Pakistan, July 1 -- The Federal Board of Revenue (FBR) has achieved its tax collection target for the 2025-26 fiscal year, collecting a gross revenue of Rs13.601 trillion by the end of June, according to official figures.

Officials said the FBR disbursed Rs597 billion in tax refunds during the fiscal year, bringing net tax revenue to Rs13.003 trillion. The net collection exceeded the annual target of Rs12.983 trillion, enabling the tax authority to achieve its revenue goal for the year.

According to official documents, income tax remained the largest source of revenue, contributing Rs6.645 trillion between July 2025 and June 2026. Sales tax generated Rs4.731 trillion, while customs duty collections reached Rs1.385 trillion during the sa...