Islamabad — Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial on Thursday (January 1, 2026) held a high-level meeting with Chief Commissioners Inland Revenue and Chief Collectors of Customs to finalize strategies for achieving the tax collection target for the second half of the 2025-26 fiscal year (January–June).
The meeting, attended by FBR Members for Inland Revenue and Customs Operations, focused on addressing the revenue shortfall recorded in the first six months of the fiscal year. Chairman Langrial, through video link, commended field formations for their recovery efforts, particularly in collecting stuck-up revenue through proper due process.
Officials discussed plans to meet collection targets via court case recoveries, enforcement actions, and administrative measures. The FBR’s overall tax target for 2025-26 has been revised downward from Rs14,307 billion to Rs13,979 billion, reflecting a shortfall of Rs328 billion. Field heads highlighted potential areas of collection in the third quarter (January–March 2026).
Additional revenue measures were also considered, including:
• Increasing excise duties on fertilizers and pesticides by 5%
• Introducing excise on high-value sugary products
• Broadening the sales tax base by moving select items to the standard rate
The meeting shared updated revenue figures, revealing that FBR collected Rs6,169 billion during July–December 2025-26, against a target of Rs6,490 billion, reducing the shortfall to Rs321 billion. December 2025 provisional collections stood at Rs1,425 billion against a monthly target of Rs1,446 billion, leaving a shortfall of Rs21 billion.
Chairman Langrial appreciated the efforts of newly appointed FBR Member Inland Revenue (Operations) Zubair Bilal, whose initiatives helped minimize the tax collection gap during the review period.
This strategic planning is part of FBR’s ongoing efforts to strengthen revenue collection, safeguard fiscal targets, and support Pakistan’s economic stability.