FATF "strongly urges" Pakistan to complete full action plan by June, warns of "action" if significant progress not made.
High-end dress designers, beauticians, stylists, photographers, artists and doctors are in focus, says FBR spokesperson.
Certain sections of media had reported tough prior actions were needed before Pakistan could secure third IMF tranche.
Pakistan was placed on the FATF grey list in June 2018.
IMF press release says Pakistan has met all "structural benchmarks".
Meeting chaired by Hafeez Sheikh decides against importing sugar, says "adequate stocks" available in the country.
The initial date for filing taxes was Sep 30, 2019, which has since been extended several times.
Committee also directs Punjab and Passco to release wheat stocks to overcome country-wide shortage.
Companies which have paid 95pc of admitted tax liability by Sept 30 can also file tax returns by Dec 31.
According to the Power Division, $300m were released this week for sector reform including addressing circular debt.
Azhar specifically highlights cooperation in the railway sector.
$1 billion allocated for the Economic Stabilisation Programme, rest will be used to reform the energy sector.
Loan is part of a multi-donor economic reform programme spearheaded by the International Monetary Fund.
Committee members unanimously vote in PTI MNA Faizullah Kamoka as the new chairman.
Finance ministry welcomes upgrade, says government "remains fully committed to reforms agenda".
Petrol to cost Rs113.99 per litre, Rs0.25 cheaper than last month; LDO and HSD prices cut by Rs2.90 and Rs2.40.
In meeting with new planning minister, Chinese envoy expresses satisfaction over the progress of CPEC projects.
The tariff has been raised under monthly fuel price adjustment for electricity consumed in September.
"Significant progress has been made in improving the AML/CFT framework; additional work is needed before March 2020."
FBR chairman says 191 out of 325 identified tax evaders availed tax amnesty schemes during 2018 and 2019.