FBR revenue shortfall surges to PKR 821 billion in ten months
Despite downward revision, FBR falls short of monthly targets throughout FY25, raising fiscal concerns
Pakistan’s premier tax body, the Federal Board of Revenue (FBR), has provisionally collected PKR 845 billion in April 2025 against the assigned target of PKR 963 billion, reflecting a significant shortfall of PKR 118 billion.
Despite a downward revision in the tax collection target for 2024-25, the FBR's revenue shortfall continues to grow each month during the current fiscal year.
From July to April (2024-25), the FBR collected PKR 9,309 billion against the target of PKR 10,130 billion—falling short by PKR 821 billion.
The average monthly shortfall now stands at approximately PKR 82.1 billion.
The cumulative shortfall has risen from PKR 703 billion during July–March to PKR 821 billion by the end of April 2025.
Earlier, the government had revised the FBR’s annual tax collection target downward from PKR 12,913 billion to PKR 12,334 billion for FY2024-25.
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