PM Shehbaz tells SBP to show banks no leniency on SME and farm loans
PM Shehbaz Sharif told the SBP and finance ministry not to go easy on banks that are slow lending to farmers, SMEs and Apna Ghar borrowers.
FBR: 7 The Indus Compass stories. Latest: PM Shehbaz tells SBP to show banks no leniency on SME and farm loans. Key developments, background and analysis.
7 stories on FBR since 25 September 2026; the latest was published on 2 November 2026.
PM Shehbaz Sharif told the SBP and finance ministry not to go easy on banks that are slow lending to farmers, SMEs and Apna Ghar borrowers.
Cotton ginners warned of a nationwide shutdown over FBR raids in Sindh, as exporters told the commerce minister that energy and tax costs are hurting them.
PM Shehbaz Sharif ordered faster FBR reforms and warned against resistance, as the government moves to let it compulsorily retire non-performing tax officers.
The FBR extended the deadline for 2026 income tax returns to October 31 after requests from trade bodies, as filings rose 34pc to 6.71 million by October 14.
Goods moved between a factory and warehouse under the same sales tax registration are no longer a taxable supply, and officers may not stop vehicles without cause.
With returns due on September 30, the FPCCI wants a one-month extension, saying slowdowns on the FBR's IRIS portal are stopping taxpayers from filing.
The FBR's new faceless centre will pick tax audits by computer and split every case between three anonymous officers to curb discretion.