The Federal Board of Revenue (FBR) has been assigned an ambitious tax collection target of Rs15,264 billion for the fiscal year 2026-27, reflecting the government’s efforts to increase revenue generation and strengthen the country’s financial position.
According to budget documents, the new tax target is Rs2,281 billion higher than the revised collection goal of Rs12,983 billion set for the ongoing fiscal year, indicating a significant increase in expected revenue.
The documents show that direct taxes will remain the major source of revenue, with the government projecting a collection of Rs7,613 billion under this category. Out of this amount, income tax is expected to contribute Rs7,480 billion.
The government has also estimated revenue of Rs26.58 billion from the Capital Value Tax (CVT), while contributions from the Workers’ Welfare Fund and Workers’ Profit Participation Fund are projected at Rs22.31 billion and Rs83.58 billion, respectively.
Meanwhile, indirect tax collections are expected to reach Rs7,651 billion during the next fiscal year. This includes Rs1,651 billion from customs duties, a major share from sales tax collections, and Rs1,73 billion projected from the federal excise duty.
