India, Dec. 4 -- Lahore [Pakistan], December 4 (ANI) Pakistan's struggle to meet its revenue targets for the ongoing fiscal year has once again highlighted the deep-rooted structural inefficiencies within the Federal Board of Revenue (FBR). Preliminary figures from the first quarter of FY 2025-26 reveal a shortfall of nearly Rs200 billion, signalling that the government's taxation framework remains riddled with gaps and outdated mechanisms, as reported by The Express Tribune.

According to The Express Tribune, the government had set a target requiring an annual revenue growth of 20.3%. However, the FBR has managed to achieve only 12.5% so far, widening the gap between projections and actual collections. Business leaders stated that such f...