FBR misses October tax target by Rs156 billion
ISLAMABAD: The Federal Board of Revenue (FBR) failed to meet its tax collection target for October 2026. It collected Rs975 billion against the monthly target of Rs1,131 billion, a shortfall of Rs156 billion.
On the last day of the month, 31 October, which was a Saturday, designated tax offices and selected bank branches were kept open to increase collection. According to FBR officials, a further Rs40 billion is expected to be collected by the end of the day.
The target was also missed in the first four months of the current fiscal year. Against a target of Rs4,185 billion, Rs4,061 billion has been collected so far, a gap of Rs124 billion.
The government has set the annual tax collection target for the fiscal year 2026-27 at Rs15,264 billion, which was approved by Parliament.
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