Reforms yield record tax, says PM Shehbaz

Published
0
Prime Minister Shehbaz Sharif. —GovtofPakistan/X/File
Prime Minister Shehbaz Sharif. —GovtofPakistan/X/File

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday said record tax collection was the outcome of reforms, digitisation and teamwork pursued over the past two and a half years to revamp the tax machinery.

The remarks came from the prime minister while speaking to senior tax officers at the Prime Minister’s Secretariat to celebrate the achievement of the downward-revised revenue collection target for FY26.

Mr Sharif said he personally chaired review meetings on FBR affairs twice a month because reforms in the tax authority remain one of the government’s highest priorities. He stressed that only officers with good reputations had been posted in field formations, while corrupt elements had no place in the organisation.

Alongside revenue mobilisation, he emphasised that facilitating taxpayers and the business community should remain a priority. He said the pace of ongoing reforms in the FBR would be further accelerated, with expansion of the tax net, greater transparency, and impro­ved taxpayer facilitation remaining the Board’s foremost priorities.

The new FBR’s operating model, he added, would be based on a faceless, digital system with minimal human intervention.

The prime minister directed the formation of a high-level committee to improve the career progression of officers in the Pakistan Customs Service and the Inland Revenue Service and to further strengthen their service structure.

According to the briefing, Karachi Large Taxpa­yer Office (LTO) collected Rs528 billion in June, while Lahore LTU mobilised Rs261bn. Customs duty collection at airports rose 21 per cent over the past year.

Calling the achievement of the revenue target for FY26 “a milestone”, the prime minister extended congratulations to each officer individually and to the FBR staff collectively. He noted that timely payment of nearly Rs600bn in tax refunds during the year had facilitated the business community and supported export growth.

Published in Dawn, July 3rd, 2026

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Parliament’s place
Updated 11 Oct, 2026

Parliament’s place

In 2015, the parliament had decided to “maintain neutrality in the Yemen conflict so as to be able to play a proactive diplomatic role to end the crisis”.
Disturbing the peace
11 Oct, 2026

Disturbing the peace

THIS year’s Nobel Peace Prize is well-earned. The winner, South African jurist Dr Navi Pillay, has had an...
A voice in care
10 Oct, 2026

A voice in care

WORLD Mental Health Day this year carries a compelling message. The theme, ‘Lived experiences heard: real voices,...
Midterm break
Updated 10 Oct, 2026

Midterm break

Both the US and Israel need to halt their destructive misadventures in the Middle East.
American barbarism
Updated 10 Oct, 2026

American barbarism

WITH the spectre of defeat in the upcoming midterm elections looming large over the Trump administration, the...