Govt considers slashing FBR tax target, proposal of floods levy on cards

A representational image showing the FBR logo. — FBR website/FileGovt mulls reducing FBR’s tax target to Rs13.7tr from Rs14.13 tr.Reduction of tax target by Rs300-500bn for FY26 possible.Flood levy to be imposed on high-net-worth sectors, individuals.ISLAMABAD:…