IMF wants a more powerful FBR
The International Monetary Fund (IMF) has proposed giving the Federal Board of Revenue (FBR) the authority to collect provincial taxes as part of a new loan programme for Pakistan. The proposal aims at bringing transparency to provincial expenditures and enhancing provincial tax collection capabilities. According to sources within the Ministry of Finance, the IMF […]
World number one Scheffler sets sights on RBC Heritage
MIAMI: Scottie Scheffler took a little time out to celebrate winning his second Masters title on Sunday, but the world number one American is ready to buckle down again at the RBC Heritage in South Carolina.Scheffler, famously undemonstrative on the course, flew home from Augusta National, checked in on his pregnant wife Meredith, and wore […]
Audit finds massive irregularities in BRT
PESHAWAR: TransPeshawar or the city’s bus rapid transport (BRT) system is suffering from continuous losses because of the lack of increase in its fares and rise in other financial expenses after the fuel price hike, it emerged on Wednesday. According to the audit report 2022-23, the subsidy given by the Khyber-Pakhtunkhwa government to the BRT […]
SMEs to get affordable credit facilities
ISLAMABAD: The government has drawn up a plan to provide affordable credit facilities to small and medium-sized businesses, which are considered a vital part of the economy and provide a large number of job opportunities. The matter was taken up in a recent meeting of the cabinet while discussing the acceptance of resignation submitted by […]
Bayern coach Tuchel feels great relief
MUNICH: Departing Bayern Munich coach Thomas Tuchel said he was relieved after his team beat Arsenal 1-0 on Wednesday to reach the Champions League semi-finals.Tuchel, who became the first German coach to lead three different teams to the last four of the Champions League, will leave a year early after a disappointing domestic run.Bayern will […]
Textile millers advocate export-centric policies
ISLAMABAD: As the country heads towards negotiating another International Monetary Fund (IMF) loan programme, textile millers have called on the government to formulate export-oriented policies by reducing energy tariffs and tax rates to make the industry competitive in the global market. In a letter to Finance Minister Muhammad Aurangzeb, the All Pakistan Textile Mills Association […]
Real Madrid exact revenge on Man City
Real Madrid exacted revenge on Manchester City to reach the Champions League semi-finals 4-3 on penalties after withstanding a barrage at the Etihad on Wednesday. Rodrygo gave the visitors an early lead before Kevin De Bruyne hit back for the holders to leave the match level at 1-1 on the night and 4-4 on aggregate. […]
Gilgit gets its first-ever sewerage system project
GILGIT: In what marks a historic moment, the scenic mountainous town of Gilgit is gearing up for its first-ever sewerage and sanitation project. This initiative signals a pivotal shift towards environmental conservation and improved public health. Nearly half a million people in the town will benefit from the project which will be completed by the […]