Written by Mrs. Anjum Shahnawaz The Federal Board of Revenue (FBR) has reported a significant shortfall in tax collection for March 2026, collecting Rs1,187 billion against the monthly target of Rs1,367 billion, sources said. This reflects a gap of Rs180 billion, highlighting ongoing fiscal pressures on Pakistan’s revenue system. According to official breakdowns, income tax remained the largest contributor, generating Rs682 billion during the month. Sales tax collection stood at Rs318 billion, while federal excise duty (FED) amounted to Rs77 billion. Customs duty contributed Rs105 billion to the overall revenue. Despite steady inflows from major tax heads, the total collection fell short of expectations. For the cumulative period of July to March (2025–26), the FBR collected Rs9,307 billion compared to the downward revised target of Rs9,917 billion, resulting in a shortfall of Rs610 billion. The revenue performance indicates…