The National Assembly Standing Committee on Finance Thursday directed the State Bank of Pakistan (SBP) to provide details of 600 people who were provided a $3 billion loan at zero interest rate by commercial banks during the pandemic.
(more…)Author: Mrs. Anjum Shahnawaz
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National Assembly passes resolution against Supreme Court’s election decision
ISLAMABAD: On Thursday, a resolution was passed by the National Assembly rejecting the decision made by a three-member bench of the Supreme Court regarding the delay of Punjab elections.
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Pakistan supports use of Chinese RMB as global currency
Pakistan is strong supporter for expanding the use of Chinese Renminbi (RMB) as use of global currency.
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FBR notifies promotions of IRS, PCS officers to BS-22
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified promotions of officers to BS-22 from BS-21.
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FBR reshuffles senior IRS officers amid action against wealthy taxpayers
The Federal Board of Revenue (FBR) Wednesday announced a significant reshuffle of officers within the Inland Revenue Service (IRS) at a time when the board is taking extensive action against wealthy taxpayers who are defaulting on their taxes.
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PM Sharif expresses concerns over SC judgment on provincial elections
On Wednesday, Prime Minister Muhammad Shehbaz Sharif expressed his concern over recent decisions made by the Supreme Court and claimed that they were making a mockery of the Constitution and laws of Pakistan.
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ECC approves amendments to IPO-2022 for import of live animals, animal products
Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved amendments to Import Policy Order (IPO) 2022 regarding import of live animals and animal products.
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FBR allows processing of Uzbek transit goods through ports, terminals
The Federal Board of Revenue (FBR) has announced that Uzbek transit goods can now be processed through Customs-ports and terminals in Karachi Port, Port Muhammad Bin Qasim, and Gwadar Port under the Uzbekistan-Pakistan Transit Trade Agreement.
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FBR settles 3% customs duty on import of FDN-A
The Federal Board of Revenue (FBR) Customs classification committee has ruled that the import of “Sodium Naphthalene Sulphate FDN-A,”
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PM directs installing track, trace system at all cigarette manufacturing units
Prime Minister Muhammad Shehbaz Sharif has directed for the installation of a trace and track system in all cigarette manufacturing units of the country within the next two weeks to combat tax evasion.
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