FBR exceeds July tax collection target by Rs40bn
Published On 01 Aug, 2026
The provisional data shows that the FBR achieved 105 percent of its monthly target during the first month of the current fiscal year, marking a strong start to the fiscal year.
According to the figures, the tax authority collected gross revenue of Rs918 billion in July, out of which Rs98 billion was refunded to taxpayers, resulting in a net collection of Rs820 billion.
Under the income tax head, the FBR had set a target of Rs323 billion but recorded a net collection of Rs308 billion. Gross income tax receipts stood at Rs343 billion, while Rs35 billion was paid out in refunds.
The FBR collected Rs413 billion in sales tax during July and issued Rs53 billion in sales tax refunds during the month.
Revenue from the Federal Excise Duty (FED) reached Rs48 billion, slightly exceeding the target of Rs47 billion.
Meanwhile, customs duty collections amounted to Rs115 billion, surpassing the monthly target of Rs105 billion.
