FBR misses IMF target by Rs975b

The FBR collected Rs6.6 trillion in income tax, missing the goal by Rs323 billion. Receipts were 13.5% higher than last year, inclusive of super tax. photo:file ISLAMABAD: Pakistan has missed the International Monetary Fund (IMF) condition on federal tax collection by a margin of Rs975 billion, as the Federal Board of Revenue (FBR) only managed…

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200 Federal Constabulary personnel to receive training in Saudi Arabia

Both interior ministers exchange Eidul Azha greetings, convey best wishes to each other Interior Minister Mohsin Naqvi’s meeting with his Saudi counterpart, Prince Abdulaziz bin Saud. PHOTO: X Two hundred personnel from the Federal Constabulary Special Diplomatic Protection Unit will receive training in Saudi Arabia. The decision was made during a meeting between Interior Minister…

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Pakistan Army cadet shines at Australian Royal Military College: ISPR

RMC Duntroon names Pakistani cadet Sardar Arsam Abbas ‘overall best foreign military cadet’ at passing-out parade Pakistan Army cadet Sardar Arsam Abbas has been declared the “overall best foreign military cadet” by Australia’s Royal Military College (RMC), the military’s media wing said on Wednesday. According to the Inter-Services Public Relations (ISPR), “The Australian RMC, Duntroon has…

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Committee says no to sharing taxpayer data

Lawmakers also seek review of tax exemptions benefiting politically connected entities Research conducted by Australia’s tax authorities revealed that the first communication a new taxpayer receives affects their long-run compliance behaviour. photo: file ISLAMABAD: The National Assembly Standing Committee on Finance on Friday rejected a proposal to share taxpayers’ personal information with banks and also…

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PM Shehbaz to embark on official visit to China from May 23-26: DPM Dar

Says launch of IBI headquarters marks transformative milestone in Pakistan-China All-Weather Strategic Partnership Deputy Prime Minister Ishaq Dar. Photo: APP Deputy Prime Minister and Foreign Minister Ishaq Dar announced on Wednesday that PM Shehbaz Sharif would undertake an official visit to China from May 23-26, saying the visit would include a vibrant business-to-business forum aimed at further…

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Terrorists must not be called by any other name, says Tarar

Calls out a report by Turkish public broadcaster on recent terrorist attack on a Rangers facility in Karachi Information Minister Attaullah Tarar addressing a press conference in Islamabad. PHOTO: RADIO PAKISTAN Minister for Information Attaullah Tarar on Tuesday criticised the use of the term “militants” to describe those responsible for attacks on civilians, saying “terrorists are…

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Centre taps provincial grant for defence

Pakistan Finance Minister Muhammad Aurangzeb. Photo: Reuters/ File ISLAMABAD: Finance Minister Muhammad Aurangzeb on Saturday said that provincial contributions to federal spending had been partly reflected in next year’s defence budget, adding that talks were under way on a three-year contribution framework. Addressing his post-budget news conference, the finance minister elaborated on the use of…

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Barcelona beat 10-man Atletico

Barcelona’s Robert Lewandowski celebrates scoring their second goal. Photo: REUTERS/FILE BARCELONA: Robert Lewandowski shouldered home a dramatic late winner for Barcelona as they edged Atletico Madrid 2-1 to move seven points clear at the top of La Liga after Real Madrid slipped up.Second-placed Real were beaten 2-1 at Mallorca earlier on Saturday, and Barca capitalised…

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