Strong sales tax receipts help FBR beat its July revenue target despite lower-than-expected income tax collections, providing a solid start to FY2026-27.
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Karachi consumers pay over Rs26bn income tax through electricity bills in FY26
Advance income tax collection falls 23% as growing rooftop solar adoption reduces grid electricity consumption
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LTO Karachi shatters records by collecting Rs3.61 trillion in FY2025-26
FBR’s largest tax office posts record net revenue as direct taxes, sales tax and Federal Excise Duty collections register strong growth despite economic challenges.
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Khurram Ijaz questions FBR’s Rs15.26 trillion revenue target, warns of pressure on taxpayers
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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