ISLAMABAD: Chairman of the Federal Board of Revenue (FBR) Rashid Mahmood Langrial on Thursday held a high-level meeting with Chief Commissioners, Inland Revenue, and Chief Collectors of Customs to finalize the strategy for achievement of the assigned tax collection target in the second half (January-June) of 2025-26.
In this regard, FBR Member Inland Revenue (Operations) and FBR Member Customs (Operations) also participated in the meeting to overcome revenue shortfall during the first six months of 2025-26.
Through a video link, the FBR Chairman appreciated the recovery drive of the field formations to recover the admissible amount of stuck-up revenue after due process. According to the sources, tax authorities discussed the strategy to meet the target through recovery from court cases and enforcement/administrative measures in the remaining period of the current fiscal year.
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The meeting was informed that the tax collection target of the FBR has been revised downward, from Rs 14,307 billion to Rs 13,979 billion for 2025-26, reflecting a decrease of Rs 328 billion. Each head of the field formation shared potential areas of tax collection in the third quarter (January-March) 2025-26 with the tax authorities.
The possibility of additional revenue measures to safeguard the fiscal targets was also discussed. It included increasing excise duties on fertilizers and pesticides by 5 percentage points, introducing excises on high-value sugary items, and broadening the sales tax base by moving select items to the standard rate.
The meeting shared the updated figures of revenue collection that the FBR’s tax collection totalled at Rs6169 billion during the first six months (July-December) 2025-26 against the target of Rs 6490 billion, reducing the shortfall to Rs 321 billion.
The provisional data revealed that the provisional tax collection figure for December 2025 stood at Rs1425 billion against the monthly target of Rs1446 billion, reflecting a shortfall of Rs21 billion.
The meeting highly appreciated the efforts of newly appointed FBR Member Inland Revenue (Operations) Zubair Bilal to generate revenue, which helped in reducing the shortfall in tax collection during the period under review.
Copyright Business Recorder, 2026
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