ISLAMABAD: Following the Federal Constitutional Court’s ruling upholding the super tax, the Federal Board of Revenue is preparing to collect an estimated Rs150 to Rs200 billion in the current quarter (January–March) to help cover the revenue shortfall.

FBR officials are awaiting the official written verdict from the apex court, which is expected on Wednesday. With only two working days left in January, the tax authority is aiming to mobilise Rs50 to Rs60 billion to meet the monthly tax target of Rs1,031 billion.

Senior official sources told The News that the IMF has already been informed about the expected recovery following the court’s decision. Although the pending super tax liability has been assessed at around Rs300 billion, officials expect the practical recovery to remain between Rs150 and Rs200 billion.

The FBR plans to secure this amount within the ongoing quarter of the current fiscal year in an effort to minimise the overall revenue gap.

Under the existing framework, super tax is imposed at rates ranging from 1% to 10%, depending on annual profits. Companies earning between Rs150 million and Rs200 million are charged 1%, profits up to Rs250 million are taxed at 1.5%, up to Rs300 million at 2.5%, up to Rs350 million at 3.5%, up to Rs400 million at 5.5%, up to Rs500 million at 7.5%, while profits above that level attract a super tax of up to 10%. The levy mainly applies to large companies, banks and other highly profitable sectors.

During the first half of the current fiscal year (July–December), the FBR collected Rs6,161 billion but faced a shortfall of Rs329 billion against the IMF-agreed target.

For the period ending March 2026, the FBR and the IMF have set a cumulative collection target of Rs9,917 billion. To meet this goal, the FBR needs to collect Rs3,756 billion during the January–March quarter.

Meanwhile, the Ministry of Finance has issued budget strategy guidelines to the FBR, directing it to address any revenue shortfall through improved tax collection measures rather than imposing new taxes.