ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs3,837 billion during the first four months (July–October) of the ongoing fiscal year 2025–26, falling short of its assigned target of Rs4,109 billion by Rs272 billion, according to provisional data compiled on Friday.
The shortfall underscores continued challenges in revenue mobilization amid sluggish economic activity and weak compliance trends.
According to the data, the FBR collected Rs952 billion in October 2025 against a monthly target of Rs1,026 billion, reflecting a deficit of Rs74 billion. Officials expect that the figure may slightly improve to around Rs955 billion once final numbers are reconciled by November 1.
Sources attributed the shortfall primarily to slower growth in domestic tax receipts and import compression, which continues to impact customs and sales tax collections.
Meanwhile, the FBR reported that it collected Rs135 billion in taxes paid along with income tax returns during July–October 2025, marking an increase of Rs8 billion compared to Rs127 billion during the same period last year.
However, compliance remains a major concern. Officials revealed that 34 percent of taxpayers filed “nil” returns during the first four months of FY2025–26, indicating limited expansion in the tax base despite ongoing documentation efforts.
The FBR is expected to finalize and release the consolidated revenue collection data in the coming days after verification from field formations.
 has provisionally collected Rs3,837 billion during the first four months (July–October) of the ongoing fiscal year 2025–26, falling short of its assigned target of Rs4,109 billion by Rs272 billion, according to provisional data compiled on Friday.){kind=link}