President Asif Ali Zardari Approves Finance Act 2026 to Implement Multibillion Dollar Taxation Plan
President Asif Ali Zardari officially signs the Finance Act 2026 into law, greenlighting structural tax overhauls and automated fiscal enforcement systems.
FBR Reports 610 Billion Rupee Revenue Shortfall for July-March Fiscal Period
The Federal Board of Revenue faces a significant revenue collection gap of Rs 610 billion against revised targets for the first nine months of the fiscal year 2025-26.
Pakistan FBR Faces Rs457 Billion Revenue Shortfall Despite 11% Growth
The Federal Board of Revenue collected Rs8.121 trillion in July–February FY2026, falling short of its Rs8.55 trillion target by Rs457 billion, as income tax and sales tax collections lagged despite overall year-on-year growth.