Report: ANI
ISLAMABAD –The Federal Board of Revenue (FBR) has provisionally collected around Rs3.066 trillion to Rs3.078 trillion during the first quarter of fiscal year 2026-27, exceeding its quarterly target of Rs3.053 trillion, according to the latest figures.
FBR Chairman said around 5.5 million tax returns have been received so far, compared with 4 million during the corresponding period last year, indicating a significant increase in tax filing.
In September, the FBR provisionally collected more than Rs1.344 trillion against the monthly target of Rs1.343 trillion. During the first two months of FY27, collection stood at Rs1.722 trillion, around Rs12 billion above the two-month target.
Sales tax contributed around Rs1.14 trillion during the quarter, while customs duty stood at approximately Rs312 billion and Federal Excise Duty (FED) at around Rs197 billion. The FBR also issued tax refunds during the quarter, with the latest figures indicating refunds of around Rs203.2 billion.
The revenue authority said it continues to focus on improving tax collection, enforcement and compliance to meet the government’s revenue targets for FY2026-27.
