehbaz hails FBR for surpassing historic revenue target

byCT Report
03/07/2026
in Breaking News, Islamabad, Latest News, Slider News
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ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Thursday lauded senior officers of the Federal Board of Revenue (FBR) for surpassing the historic revenue collection target of Rs 12.957 trillion during the last fiscal year, and described the achievement as a major milestone in Pakistan’s economic journey and the result of sustained reforms, digitisation and institutional teamwork.

Chairing a meeting with senior FBR officers here at the Prime Minister’s Office, the prime minister congratulated the officers individually and the entire FBR workforce collectively for achieving the record revenue target for fiscal year 2025-26, a news release said.

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Prime Minister Shehbaz Sharif said the timely disbursement of nearly Rs 600 billion in tax refunds during the fiscal year had provided much-needed relief to the business community while supporting export growth.

He expressed confidence that FBR field formations and officers would maintain the same level of commitment to achieve the government’s revenue target of more than Rs15 trillion during the current fiscal year.

He paid tribute to Field Marshal Syed Asim Munir and law enforcement agencies for their efforts in curbing smuggling and ensuring the security of FBR personnel.

The prime minister also praised officers serving in remote areas, acknowledging their dedication and sacrifices in enforcing tax and customs laws.

Highlighting the government’s reform agenda, Prime Minister Shehbaz Sharif said the FBR’s record revenue collection was made possible through reforms initiated over the past two and a half years, with a strong focus on digitisation, transparency and teamwork. He noted that he personally chaired review meetings on FBR performance twice every month, underscoring that institutional reforms remained among the government’s highest priorities.

The prime minister said reputable officers had been posted in FBR field formations to strengthen integrity within the organisation, reiterating that there was no place for corrupt elements in the tax authority.

He directed FBR officials to prioritise taxpayer facilitation alongside revenue collection, stressing that expanding the tax base, improving transparency and enhancing services for taxpayers remained central objectives of the reform programme.

Prime Minister Shehbaz Sharif further announced that the FBR’s new operating model would be based on a digital, faceless tax administration system with minimal human intervention.

He also directed the formation of a high-level committee to recommend measures for improving the career progression and service structure of officers belonging to the Pakistan Customs Service and Inland Revenue Service.

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