Thursday, February 20th, 2020
FBR to take action against its employees for providing tax consultancy
KARACHI, FEB 20 (DNA) : The Federal Bureau of Revenue (FBR) has vowed to take a stern action against its own employees and officers who have been involved in providing tax consultancy to taxpayers. According to the FBR, several complaints against its employees were received of providing private consultancy on behalf of officers of its regional tax officers, and legally, no government employee could work privately or provide services. Moreover, the bureau has directed all of its employees to submit an affidavit to pledge for not providing private consultancy. Afterwards,Read More
Govt to increase in pharmaceutical exports up to $5 billion: Dawood
Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Wednesday that the government was committed to removing all obstacles in way of the pharmaceutical sector’s growth, as it intends “to increase pharma exports up to $5 billion”. “Special focus is being laid on increasing the [pharma] export volume through tariff rationalisation, trade-related investment, institutional reforms and easing of business regulations,” the adviser said while addressing that 5th Pharma Summit organised by the Pakistan Pharmaceutical Manufacturers’ Association (PPMA). Although textile was leading the country’s export, new sectors, including pharma,Read More
PCB suspends Umar Akmal under Anti-Corruption Code
KARACHI, FEB 20 (DNA) : The Pakistan Cricket Board Thursday suspended Umar Akmal with immediate effect under Article 4.7.1 of the PCB Anti-Corruption Code, which means he cannot take part in any cricket-related activity pending the investigation being carried out by PCB’s Anti-Corruption Unit. The PCB has decided not make any further comments due to the ongoing investigation. However, Umar Akmal has been suspended over doubts of possible spot-fixing during the Global T20 Canada tournament. It has been learnt that the 29-year-old held meetings with suspicious persons despite PCB’s prohibition. Furthermore,Read More
Our Contest with Emerging Technologies
Adil Rana The rapid globalization with all its positive ramifications has created new designs of unprecedented developments in technology. Every country in the world with a desire of becoming more developed technologically and economically, adheres to the rule of ‘adopting and adapting’ to new emerging technologies to increase socio-economic growth. Technology plays a vital role to increase productivity, thus becoming a yardstick for economic development as well as better living standards. The technology boundary has sharply divided the world into two categories: the countries possessing overwhelmingly advancedRead More
Hearings on Shahid Khaqan, Ahsan Iqbal’s bail pleas adjourned till Feb 24
ISLAMABAD – The hearings on the bail pleas of former prime minister Shahid Khaqan Abbasi and erstwhile interior minister Ahsan Iqbal have been postponed till February 24. The bail petitions of both Pakistan Muslim League-Nawaz (PML-N) leaders, without any proceedings, were postponed as Islamabad High Court (IHC) Chief Justice Athar Minallah is on sick leave. The bail pleas of Shahid Khaqan Abbasi and Ahsan Iqbal will be heard by a two-member IHC bench on February 24. It is pertinent here to mention that the National Accountability Bureau (NAB) had filedRead More
Forensic report determines gas leakage from cylinders cause of Tezgam inferno
LAHORE, FEB 20 (DNA) : The forensic report of the October 31 Tezgam inferno near Liaquatpur in southern Punjab has confirmed gas leakage from cylinders in Bogie No. 10 and 11. The report has further determined that the ignition occurred immediately when the gas leak came in contact with any spark or flame. Importantly, the report of Pakistan Railways Chief Executive Officer Dost Leghari claiming short circuiting as the cause of the tragic incident has also been termed “suspicious”. It has further pointed out that a matchstick or smoking ofRead More