Pakistan Revenue
Revenue shortfall nears Rs868 billion as tax authorities intensify enforcement efforts before fiscal year-end. Taxpayers are likely to face heightened scrutiny in June as the Federal Board of Revenue (FBR) prepares an aggressive enforcement drive to maximize revenue collection and reduce a substantial shortfall before the close of fiscal year 2025-26.
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National Assembly and Senate sessions summoned as government prepares to unveil Budget 2026-27. The federal government is set to present the Budget 2026-27 on June 5 after Asif Ali Zardari summoned separate sessions of the National Assembly and Senate on the same day.
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AccuWeather forecasts very warm conditions with high humidity and unhealthy UV levels across Karachi Karachi is expected to experience hot and breezy weather conditions over the next four days, with temperatures likely to climb as high as 37 degrees Celsius, according to forecasts issued by AccuWeather.
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Prime minister calls for compassion, sacrifice and solidarity with vulnerable communities during Eid celebrations Shehbaz Sharif on Tuesday urged the nation to remember the underprivileged, needy and vulnerable segments of society during Eid al-Adha, saying the religious occasion calls for compassion, sacrifice and collective responsibility.
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Extreme temperatures up to 48°C expected as Pakistan braces for heat stress, glacier melt and flash flood risks The National Disaster Management Authority (NDMA) has issued a nationwide weather advisory for May 26–31, warning of severe heatwave conditions, accelerated glacier melting, flash floods and landslides across multiple regions of Pakistan.
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Sindh government expands vaccination, treatment and stray dog control measures after surge in dog-bite cases Syed Murad Ali Shah has launched a province-wide rabies prevention campaign, announcing a comprehensive strategy to eliminate preventable rabies deaths through mass awareness, expanded treatment facilities, vaccination coverage and stray dog population management.
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Temperatures may feel as high as 43°C as humid conditions persist during Eid holidays in Karachi Karachi is expected to experience very warm and humid weather during Eid-ul-Adha 2026, according to the latest weekly weather forecast.
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Leaders reaffirm “iron-clad friendship” and pledge expanded cooperation in CPEC, technology, clean energy and regional stability Prime Minister Shehbaz Sharif held a high-level meeting with Chinese President Xi Jinping in Beijing on Tuesday, as Pakistan and China reaffirmed their strategic partnership while marking 75 years of diplomatic relations.
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Finance minister says enforcement drive expanded across key sectors as Pakistan targets undocumented economic activity Federal Minister for Finance and Revenue Muhammad Aurangzeb on Monday said the government is intensifying enforcement against illicit and undocumented economic activity, particularly in the tobacco sector, as part of its broader fiscal reform agenda.
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Finance minister highlights macroeconomic stability, tax reforms and investor confidence during meeting with British High Commissioner Federal Minister for Finance and Revenue Muhammad Aurangzeb on Monday held a meeting with British High Commissioner Jane Marriott to discuss Pakistan–United Kingdom bilateral cooperation, economic reforms and regional developments.
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