Islamabad: In a determined effort to reduce the fiscal shortfall ahead of the upcoming federal budget, the Federal Board of Revenue (FBR) is aiming to secure a significant revenue boost through pending litigation.
Authorities are hopeful that around Rs250 billion could be recovered before June 30, largely from cases currently awaiting resolution in the tax benches of the Supreme Court and High Courts.
These cases, particularly those related to super tax, are seen as strong candidates for favorable judgments, with Rs200 billion worth of super tax disputes alone pending in the courts.
Additionally, around Rs600 billion in tax-related cases are still under adjudication in tribunals, representing a substantial chunk of unrealized revenue.
The FBR has intensified its efforts to expedite recoveries and close gaps in tax collection as the budget deadline nears.
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So far, Rs20 billion has already been recovered from two major companies, fueling optimism within the tax authority about the potential for further large-scale recoveries.
The FBR anticipates that more large corporations may follow suit, either through legal resolution or voluntary compliance, adding momentum to its revenue-raising drive.
Also Read: FBR Shuts Retail Outlets Over Alleged Tax Evasion
These developments are seen as critical to meeting annual tax targets and easing pressure on the government as it prepares the fiscal roadmap for 2025–26.
