The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to conduct a special audit into cases of steel melters.A handout states that the FTO, exercising its own motion powers under section 9(1) of the Federal Tax Ombudsman Ordin...
Read More »Daily Archives: December 4, 2021
Saudi Arabia Deposits $3 Billion at State Bank of Pakistan
Saudi Arabia has officially deposited $3 billion in the State Bank of Pakistan (SBP) under its support package agreement which was signed between the two countries almost 2 months ago.Advisor to the Prime Minister on Finance and Revenue Shaukat Tarin c...
Read More »Karachiites to Get Additional 650 Million Gallons of Water by October 2023
The federal government aims to start construction on the Greater Karachi Water Supply Project K-IV within 4 months.The project cost, which was initially Rs. 25 billion, is now said to have exceeded Rs. 100 billion. In this regard, a meeting to review t...
Read More »Pakistan’s Manpower Exports Are Declining
Pakistan’s manpower exports to different countries have shown a downward trend in the past three years, mainly due to the prevailing situation of the Covid-19 pandemic which affected the work situation in different host countries and resulted in a stri...
Read More »All You Need to Know About Category Renewal for PSL 2022 Draft
Following a review and assessment process, the Pakistan Cricket Board has updated local players’ categories.In the biggest moves, Pakistan wicketkeeper/batter and Multan Sultan’s captain Mohammad Rizwan (previously Silver), Asif Ali of Islamabad United...
Read More »