FBR collected approximately Rs 1.722 trillion during July and August 2026, marginally exceeding the two-month target of Rs 1.710 trillion. However, the underlying tax-wise performance shows that the overall target was achieved despite shortfalls in some major revenue heads.
Income tax collection stood at around Rs 688 billion against a target of Rs 758 billion, reflecting a shortfall of approximately Rs70 billion. Customs duty also remained slightly below target. On the other hand, sales tax collection reached around Rs 718 billion against the target of Rs633 billion, while Federal Excise Duty marginally exceeded its target. Refunds and rebates during the period increased to approximately Rs 155 billion compared with Rs 124 billion in the corresponding period last year.
The figures are useful in understanding the composition of Pakistan’s revenue collection. While the aggregate target has been achieved, the significant reliance on stronger sales tax collections alongside weaker income tax performance provides a more complete picture of the fiscal position. With the annual FY2026-27 FBR revenue target fixed at Rs 15.264 trillion, the trend in individual tax heads will remain important over the coming months.