–FBR names eight suspended officers in expanding silver swap case as criminal investigation proceeds under FIR filed earlier this month Aftab Maken ISLAMABAD: Federal Board of Revenue (FBR) on Sunday late night named eight customs officers suspended after fresh findings in a high-profile silver swap investigation pointed to direct involvement, …
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–Country’s tax authority missed its nine-month target by Rs610 billion as import slowdown and geopolitical tensions hit revenue growth Aftab Maken ISLAMABAD: The Federal Board of Revenue has reported a widening revenue shortfall of Rs 610 billion during the first nine months of FY2026, reflecting mounting fiscal pressures amid slowing …
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Aftab Maken ISLAMABAD: Pakistan must collect Rs322 billion from court rulings before IMF board review, as authorities scramble to offset a major tax shortfall and unlock $1.2 billion in fresh financing. Pakistan’s International Monetary Fund has imposed a key prior action requiring the Federal Board of Revenue to recover Rs322 …
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— FIA registers separate money laundering and regulatory cases against Dr. Fazeela Abbasi Aftab Maken ISLAMABAD: Pakistan’s Federal Investigation Agency has registered two separate cases against Dr. Fazeela Abbasi—a TikToker and sister of actor Hamza Ali Abbasi, over alleged money laundering and regulatory violations. One case was filed under money …
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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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