, May 25 -- The NBR Reform Unity Council on Sunday withdrew its previously announced full-fledged strike and welcomed the government's announcement that all necessary amendments to Revenue Policy and Administration Reform Ordinance, 2025, will be made by July 31.

The announcement came after the clarification of the Finance Ministry which clearly started that the NBR will not be dissolved but strengthened as an independent and specialized department under the Ministry of Finance.

"A specialized institution will be formed for revenue policy formulation, and the existing ordinance will not be implemented until the necessary amendments are made," the Council said in a statement issued on Sunday night.

NBR to be upgraded as independent and ...