Pakistan, June 1 -- The Federal Board of Revenue's (FBR) revenue shortfall widened to Rs868 billion during the first 11 months of the current fiscal year 2025-26.

The FBR collected Rs11,227 billion during July-May against the revised target of Rs12,095 billion, leaving a gap of Rs868 billion.

"There are two major reasons, including sluggish economic activities due to the Gulf war, and secondly, prolonged Eid holidays caused a further hike in the revenue shortfall. The revenue shortfall ballooned to Rs184 billion in May 2026," top sources in the FBR told The News in background discussions on Saturday.

The FBR's provisional collection stands at Rs966 billion in May 2026 against the desired target of Rs1,150 billion. The FBR high-ups hope...