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PAC highlights massive irregularities in NHA

Audit officials informed the committee that Rs26.4 billion was outstanding under toll collection ISLAMABAD: The Public Accounts Committee (PAC) on Tuesday flagged massive financial irregularities involving the National Highway Authority (NHA), revealing that Rs 26.4 billion in road tax remains unpaid while another Rs 16 billion could not be recovered from overloaded trucks, causing significant […]

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38 bulletproof vehicles for school children

ISLAMABAD: The government on Tuesday approved an additional budget for the military to procure bullet-proof vehicles for transporting school children in Balochistan, according to an official distribution notice released by the finance ministry. The Economic Coordination Committee (ECC) of the Cabinet approved a supplementary budget of 2.1 billion in a meeting chaired by Finance Minister

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Tribunal bins challenge to Nawaz’s election victory

Former Prime Minister Nawaz Sharif. Photo: Screen grip LAHORE: An election tribunal has upheld the Election Commission of Pakistan’s (ECP) announcement declaring Nawaz Sharif the winner in Lahore’s NA-130, dismissing a challenge filed by PTI leader Dr. Yasmin Rashid. The decision concludes Dr. Yasmin’s attempt to overturn Sharif’s victory in the February 2024 general election

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The NA panel briefed on the role of GSP+ in boosting the economy

. The PML-N-led coalition government at the Center now has 229 members in the NA. PHOTO: APP ISLAMABAD: The National Assembly’s Standing Committee on Economic Affairs on Tuesday noted that the EU’s Generalized Schemes of Preference (GSP)-Plus played a significant role in Pakistan’s economic growth. The panel also briefed that the European Union’s GSP-Plus plays

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FBR reviews GB tax exemption

FBR has noted concerns expressed by traders, stakeholders and trade bodies about the proposed procedure regarding non-collection of federal taxes on goods imported for exclusive consumption in GB. The FBR clarified that a comprehensive and robust mechanism has been put in place to ensure that these duty-free items are not misused and do not adversely

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