FBR Shockingly Misses Out on a Lowered 10-Month Tax Target by Rs. 683 Billion

The Federal Board of Revenue (FBR) has once again failed to meet its tax collection target, with the shortfall widening to Rs. 683 billion during the first ten months of the current fiscal year.

In April alone, tax collection fell short by Rs. 73 billion. Against a monthly target of Rs. 1,029 billion, the FBR collected Rs. 956 billion.

Breakdown of April collections shows:

The annual tax target was earlier set at Rs. 14,131 billion, which was later revised downward to Rs. 13,979 billion. Despite the revision, overall collections continue to lag behind expectations.

Sources said the persistent shortfall highlights ongoing pressure on revenue generation and weaker-than-expected tax inflows during the fiscal year.

What’s shocking about it ?

People are tired of highest taxes but no income

Texts without representation resulted in this mess we are in to begin with. Why do you think we got independence? It was due to taxes without representation. Now we are right back in it.

ask munir to fill the shortfall from their profits.