Islamabad: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has warned that the government would have to impose additional taxes of Rs500 billion if the lawmakers did not pass the tax laws in parliament.

Finance Minister said this while addressing his post-budget press conference in Islamabad on Wednesday which was marred by a boycott by the journalists.

The whole army of newsmen walked out of the hall as the finance minister was getting ready to deliver his opening statement.

The journalists resorted to boycott to protest the refusal by Federal Board of Revenue (FBR) to give a technical briefing on new taxes.

The penmen were of the view that this was an attempt to hide facts about the new taxes in Federal Budget 2025-26.

Journalists staged a walkout as soon as Finance Minister Muhammad Aurangzeb took his seat to address the post-budget press conference.

The reporters voiced their concerns about not being briefed yesterday on the Finance Bill 2025, which details the legislation for the proposed measures under the budget. Subsequently, they walked out of the conference room in protest.