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ISLAMABAD: The Federal Board of Revenue (FBR) has issued notices to seven major oil marketing companies, including Pakistan State Oil (PSO), after detecting an alleged tax and levy shortfall of nearly Rs10 billion linked to imported petroleum products. According to official documents, the tax authority claims that the companies deposited less than the required amount in customs duty, petroleum levy and climate support levy based on the volume of petroleum products imported and unloaded at their storage facilities. The notices were issued after the FBR examined petroleum import and sales data, comparing the quantities of fuel handled by the companies with the taxes and levies paid into the national exchequer. The authority concluded that the payments made did not match the applicable liabilities. Reports indicate that the total amount identified by the FBR stands at Rs9.99 billion, prompting the revenue authority to seek explanations from the companies and direct them to clear the outstanding amounts. Among the companies named in the notices, Pakistan State Oil (PSO) faces the largest claim. According to the FBR, the state-owned oil giant is required to deposit approximately Rs8.19 billion in unpaid customs duty, petroleum levy and climate levy. The remaining amount is distributed among six other companies. Puma Energy and Pak-Arab Pipeline Company have jointly been asked to deposit around Rs135.3 million, while Hi-Tech Lubricants has been directed to pay Rs116.7 million. Similarly, B Energy Limited has been issued a notice for approximately Rs250 million, Taj Gasoline has been asked to deposit around Rs260.4 million, and Gas & Oil Pakistan Limited (GO) has been directed to pay approximately Rs222.2 million, according to the official figures. The FBR has warned all the companies that failure to respond to the notices within the prescribed time or to deposit the outstanding amounts could result in legal proceedings under the relevant tax laws. The development comes as Pakistan continues efforts to strengthen tax collection and improve revenue generation amid ongoing fiscal reforms. Authorities have intensified scrutiny of various sectors, including the petroleum industry, to ensure compliance with customs regulations and levy payments. The companies concerned have not publicly responded to the notices or the allegations at the time of filing this report. The FBR is expected to review their replies before deciding on any further legal or administrative action. The case is likely to attract significant attention given its financial scale and the role of the petroleum sector in Pakistan’s economy.

Pakistan Tehreek-e-Insaf (PTI) leader Salman Akram Raja has said he had no authority to remove Mashal Yousafzai from the Senate. He said he chose to overlook the matter to prevent divisions within the party. Speaking to the media outside the Supreme Court in Islamabad, Raja said Mashal Yousafzai was not acting alone and had a group supporting her. He said the facts would eventually come before everyone. He added that he would not further fuel an issue that had already been given unnecessary attention in the past. Raja also said he did not know who had made Mashal Yousafzai a senator. Speaking to journalists at the Adiala Jail factory checkpoint in Rawalpindi, Raja said that allegations should be backed by evidence. He said false allegations remained false regardless of who made them. He said he had been practising law and continued to do so. He described some of the statements made against him as completely baseless. Raja said such allegations would have to be answered. He added that the party would take action over the matter. Comments on political developments Speaking about the political situation, Raja said September 27 was not a distant date. He said political activity was continuing on a daily basis. He said time passes quickly and described September 27 as an important date. Raja also said that a revolution could not be brought about by a single political party. He said it required the participation of the entire nation. On negotiations with the government, he said there was currently no formal offer from the government. However, Raja said PTI had not rejected negotiations on principle at any level. He described reports of an alliance with the Pakistan Peoples Party as premature. He said two parties could have similar positions on a particular issue without forming an alliance. PTI denies link with terrorism Raja strongly rejected any alleged connection between PTI and terrorism. He said PTI had never had any association with terrorism. Referring to the person killed in Rawalpindi, he said the party did not know which group the man belonged to or what activities he had been involved in. Raja described PTI as a peaceful political party. He said the party opposed terrorism and had never been part of any violent activity. He maintained that PTI was continuing its political struggle within the framework of the Constitution and the law.