Senate Committee Raises Concerns Over Undeclared Assets of FBR Officers as FBR Amendment Bill 2026 Gets Approval
Senate Standing Committee hears allegations of undeclared assets among FBR officers while approving the FBR Amendment Bill 2026 despite concerns about expanded powers for the FBR chairman.
Pakistan’s Economic Freedom Score Faces Structural Strain Despite Reform Signals
Pakistan’s ranking in the Heritage Institute’s 2025 Index of Economic Freedom reveals deep-rooted structural challenges despite recent reform efforts, highlighting tensions between fiscal policy, taxation, labour markets, and institutional credibility.
ADB Warns of Policy Risks as Pakistan Faces Fragile Growth Outlook
The Asian Development Bank has cautioned that Pakistan’s economic recovery remains fragile, highlighting risks of policy slippage, weak investment, and heavy taxation, despite official claims of stabilization.
FBR Clarifies Federal Excise Duty is Not a Tax Expenditure in Latest Report
FBR has clarified in its Tax Expenditure Report-2025 that Federal Excise Duty (FED) is not a tax expenditure, as it is a targeted levy applied to specific goods and services without broad exemptions.