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.
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.
Finance Minister Muhammad Aurangzeb Consults Business Leaders on Budget Strategy and Economic Recovery
Senator Muhammad Aurangzeb holds a virtual session with Pakistan’s major chambers of commerce to align the upcoming budget with private sector growth and investment.
FBR Chairman and Gujranwala Chamber of Commerce Address Tax Refunds and Operational Hurdles
FBR Chairman and Gujranwala Chamber of Commerce Address Tax Refunds and Operational Hurdles
Pakistan Court Dismisses Appeals Against Super Tax, Government to Gain Rs300bn
Pakistan’s Federal Constitutional Court has dismissed all appeals against the super tax, restoring Section 4B of the Income Tax Ordinance and securing over Rs300 billion in revenue for the government.
FBR Initiates Expert Consultations to Develop Cryptocurrency Legislation in Pakistan
The Federal Board of Revenue has begun consultations with experts to draft legislation for cryptocurrency in Pakistan, aiming to regulate digital assets, expand the tax base, and bring crypto transactions under a legal framework.
FBR Falls Short of FY25 Tax Target by Nearly Rs. 1.5 Trillion Despite Revisions
Pakistan’s Federal Board of Revenue missed its FY25 tax collection target by almost Rs. 1.5 trillion, signaling deep fiscal pressures even after two downward revisions.