FBR Misses Target by Rs428B in Five Months

ISLAMABAD: FBR is bleeding red — Rs428 billion short in Jul–Nov FY26 despite new taxes, rate hikes, and enforcement blitz, official data confirms. Collected Rs4.715T vs target Rs5.14T. Desperate, FBR forced banks open Saturday to chase Rs15B extra. Income tax missed by Rs177B, sales tax by a brutal Rs250B, FED slightly under, only customs beat target by Rs1B. November alone: Rs157B shortfall (Rs878B vs Rs1.035T). Even with weekend cash, gap stays ~Rs135B. FBR also running headless — no permanent Inland Revenue Operations member since mid-Nov. Businesses scream for relief as SIFC coordinator admits private sector crushed by tax avalanche.