Despite collecting Rs8400b revenue, FBR still faces Rs721b shortfall

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ISLAMABAD: Federal Board of Revenue (FBR) achieved another milestone by collecting Rs8400 billion tax revenue but also posted shortfall of Rs721 billion during first nine months of current fiscal year 2025. It reported in media that FBR stated that 26 percent increase was recorded in collection of taxes on Year-on-Year (YoY) basis while FBR was assigned tax collection target of Rs9167 billion. However, despite increase of 26 percent in collection of taxes, FBR still facing Rs721 revenue collection shortfall.
During the month of March 2025, 25 percent enhancement was witnessed in collection of taxes as compared with the figures of same period of previous fiscal year. FBR was assigned Rs1220 billion tax collection target for the month of March 2025 which was short by Rs120 billion. News Agency