The Punjab Assembly’s Public Accounts Committee-II (PAC-II) has identified major financial irregularities and revenue leakages within the Board of Revenue, highlighting weaknesses in tax collection and land management systems across Punjab. The findings emerged during a committee meeting chaired by Syed Ali Haider Gilani at the Punjab Assembly, where officials from the assembly, audit, finance […]
tax collection
FBR misses target by Rs270 billion in first four months
ISLAMABAD – The Federal Board of Revenue (FBR) faced a Rs270 billion revenue shortfall from July to October 2025. The agency collected less than its set target for the first four months of the financial year. The gap highlights ongoing challenges in tax compliance and collection. Sources said FBR collected Rs3,840 billion during this period, […]
FBR faces Rs270 billion shortfall in tax collection
ISLAMABAD: The Federal Board of Revenue (FBR) has reported a tax collection shortfall of Rs270 billion during the first four months of the ongoing fiscal year, from July to October 2025, highlighting continued fiscal challenges for the government. According to official data, the FBR collected Rs3.84 trillion in taxes during this period, against the target […]
Punjab to Establish Special Unit to Boost Tax Collection and Transparency
LAHORE – The Punjab government has announced the creation of a special unit within the Punjab Revenue Authority (PRA) aimed at enhancing tax collection, broadening the tax base, and ensuring transparency in revenue processes. The decision came during a high-level meeting on revenue collection, chaired by Chief Minister Maryam Nawaz Sharif. The new special unit […]
IMF alarmed as Pakistan misses Rs12.97 trillion tax target
The International Monetary Fund (IMF) has raised serious concerns after Pakistan failed to meet its annual tax collection target. The government collected Rs11.74 trillion last fiscal year — well below the Rs12.97 trillion goal. The issue came up during the second round of economic review talks between Pakistani officials and the IMF in Islamabad. The […]
PM Shehbaz hails FBR reforms as key to rising tax collection
ISLAMABAD – Prime Minister Shehbaz Sharif expressed satisfaction over the rise in tax collection due to reforms in the Federal Board of Revenue (FBR). Chairing a weekly review meeting on FBR reforms, the PM said that the improvement in the tax-to-GDP ratio is encouraging. He pledged full support to the reform efforts and said both the […]
FBR reshuffles 252 officers after tax win
After surpassing its tax collection target for July, the Federal Board of Revenue (FBR) has announced a large-scale reshuffle, transferring and posting 252 officers from Grade 17 to 22 across the country. A notification issued by the FBR confirms that the transfers and new postings are effective immediately. This administrative shake-up follows the board’s strong […]
Salaried class still faces heavy Rs535 billion tax burden despite budget relief
The government plans to collect Rs535 billion in income tax from the salaried class in FY 2025-26, despite offering only Rs56 billion in tax relief. The relief comes from a 2% to 4% reduction in tax rates across various salary slabs. However, the National Assembly Standing Committee on Finance called this relief a “joke,” saying […]
Finance ministry releases economic outlook: Tax revenue and exports see strong growth
ISLAMABAD: The Finance Ministry of Pakistan has released its latest Economic Outlook Report, showing notable improvements in tax collection, exports, and inflation control. According to the report, the government collected 36.7% more tax revenue compared to the previous year, indicating a stronger grip on fiscal management. The report highlights a significant drop in inflation, which […]
Tax reforms to ease pressure on common people: PM Shehbaz
Prime Minister Shehbaz Sharif has said that expanding the tax net and updating old tax laws will reduce the burden on the common man. He stated that the changes aim to remove hurdles in tax collection and make the system more fair and simple. The focus is to bring more people and sectors into the […]