The federal government has given civil servants a deadline until September 2025 to declare their assets, with plans to introduce a digital portal for the process.
At the same time, the Federal Board of Revenue (FBR) has informed the International Monetary Fund (IMF) of its plan to bridge the Rs605 billion tax shortfall without introducing a mini-budget.
According to sources, discussions between Pakistan and the IMF regarding the next installment of the loan program are ongoing.
Representatives from the IMF, FBR, and the Benazir Income Support Program (BISP) took part in discussions held the previous day.
During the meeting, the FBR presented its tax collection strategy, emphasizing that additional taxes would not be imposed through a mini-budget. Both sides have reportedly agreed to avoid such measures.
To bridge the revenue gap, Rs157 billion is expected to be collected through a super tax. Additionally, tax litigation cases that have been pending in courts will be expedited, with the government ensuring full cooperation in resolving them swiftly.
The Chief Justice has also approved prioritizing hearings for tax-related cases. The Prime Minister’s Office will oversee the fast-tracking of these cases to facilitate the process.
Meanwhile, sources indicated that the government is preparing to launch a digital platform for civil servants to declare their assets, in compliance with IMF requirements. The deadline is set for September.