Friday, August 21st, 2020
FBR unearths massive tax evasion of Rs4.36 billion in Lahore
LAHORE: The Federal Board of Revenue (FBR) has uncovered tax evasion worth Rs4.36 billion in a registered manufacturing unit in Lahore. As per details, a food manufacturing unit in Lahore was raided by director Intelligence and Investigations-IR Lahore, where the fraud was unearthed. The unit saved tax of Rs4.36 by hiding its actual production and sales. The case for the recovery of the sales tax from the food manufacturing unit has been sent to the field office of the FBR. Last week, Chairman of Federal Board of Revenue (FBR) JavedRead More
Joe Biden accepts democratic nomination, pledges to end ‘darkness’ in US
Democratic presidential candidate for the 2020 US election, Joe Biden, on Thursday promised to end the ‘darkness’ of the Trump presidency, calling for the country to remain united and optimistic at a time when racial tensions are high in the country. “The current president has cloaked America in darkness for much too long. Too much anger, too much fear, too much division,” Biden said. “If you entrust me with the presidency, I will draw on the best of us, not the worst. I will be an ally of the light,Read More
Root thinks England have potential to become No.1 Test team in world
Southampton: English captain Joe Root thinks that the current group of players have the potential to become the number one Test team in the world as he urged his teammates to finish their home summer with a win against Pakistan in the third Test at the Rose Bowl. The final Test of the series is slated to start from today. The hosts are leading the series 1-0. Root says that there is still a job to do to complete the series win. “We know we are not the finished article, we know weRead More
JMICC: A hub of maritime information
Emran Rashid Pakistan’s Maritime compulsions are countless; its geostrategic location, the hegemonic ambitions of its eastern neighbor, presence of international Naval Forces IMES vicinity and extent of piracy till Gulf of Oman (GOO) add to the current maritime security matrix. The country is blessed with over 1000 km long coastline and the Exclusive Economic Zone (EEZ) covering about 240,000 Sq. Km. In addition, extension of continental shelf (50,000 Sq. Km) was also approved by United Nations Commission on the Limits of the Continental Shelf (UNCLCS) in 2015.Pakistan carries out 95Read More
Not eveyone understands depth of Pakistan’s ties with Saudi Arabia: FM Qureshi
ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Friday categorically rejected speculation that Pakistan and Saudi Arabia’s ties had deteriorated, adding that both countries were each others’ “support and necessity”. “Pakistan and Saudi Arabia’s ties are and were always better,” said the foreign minister, . “I think no one understands the depth of our relations with each other. We are each others’ necessity and support,” he added. He pointed towards Saudi Arabia’s stance on the issue of Israel, adding that the kingdom had not strayed from its historic stance on theRead More
Get official residences vacated from illegal occupants, SC tells Sindh govt
ISLAMABAD : The Supreme Court on Friday directed the Sindh government to get all official residences vacated from illegal occupants within two months. Headed by Chief Justice Gulzar Ahmed, an apex court bench directed the provincial government to cancel all illegal allotments and ensure that they are allotted to officials on a merit basis. It further instructed the government to submit a compliance report in the SC at next hearing. Over the course of the hearing, Sindh’s additional advocate general said as many as 229 government residences have been illegallyRead More