Pakistan Customs Secures Historic Seat On World Customs Organization Policy Commission Following Landmark Election Victory
Pakistan joins the principal policy forum of the World Customs Organization for the first time in seventy years after winning the Asia Pacific region election.
Federal Board of Revenue Orders Field Offices Nationwide to Remain Operational Over Coming Weekend for Tax Collection
The Federal Board of Revenue directs all large, medium, corporate, and regional tax offices to treat the upcoming weekend as regular working days to maximize revenue collection.
IMF Demands Strict Action Against Trade Based Money Laundering Ahead of Pakistan Federal Budget Negotiations
The International Monetary Fund has pressed Pakistan to tighten financial supervision and curb suspicious trade transactions as an official delegation lands to negotiate the upcoming federal budget.
Prime Minister Establishes Special Structural Committees to Overhaul and Finalize Federal Budget
The federal administration forms specialized panels under Deputy Prime Minister Ishaq Dar and Ahad Cheema to steer tax policy and enforcement strategies for the IMF program.
Government Pledges Enhanced Industrial Production Monitoring to IMF to Yield Rs 48 Billion
The Federal Board of Revenue expands automated production monitoring into the textile and beverage industries to secure billions in revenue under IMF benchmarks.
Senate Panel Discloses Plan to Publish Redacted Civil Servant Asset Declarations Online
The Senate Standing Committee on Finance and Revenue reviews digital asset declarations for civil servants, customs discrepancies, and sovereign wealth fund changes.
Federal Budget Review Committee Assembles to Formulate Fiscal Measures for IMF Commitments
A high level budget review committee led by Foreign Minister Ishaq Dar convenes to design fiscal measures and taxes to align with upcoming IMF targets.
Federal Constitutional Court Validates Retrospective Super Tax to Generate Essential Fiscal Space
The apex constitutional court officially upholds Section 4C of the Income Tax Ordinance, enabling the state to collect billions from high-income corporate sectors.
Pakistan Budget Deficit Hits 856 Billion Rupees Despite Strong Tax Collection and Provincial Surplus
Pakistan reports a federal budget deficit of 856 billion rupees for the first nine months of FY26 as high debt servicing and defense spending offset record tax revenues.
FBR Reports Dramatic 110 Percent Surge in Out of Demand Income Tax Collection
Federal Board of Revenue data shows income tax collection under the Out of Demand category doubled to Rs 266 billion in FY25 driven by aggressive enforcement.