Business leader cautions budget strategy may burden compliant sectors unless tax base is broadened and industrial reforms are introduced
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Budget 2026–27: FBR assigned ambitious target of Rs15.26 trillion
The federal government demands an extra Rs2.29 trillion in tax revenue for the new fiscal year, despite a downward revision in the outgoing year’s collection target.
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Carbon levy fills state coffers with over Rs25 billion in 1HFY26
Islamabad, February 9, 2026 – The federal government has collected over Rs25 billion as carbon levy during the first half (July–December) of the ongoing fiscal year 2025-26, reflecting the initial financial impact of the newly introduced environmental taxation measures, according to official statistics released by the Ministry of Finance.
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Finance Bill 2025 unleashes Rs600 billion additional tax burden
In a dramatic fiscal move, the Finance Bill 2025 has dropped a heavy hammer on the Pakistani public, proposing an enormous burden of over Rs600 billion in new taxes and enforcement measures.
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FBR’s tax collection target revised down to Rs11.90 trillion for FY25
Islamabad, June 10, 2025 – The federal government has officially revised downward the tax collection target for the Federal Board of Revenue (FBR) for the current fiscal year 2024-25, lowering it to Rs11.90 trillion from the earlier target of Rs12.97 trillion. This downward revision reflects the challenges faced in meeting revenue goals amid ongoing economic pressures.
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FBR sees 19% growth in May tax collection but falls short of target
Karachi, May 31, 2025 – The Federal Board of Revenue (FBR) recorded a notable 19% year-on-year increase in tax collection for May 2025, though it fell short of meeting its monthly target, according to a report by Arif Habib Limited.
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Budget 2025-26 eyes revenue with tough new measures
Karachi, May 29, 2025 — As the countdown begins for the presentation of Budget 2025-26 on June 10, economic analysts anticipate a challenging fiscal blueprint aimed at aggressive revenue mobilization amid low inflation and sluggish GDP growth.
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Tax collection shortfall crosses Rs800 billion in 10MFY25
Islamabad, May 1, 2025 – Pakistan’s tax collection performance continues to struggle as the Federal Board of Revenue (FBR) faces a widening shortfall that has now exceeded Rs800 billion during the first 10 months (July to April) of the current fiscal year (FY2024-25).
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FBR Must Collect Rs 1.50 Trillion Monthly to Meet FY25 Target
Islamabad, March 30, 2025 – The Federal Board of Revenue (FBR) must achieve a monthly tax collection of Rs 1.50 trillion during the last quarter (April – June) to successfully meet its annual fiscal year 2024-25 target.
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Pakistan Tax Blueprint for the Remainder of FY25
Islamabad, March 17, 2025 – The government of Pakistan has revised its tax collection target for the fiscal year 2024-25, adjusting it from PKR 12.97 trillion to PKR 12.35 trillion following negotiations with the International Monetary Fund (IMF).
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