FBR Achieves Revised FY26 Tax Target, Issues Rs 40 Billion in Refunds: Exporters Gain Liquidity
The Federal Board of Revenue (FBR) announced it successfully met its revised tax collection target of Rs 12,957 billion for fiscal year 2025-26, with provisional net collections reaching Rs 13,001 billion. A key part of this effort included issuing over Rs 40 billion in refunds to the business community, particularly exporters.