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The Federal Board of Revenue (FBR) will collect a reduced rate of 0.25 percent withholding tax on commercial import of white sugar from January 26, 2021,

Cabinet Division probes hiring delay Ministries and divisions have failed to appoint heads of 86 companies The Establishment Division requested ministries and divisions to provide details of vacant positions of CEOs and MDs. PHO-TO: FILE ISLAMABAD: Annoyed by the failure of ministries and divisions to appoint heads of 86 companies, the Cabinet Division has initiated an investigation into the matter. Earlier in July 2019, the prime minister had given a three-month deadline for filling vacant positions in state-run companies. However, the Establishment Division recently informed Prime Minister...

86 govt institutions sans permanent head  Cabinet Division seeks details of vacant posts, reasons for delay in appointment from ministries  ISLAMABAD: The civil bureaucracy seems to have completely disregarded the governmental decision to fill the top positions vacant at various government departments and institutions as 86 such institutions are still operating on an ad hoc basis without a permanent head. Documents show that 15 important departments working under the Ministry of Energy operate without a permanent head. Eleven institutions under the National Food Security and Research Div...

Prime Minister Imran Khan had approved the plan in the cabinet meeting held on Nov 29, 2018. — AFP/File ISLAMABAD: After a delay of over two years, Finance Minister Dr Hafeez Shaikh on Thursday approved the establishment of the Tax Policy Unit in the Ministry of Finance to take away policy formation powers from the Federal Board of Revenue (FBR). The decision was taken in the fifth meeting of the FBR Policy Board chaired by Mr Hafeez. It was also attended by Minister for Privatisation Mohammadmian Soomro, Commerce Adviser Abdul Razak Dawood, Adviser on Institutional Reforms Dr Ishrat Husai...

The decisions, which are mostly political in nature, are expected to generate a heated debate.