FBR projects Rs14.5trn revenue excluding impact of any new taxation steps
The FBR projects a revenue collection of Rs 14,500 billion for 2026-27, an 11.7% increase, based on autonomous growth and existing policies, excluding new taxes.
- FBR's Rs 14,500 billion revenue target for 2026-27.
- Projected 11.7% revenue growth without new taxes.
- Forecasting based on economic indicators and tax buoyancy.
ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to collect Rs 14,500 billion during 2026-27 excluding the impact of any new taxation or budgetary measures for new fiscal year.
According to the FBR’s Evidence-Based Revenue Forecasting (EBRF) report (2026-27) issued on Wednesday, for FY2026–27, revenue collection-excluding the impact of any new taxation or budgetary measures—is projected at Rs. 14,500 billion.
This represents a 11.7 percent increase over the expected collection of Rs. 12,983 billion for FY2025-26, as reported in Table 1.
In absolute terms, the projected increment amounts to Rs. 1,517 billion.
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This increase has been estimated by applying tax-specific buoyancy coefficients to projected macroeconomic indicators, thereby capturing autonomous revenue growth under existing policy parameters.
In other words, the forecast isolates the structural responsiveness of the tax system to economic expansion, without incorporating discretionary policy interventions such as rate changes, new levies, or withdrawal of exemptions.
Analytically, a 11.7 percent projected growth rate indicates moderate yet stable revenue expansion, broadly aligned with expected improvements in GDP growth, industrial output, and trade activity.
Copyright Business Recorder, 2026
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