Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 16,161.0 million as of 13-May-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…
Government bans import of 38 non-essential luxury items
KARACHI: Government has imposed a ban on the import of 38 non-essential luxury items under an “emergency economic plan”. Government will practice austerity and financially stronger people must lead in…
I&I of Inland Revenue instigates fake supplies case
KARACHI: In the instant case, the Complainant voluntarily filed his return of total income for tax year 2021 declaring taxable income Rs.745,254/- and showing withholding tax deduction Rs.263,201/- . Reportedly…
SHC declines injunction applications as Plaintiff avail remedy before special forum
KARACHI: Justice Adnan Iqbal Chaudhry of High Court of Sindh dismissed a number of Miscellaneous applications filed by Sheharyar Trading Lahore, a registered importer of ISAR BLACK CLUBS seeking temporary…
Supreme Court takes suo motu notice on ‘perceived interference’ in prosecution dept
KARACHI: On the advice of a judge of the Supreme Court, Chief Justice of Pakistan Umar Ata Bandial on Wednesday took suo motu notice of the “perceived interference in the…