ISLAMABAD – The Federal Board of Revenue (FBR) has achieved a strong start to the fiscal year 2025-26 by surpassing its revenue collection target for July 2025.
According to provisional figures, the FBR collected Rs 754.4 billion during the month, exceeding the assigned target of Rs 748 billion and achieving 100.9 percent of the goal.
This performance reflects a positive momentum in the country’s fiscal management and is seen as a promising indicator for the months ahead. The net collection in July shows an increase of Rs 6.4 billion over the set monthly benchmark.
The detailed breakdown of FBR’s July collection reveals that direct taxes contributed Rs 323.6 billion, while sales tax amounted to Rs 352.7 billion. Federal Excise Duty (FED) brought in Rs 46.2 billion, and customs duty added another Rs 113 billion to the overall pool.
The gross revenue collection during July 2025 stood at an impressive Rs 835.5 billion. However, after issuing refunds worth Rs 81.1 billion to taxpayers, the net collection settled at Rs 754.4 billion.
The FBR’s performance in July is particularly significant as it sets the tone for the new fiscal year. Tax authorities have credited improved enforcement, digital tracking systems, and enhanced compliance measures for the stronger-than-expected results.
The government is expected to continue efforts to broaden the tax base and sustain this momentum to meet annual targets and support the country’s economic stability.