Page 57 - Institutional Reforms News Today

The Economic Coordination Committee (ECC) of the Cabinet has approved the cancellation of the Neelum Jhelum surcharge for electricity consumers and the

Adviser briefed on NTC February 20, 2021 ISLAMABAD: Adviser to the Prime Minister on Institutional Reforms and Austerity Dr Ishrat Husain on Friday visited the National Telecommunication Corporation (NTC) Headquarters, a statement said. NTC Managing Director Brig Viqar Rashid Khan (Retd) briefed the adviser on the performance of NTC and the National Data Centre. Husain appreciated the NTC managing director for his leadership and management for the phenomenal development of ICT infrastructure ...

The Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet

Govt nods to tax policy unit under finance division’s control Business February 12, 2021 ISLAMABAD: The government on Thursday approved establishment of a tax policy unit under the administrative control of the finance division despite an opposition by the Federal Board of Revenue (FBR). The FBR wanted to keep the policy unit under the domain of the revenue division but the government did not accommodate its wish. On the advice of multilateral lenders, the government decided to move ahead t...

Govt to set up Tax Policy Unit Body will highlight revenue leakages, suggest measures to boost tax collection Shaikh directed FBR to expedite process of income tax refunds of less than Rs50 million (each recipient) to uphold commit-ment of the government to facilitate taxpayers. PHOTO: NNI The PTI government has approved the establishment of an independent Tax Policy Unit (TPU) with the objective of improving taxation governance, as it would point out revenue leakages in the system, recommend...

480m dollars sent through Roshan Digital Accounts: Reza Baqir   Published On 12 February,2021 08:21 pm SBP Governor said that overseas Pakistanis were estimated to be 7 to 9 millions in range KARACHI (Dunya News) – Governor State Bank of Pakistan (SBP) Reza Baqir on Friday said that overseas Pakistanis from 97 countries had open Roshan Digital Accounts (RDA) and thus now were connected to Pakistani banking. Addressing as a chief guest at a launch event of HabibMetro Roshan Digital Account...

FBR directed to expedite process of refunds   Published On The minister accorded approval for the establishment of ‘Tax Policy Unit’ ISLAMABAD (Dunya News) – Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh Thursday directed the Federal Board of Revenue (FBR) to expedite the process of Income Tax refunds of less than Rs.50 million to uphold commitment of the government to facilitate tax payers. The minister was Chairing the 5th meeting of the FBR Policy Board, according...

THE Coalition for Clean and Fair Elections (Bersih 2.0) proposes that the electoral management body in Malaysia be split into three commissions with different jurisdictions and autonomies. This is so that electoral management can be implemented more efficiently, effectively and independently. Currently, the Election Commission (EC) bears all the workload of the electoral conduct, such as voter registration, constituency delimitation, as well as the conduct of elections, such as nomination and e...

Business February 9, 2021 ISLAMABAD: The government has decided to pay outstanding amount of Rs403 billion to 46 independent power producers (IPPs) and Rs161 billion will be released instantly, sources said on Monday. The sources said the payment of Rs403 billion will be made in two instalments. First instalment will be 40 percent of the payable and will be paid one-third each in five-year sukuk and 10-year Pakistan Investment Bonds, while remaining 60 percent will be cleared within six months...

Modern Diplomacy Published 2 months ago The African Union (AU) has held a two-day summit to elect new team, and to discuss a wide range of issues including a rise in coronavirus infections, border disputes and displacement due to fighting. At the virtual 34th Ordinary Session of the Assembly, Felix-Antoine Tshisekedi, the President of the Democratic Republic of the Congo, took over the rotating AU Chairmanship from his South African counterpart, Cyril Ramaphosa. The pan-African body’s assemb...