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PM Shehbaz Commends FBR for Achieving Record Rs12.957 Trillion Revenue Collection

Shehbaz

Islamabad, July 2, 2026 – The Europe Today: Prime Minister Muhammad Shehbaz Sharif on Thursday hailed the Federal Board of Revenue (FBR) for surpassing the historic revenue collection target of Rs12.957 trillion during fiscal year 2025-26, describing the achievement as a significant milestone in Pakistan’s economic journey and the result of sustained reforms, digitisation and institutional teamwork.

Chairing a meeting with senior FBR officers at the Prime Minister’s Office, the prime minister congratulated the officers individually and the entire FBR workforce for achieving the record revenue target, calling it a testament to the government’s ongoing efforts to strengthen the country’s fiscal system.

Prime Minister Shehbaz Sharif said the timely disbursement of nearly Rs600 billion in tax refunds during the fiscal year had provided much-needed relief to the business community while supporting export growth. He expressed confidence that FBR officers and field formations would maintain the same level of dedication to achieve the government’s revenue target of more than Rs15 trillion during the current fiscal year.

The prime minister also commended Deputy Prime Minister and Foreign Minister Ishaq Dar, Finance Minister Muhammad Aurangzeb, Minister of State for Finance Bilal Azhar Kayani, Attorney General Mansoor Awan, FBR Chairman Rashid Mahmood Langrial, Finance Secretary Imdad Ullah Bosal, members of the government’s economic team and FBR officials for their contributions to the institution’s improved performance.

He paid tribute to Field Marshal Syed Asim Munir and law enforcement agencies for their efforts in curbing smuggling and ensuring the security of FBR personnel. The prime minister also acknowledged the dedication and sacrifices of officers serving in remote areas while enforcing tax and customs laws.

Highlighting the government’s reform agenda, Prime Minister Shehbaz Sharif said the record revenue collection was made possible through reforms implemented over the past two and a half years, particularly in the areas of digitisation, transparency and institutional coordination. He noted that he personally chaired FBR performance review meetings twice every month, underscoring the government’s commitment to institutional reforms.

The prime minister said reputable officers had been posted to key FBR field formations to strengthen integrity within the organisation, reiterating that there was no place for corruption in the country’s tax administration.

He directed FBR officials to prioritise taxpayer facilitation alongside revenue collection, stressing that expanding the tax base, improving transparency and enhancing taxpayer services remained central objectives of the government’s reform programme.

Prime Minister Shehbaz Sharif also announced that the FBR’s new operating model would be based on a digital, faceless tax administration system with minimal human intervention. He further directed the formation of a high-level committee to recommend measures for improving the career progression and service structure of officers serving in the Pakistan Customs Service and Inland Revenue Service.

During the meeting, FBR officials thanked the prime minister for his continued support and appreciation of the institution’s performance. They also briefed him on the performance of field formations across the country.

According to the briefing, the Karachi Large Taxpayers Office collected Rs528 billion in revenue during June 2026, while the Lahore Large Taxpayers Office generated Rs261 billion during the same month. Officials further informed the meeting that customs duty collection at airports had increased by 21 per cent over the past year.

The meeting was attended by Deputy Prime Minister Ishaq Dar, Finance Minister Muhammad Aurangzeb, Minister of State Bilal Azhar Kayani, Attorney General Mansoor Awan, FBR Chairman Rashid Mahmood Langrial and other senior government officials.