---
title: 'Billions Short: FBR Falls Below Revenue Goals'
url: 'https://thediplomaticinsight.com/billions-short-fbr-falls-below-revenue-goals/'
author: 'Irshad Hussain'
date: '2024-11-01T19:00:51+05:00'
categories:
  - 'Economy'
---

# Billions Short: FBR Falls Below Revenue Goals

**Islamabad (TDI):** The Federal Board of Revenue (FBR) missed its target by Rs. 192 billion, collecting Rs. 3,440 billion in the first four months of 2024-25 against a target of Rs. 3,636 billion.

October’s collection alone fell short by Rs. 102 billion. The FBR now anticipates a further Rs. 230 billion shortfall in the October-December quarter.

The government has committed to the IMF to introduce additional tax measures if collections fall 1% below projections for the fiscal year.

**Read More:[FBR undergoes massive restructuring: Aurangzeb](https://thediplomaticinsight.com/fbr-undergoes-massive-restructuring-aurangzeb/)**

The FBR had collected Rs 7,366 billion during July-April (2023-24) against the assigned revenue collection target of Rs 7,414 billion, reflecting a shortfall of Rs 48 billion.

Meanwhile, only 105 shopkeepers and retailers were registered with ‘Tajir Dost App’ of the FBR till the deadline of April 30, 2024.

**Also Read:[ADB Country Director calls on FBR Chairman](https://thediplomaticinsight.com/adb-country-director-calls-on-fbr-chairman/)**

The incumbent government has pledged reforms in FBR and tax collections for revamping performance relating to revenue.