Pakistan collects record PKR 11.7 trillion in taxes in FY25
June emerged as a standout month, with FBR reporting PKR 1,509 billion in revenue
Shahzad Raza
Correspondent
Shahzad; a journalist with 12+ years of experience, working in Multi Media. Worked in Field, covered Big Legal Constitutional and Political Events in Pakistan since 2012. Graduate of Islamic University Islamabad.
Pakistan's tax collection body, the Federal Board of Revenue (FBR), announced that it has collected a record-breaking PKR 11.7 trillion in taxes for the fiscal year 2024-25 (FY25), marking a 26% increase compared to the previous year.
The collection came in close to the revised annual target of PKR 11.9 trillion, falling short by just PKR 178 billion, underscoring significant progress in revenue mobilization amid ongoing economic reforms.
However, the collection missed the original target by PKR 1.2 trillion.
June emerged as a standout month, with FBR reporting PKR 1,509 billion in revenue, a 28% increase year-on-year and a striking 66% jump compared to May.
Officials credit the surge to expanded tax compliance efforts, digitization initiatives, and targeted enforcement measures that boosted both direct and indirect tax inflows.
Analysts see the strong fiscal performance as a positive signal for Pakistan’s macroeconomic stabilization goals, though maintaining this momentum in FY26 remains a critical challenge for policymakers.
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