Rukhsana Yasmeen becomes new Chairman FBR
KARACHI: The caretaker Prime Minister has approved transfer of Chairman Federal Board of Revenue (FBR) Tariq Mahmood Pasha and approved posting of Rukhsana Yasmeen (BS-22) as the new chairman of…
salary of government servants – 10 per cent ad-hoc relief announced, house rent to increase by 50 per cent,
ISLAMABAD: The government yesterday announced an ad-hoc relief of 10 per cent in the salaries and pensions of civil and military employees in the federal budget 2018-19. Newly-inducted Finance Minister…
Prime Minister announces economic reforms package
KARACHI: Prime Minister Shahid Khaqan Abbasi on Thursday announced a big relief for salary persons by enhancing tax exempt income up to Rs1.2 million from Rs400,000. The prime minister announced…
Eyebrows raised on transfers and postings in Pakistan Customs
KARACHI: All transfers and postings in Customs through Federal Board of Revenue (FBR) are being done on the recommendations of Chief Collector Appraisement South Abdul Rasheed Sheikh. Sheikh is said…
Pakistan stocks slip 1.5 percent
KARACHI: Pakistan stocks slipped 1.5 percent during the week ended November 24, 2017, which started off on a bearish note amid ongoing sit-in by religious parties, dampening investor’s sentiment. Consequently,…
Rehmatullah Wazir assumes caretaker charge of Chairman FBR
KARACHI: The term of Dr. Irshad as Chairman Federal Board of Revenue (FBR) ended on June 30, 2017. It was a relatively shorter tenure. Member Inland Revenue Rehmatullah Wazir is…
Pakistan, Turkey agree to extend cooperation in civil aviation sector
KARACHI: Pakistan and Turkey mutually agreed on extending their mutual cooperation in different arenas particularly to enhance their competitiveness in civil aviation. It was decided in a meeting between Advisor…
Government convinced to eliminate under-invoicing, smuggling
KARACHI: The post clearance audit (PCA) has initiated recovery of revenue which was evaded through under-invoicing, which heralds a larger policy wherein government would ensure plugging of revenue leakage. Directorate…
Ishaq Dar to announce decision of property valuation on Saturday
KARACHI: Finance minister Ishaq Dar will announce the decision of property valuation issue on Saturday evening, it is learnt. Haroon Akhtar, advisor to the Prime Minister is having separate meetings…
Builders’ committee and FBR could not reach any consensus on valuation issue
KARACHI: The meeting of the 13-members committee of Builders and Developers with Haroon Akhtar Khan, advisor to the Prime Minister and member policy Federal Board of Revenue (FBR) was held…
Govt to hold meeting with ABAD on Saturday, says Khalid Tawab 14 members committee has been set up to discuss the issue, says ABAD Chairman
KARACHI: Adviser to the Prime Minister, Haroon Akhtar has assured the Association of Builders and Developers of Pakistan (ABAD) for resolving the valuers of the State Bank of Pakistan in…
Lawless democracy or Dictatorial rule? People have to choose
KARACHI: There was a worse traffic jam at a signal in down town Karachi with a lone traffic police cop and few volunteers trying to make way. Like other people…
SHC issue notices in application for vacation of stay in Afghan Transit Cargo case
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Abdul Mali Gaddi on Friday issued notice for May 06 in a petition filed…
FBR in full gear to make Voluntary Tax Compliance Scheme a success
KARACHI: Special Assistant to Prime Minister on Revenue Senator Haroon Akhtar Khan on Tuesday inaugurated a control room-cum-operational room in the FBR Headquarters to coordinate activities in FBR’s field formations…
Government notifies revised package for families of deceased government employees
KARACHI: Prime Minister has approved the revised Assistance Package for Government employees, who die in service, with effect from February 09, 2015. A lump sum grant of Rs600,000 for the…
SC directs CSB to reexamine cases of Grade-20 officers whose promotions were stayed by Prime Minister
KARACHI: The Supreme Court of Pakistan has dismissed the appeals filed by civil servants of Grade-20 against the decision of Prime Minister staying their promotions in Grade-21. The apex Court…