📌 Key Highlights & Quick Takeaways:
- The Federal Board of Revenue (FBR) has failed to achieve the tax collection targets set for October 2026 and the first four months of the cu.
- According to FBR sources, a shortfall of 129 billion rupees has been revealed against the set target of tax collections in October 2026, whi.
- Sources said that the FBR has received a total of 77 lakh income tax returns from taxpayers and it is expected that the date for filing inco.
The Federal Board of Revenue (FBR) has failed to achieve the tax collection targets set for October 2026 and the first four months of the current financial year and a shortfall of Rs 96 billion has been revealed during the said four months.
According to FBR sources, a shortfall of 129 billion rupees has been revealed against the set target of tax collections in October 2026, while during the first four months of the current financial year (July to October 2026), FBR has revealed a total revenue shortfall of 96 billion rupees.
Sources said that the FBR has received a total of 77 lakh income tax returns from taxpayers and it is expected that the date for filing income tax returns will not be extended further.
According to FBR sources, the FBR has received an interim net tax collection of 1,3 billion rupees during October 2026 compared to the target, while the target set for this period was 1,132 billion rupees. In this sense, in October 2026, only 5% increase was recorded in tax collections compared to October last year.
