Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: FBR Arrest Powers in Finance Bill 2025-26 Face Senate Opposition
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
FBR arrest powers
PhotoNews Pakistan > Business > FBR Arrest Powers in Finance Bill 2025-26 Face Senate Opposition
Business

FBR Arrest Powers in Finance Bill 2025-26 Face Senate Opposition

Web Desk
By Web Desk Published June 15, 2025 4 Min Read
Share
Federal Board of Revenue of Pakistan
SHARE

Federal Board of Revenue (FBR) Chairman Rashid Mahmoud Langrial defended the proposed arrest powers for tax fraud under Pakistan’s Finance Bill 2025-26 during a Senate Standing Committee on Finance meeting on June 14, 2025.

Citing Rs1.61 trillion in tax evasion by the top 5% of households, Langrial argued the powers align with global practices, but lawmakers raised concerns about potential misuse, per Geo News.

Langrial told the Senate committee that the Finance Bill’s provisions, granting FBR officers Code of Criminal Procedure (CrPC) powers to arrest CEOs, CFOs, and directors for tax fraud, are necessary to combat evasion. He highlighted that Pakistan’s 67-million workforce sees significant tax evasion, with the top 1% evading Rs1,233 billion, the top 5% Rs1,611 billion, and the remaining 95% just Rs140 billion. Comparing Pakistan to India and Bangladesh, where tax officers have arrest authority, he stated, “No country in the world prohibits tax officers from making arrests for tax fraud,” per The News.

FBR chief says there's no country in world where tax officers were not allowed to make arrests for tax fraud

Read more: https://t.co/2dsn59TS7J#TheNews

— The News (@thenews_intl) June 15, 2025

Senator Anusha Rahman (PML-N) raised concerns about the Federal Board of Revenue’s (FBR) ability to make arrests based solely on the perceived intent to commit fraud, arguing that this could lead to overreach. Senators Farooq H. Naek (PPP) and Shibli Faraz (PTI) also expressed their opposition to these powers, with Faraz warning that it could result in a “police state.”

The Pakistan Business Council voiced similar concerns, urging the government to reconsider the legislation, as they feared it could negatively impact businesses. In light of these worries, the committee recommended that Anti-Money Laundering (AML) notices be linked to approvals from the Finance Minister and the FBR Chairman, reflecting the unease regarding the FBR’s scope of enforcement.

Finance Bill 2025-26 Context

The Finance Bill 2025-26, part of a Rs17.57 trillion budget aiming for 4.2% GDP growth, sets an FBR tax collection target of Rs14,131 billion, up 18.7% from 2024-25, with Rs8,206 billion allocated to provinces, per Finance Minister Muhammad Aurangzeb’s budget speech, reported by The Express Tribune. Non-tax revenue is targeted at Rs5,147 billion, while federal expenditure, including Rs8,207 billion for debt servicing, underscores fiscal challenges. The Senate committee also proposed removing an 18% GST on solar panel imports and raising minimum wages to Rs40,000 from Rs37,000.

Langrial criticised protectionist tariffs, arguing that they foster inefficiency by allowing unqualified CEOs to thrive. He called for their abolition to enhance competitiveness. The committee examined the proposed Directorate General of Intelligence and Risk Management of Customs, which would hold powers under the AML Act. In response, Finance Minister Aurangzeb committed to reviewing AML enforcement. Additionally, a new section (187A) establishes that vehicles suspected of being tampered with will be presumed smuggled, requiring their confiscation. The committee recommended that these vehicles be destroyed within 30 days.

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Hamas hostage release

Hamas Releases List of 20 Surviving Hostages for Gaza Ceasefire Deal

TLP Protest 2025

Islamabad and Rawalpindi Reopen After TLP Protest Clearance

Bella Hadid Lyme disease

Bella Hadid Undergoes Intensive Lyme Disease Treatment in Germany

Post Archives

More Popular from Photonews

Rashid Naseer defamation case against Adil Raja
Pakistan

UK Court Orders Adil Raja to Pay £350K in Rashid Naseer Defamation Case

2 Min Read
Pakistan Army corneal transplant
Offbeat

Pakistan’s First Female Corneal Transplant Saves Soldiers’ Vision

2 Min Read
AFP Imposes Lifetime Ban on Salman Butt
Sports

AFP Imposes Lifetime Ban on Arshad Nadeem’s Coach

2 Min Read
Entertainment

Taylor Swift Admits Viral 2023 Fourth of July Post Predicted Travis Kelce Romance

In a SiriusXM The Morning Mash Up interview on October 7, 2025, Taylor Swift revealed that her viral 4th of July post unexpectedly predicted…

October 7, 2025
World

India Bans Respifresh, RELIFE Cough Syrups After 17 Child Deaths

On October 8, 2025, Indian authorities banned Respifresh and RELIFE cough syrups after tests revealed toxic…

October 9, 2025
Top NewsWorld

Putin Admits Russia’s Role in 2024 Azerbaijan Plane Crash Tragedy

On October 9, 2025, Russian President Vladimir Putin admitted Russia’s role in the December 25, 2024,…

October 10, 2025
Offbeat

Karnataka Introduces Menstrual Leave Policy for Women

Karnataka became the first Indian state to grant women one day of paid menstrual leave per…

October 10, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?