The Federal Board of Revenue (FBR) has provisionally collected Rs. 754 billion in July 2025, exceeding its monthly target of Rs. 748 billion and marking a strong start to fiscal year 2025–26, official sources confirmed on Thursday.
The figure represents a year-on-year increase of Rs. 95 billion, as the tax body collected Rs. 659 billion in July 2024. The improved performance follows the implementation of over Rs. 400 billion in new tax measures announced in the federal budget for FY25–26, aimed at boosting fiscal consolidation, widening the tax base, and improving compliance.
The July 2025 collection comprises Rs. 323 billion in income tax; Rs. 352 billion in sales tax; Rs. 113 billion in customs duty; and Rs. 46 billion in federal excise duty. The gross tax collection thus stood at Rs. 835.5 billion during July 2025 but after payment of refund of Rs. 81.1 billion the net monthly collected totaled Rs. 754.4 billion.
The government has set an ambitious revenue target of Rs. 14.131 trillion for FY25–26, a key component of Pakistan’s economic reform commitments and its International Monetary Fund-backed fiscal roadmap.
FBR officials have attributed the strong collection to enhanced enforcement efforts, digitization of tax systems, expansion of the taxpayer base, and tighter compliance mechanisms introduced as part of ongoing structural reforms.
In FY25, the FBR collected Rs. 11.7 trillion, short of its revised estimate by around Rs. 200 billion.