pakistan
FBR rejects claims of tax shortfall, says revenue performance remains strong
Key takeaways
- According to FBR Advisor Khurram Shahzad, the perception of an Rs 864 billion tax shortfall is misleading, as it is being calculated against an earlier annual target of Rs 14,130 billion.
- He clarified that following consultations with the International Monetary Fund (IMF), the revenue target was revised to around Rs 13,000 billion, making comparisons with the original figure inaccurate.
- Official data shows that the FBR collected Rs 966 billion in May 2026, reflecting a 7 percent year-on-year increase, although the figure remained Rs 184 billion below the monthly target of Rs 1,150 billion.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize ISLAMABAD: The Federal Board of Revenue (FBR) has rejected speculation regarding a large tax shortfall, stating that its overall revenue performance remains stable and in line with revised fiscal targets, ARY News reported.
According to FBR Advisor Khurram Shahzad, the perception of an Rs 864 billion tax shortfall is misleading, as it is being calculated against an earlier annual target of Rs 14,130 billion.
He clarified that following consultations with the International Monetary Fund (IMF), the revenue target was revised to around Rs 13,000 billion, making comparisons with the original figure inaccurate.
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