Aftab Maken ISLAMABAD: FBR collected Rs 8.1tr in July-February, missing the revised target by Rs 450bn and raising the likelihood of another downward revision after IMF talks. Pakistan’s Federal Board of Revenue has recorded a Rs 450bn revenue shortfall during the first eight months of fiscal year 2025-26, intensifying pressure …
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Federal Board of Revenue will keep all major field offices open on Saturday, February 28, to facilitate taxpayers and ensure timely collection of duties and taxes. BeNewz Report ISLAMABAD: The Federal Board of Revenue said on Friday it will keep all Large Taxpayer Offices, Medium Taxpayer Offices, Corporate Tax Offices …
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BeNewz Report ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 6,154 billion during the first six months (July-December) 2025-26 against the target of Rs 6,490 billion, reflecting a shortfall of Rs 336 billion. The shortfall in revenue collection during December 2025 may prompt the government to activate …
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Aftab Maken The Senate finance committee saw heated debate as FBR confirmed AI-powered monitoring in sugar, cement and other key sectors, while lawmakers also moved to summon banks over excessive profit under Islamic banking. Federal Board of Revenue (FBR) has decided to install AI-based video analytics systems across 17 major …
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BeNewz Report ISLAMABAD: Pakistan Customs has seized 15.2 kilograms of crystal methamphetamine (ICE) worth approximately Rs. 910 million from a passenger bus in Dera Ismail Khan during a major anti-smuggling operation. The operation was conducted under the supervision of the Collector Customs (Enforcement), Peshawar, acting on credible intelligence received from …
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Aftab Maken ISLAMABAD: With Pakistan’s existing auto policy set to expire in June 2026, the government has initiated the process to finalize a new five-year Auto Industry Policy (2026–31), aimed at liberalizing the market and aligning the sector with international competitiveness and tariff reforms. According to a Dawn report, the …
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Border trade halted at Torkham, Chaman & other crossings amid security tensions Aftab Maken Pakistan’s Federal Board of Revenue (FBR) has suspended all import and export customs clearance at multiple border stations with Afghanistan, citing security threats following what officials described as “unprovoked aggression” from the Afghan side. According to …
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Aftab Maken The Federal Board of Revenue (FBR) has extended the deadline for filing income tax returns for the fiscal year 2025 until October 31, 2025. The Federal Board of Revenue (FBR) announced that taxpayers can now submit their income tax returns for the fiscal year 2025 up to October …
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FBR’s new RMS 2.0 system flags consignment; $85,000 worth of goods seized, legal action initiated. BeNewz Report Islamabad: Collectorate of Customs Appraisement (West) Karachi and the Collectorate of Customs Enforcement Karachi have jointly foiled an attempt to clear banned Indian-origin textile machinery through misdeclaration at the Karachi International Container Terminal …
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BeNewz Report The Marine Enforcement Unit of the Collectorate of Customs (Enforcement), Karachi, has intercepted three vessels carrying 132,564 litres of Iranian-origin High-Speed Diesel (HSD) in what officials describe as the largest single marine seizure of petroleum products in Pakistan’s recent history. The operation unfolded during the night between October …
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