Senator Muhammad Aurangzeb credits tax reforms, digital transformation, and FBR officials for record revenue collection and improved fiscal stability.
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has praised the Federal Board of Revenue (FBR) for successfully achieving its revised revenue collection target for FY2025-26, describing the milestone as a historic accomplishment made possible through sustained reforms, teamwork, and the commitment of tax officials across the country.
Speaking at a meeting held at the FBR Headquarters on Wednesday, the finance minister congratulated the entire FBR workforce on behalf of the prime minister for their dedication and tireless efforts throughout the fiscal year.
The meeting was attended by FBR Chairman Rashid Mahmood Langrial, board members, senior officials, chief commissioners, and chief collectors, with many participants joining virtually from different regions of Pakistan.
Aurangzeb said the latest revenue achievement reflected the government’s broader economic reform agenda pursued over the past two and a half years.
He noted that Pakistan’s tax collection had nearly doubled during this period, marking one of the most significant fiscal improvements in the country’s history and strengthening overall macroeconomic stability.
The finance minister highlighted that improved revenue performance, coupled with prudent fiscal management, helped Pakistan register its lowest fiscal deficit and highest-ever primary surplus. He added that stronger external sector indicators further reinforced the country’s economic recovery.
Commending both the Inland Revenue and Customs departments, Aurangzeb said the FBR maintained robust revenue growth despite offering substantial tariff relief to support businesses and economic activity.
He also appreciated the tax authority for disbursing Rs. 599 billion in tax refunds during the fiscal year, including a record Rs. 13.5 billion released on the final day of the financial year.
According to him, the timely refund payments demonstrated the government’s commitment to facilitating exporters and improving the business environment.
The finance minister stressed that a modern tax administration should focus not only on increasing revenue but also on enhancing taxpayer facilitation, transparency, and public confidence.
He emphasized expanding the use of digital technologies, automation, and artificial intelligence to simplify tax compliance while reducing discretionary powers and opportunities for corruption.
Aurangzeb further stated that the government’s newly approved FBR operating model would accelerate institutional reforms centered on people, technology, and streamlined processes. He also acknowledged Parliament’s support in enacting the necessary legislation and appreciated Prime Minister’s leadership in advancing Pakistan’s tax reform agenda.
Addressing the gathering, FBR Chairman Rashid Mahmood Langrial thanked the finance minister for visiting the headquarters on the first day of the new fiscal year.
He also appreciated the close collaboration between the Finance Division and the FBR during the budget process, IMF consultations, and discussions with provincial governments, coalition partners, parliamentary committees, and other stakeholders.
Langrial reaffirmed the FBR’s commitment to strengthening merit, professionalism, and integrity as part of its ongoing institutional transformation.
