ISLAMABAD: The Federal Board of Revenue missed its revenue collection target by nearly Rs331 billion in the first half of 2025-26, driven by a fall in domestic sales tax and income tax collection.
The FBR collected Rs6.159 trillion during July-December period against the target of Rs6.490tr. However, the collection is 10pc higher compared to the year-ago figure of Rs5.618tr.
The revenue shortfall is primarily attributed to a slowdown in domestic sales tax collection, driven by several factors. The decline was also recorded in the income tax collection during 1HFY26.
As a result of these factors, the revenue collection fell short of target by Rs21bn in December FY26 to Rs1.425tr against the projected target of Rs1.446tr. However, it recorded a growth of 7.38pc when compared with the last year collection of Rs1.327tr in December FY25.