ISLAMABAD, Jan 28 — The Federal Board of Revenue (FBR) is preparing to collect an estimated Rs150–200 billion in Super Tax during the current quarter. The move comes after the Federal Constitutional Court upheld the tax.
FBR officials are waiting for the official written verdict from the apex court, expected on Wednesday. With just two working days left, the authorities aim to mobilize Rs50–60bn to meet the January 2026 target of Rs1,031bn.
Top FBR sources told The News that although the pending liability is Rs300bn, realistic recovery is expected to be around Rs150–200bn. The tax body has informed the IMF of its collection plan following the court decision.
The FBR plans to secure revenue within the ongoing quarter to minimize the fiscal shortfall. Super Tax is levied at rates ranging from 1% to 10%, depending on annual profits.
Companies earning Rs150–200 million annually pay 1%, while profits up to Rs250 million attract a 1.5% rate. Profits up to Rs300 million face 2.5%, up to Rs350 million 3.5%, up to Rs400 million 5.5%, up to Rs500 million 7.5%, and profits above Rs500 million pay 10%.
The tax mainly targets large companies, banks, and highly profitable sectors. During the first half of the fiscal year (July–December), the FBR collected Rs6,161bn but faced a shortfall of Rs329bn in reaching the target agreed with the IMF.
For the January–March 2026 period, the FBR aims to collect Rs3,756bn to achieve the total quarterly target of Rs9,917bn set with the IMF. The Ministry of Finance has directed the FBR to address revenue gaps through enhanced collection rather than introducing new taxes.
Officials said the Super Tax collection would significantly reduce the revenue deficit. The FBR remains focused on monitoring large taxpayers and ensuring compliance. Read how the Federal Court cleared the way for full implementation of Super Tax across Pakistan.
The FBR emphasized that the collection strategy relies on proper enforcement and timely mobilization of funds. Authorities are optimistic that the Rs150–200bn target will be met by the end of the quarter.
