Former money exchange bureau boss British Pakistani, Ahsan Javaid giving an interview to Geo News. — Screengrab/Geo News Javaid’s four confiscated laptops heart of case against police. Laptops hold evidence supporting his rightful ownership of money. He alleges his seized devices were “tampered” by London police. LONDON: Former money exchange bureau boss British Pakistani, Ahsan … Read more
Republican presidential nominee and former US President Donald Trump speaks during a visit to Alro Steel manufacturing plant in Potterville, Michigan, US August 29, 2024. — Reuters NEW YORK: A New York judge is expected to rule on Friday on Donald Trump’s request to push back sentencing in his hush money criminal case until after … Read more
Prime Minister Shehbaz Sharif chairing the meeting of federal cabinet in Islamabad on August 27, 2024. — APP Ministries should take initiatives to save each penny of nation: PM. Says govt saved $130m in national exchequer by halting urea import. 82 govt bodies of different ministries to be merged into 40 institutions. ISLAMABAD: Prime Minister … Read more
ISLAMABAD: The Federal Board of Revenue (FBR) has officially confirmed that the prize money awarded to Olympic gold medalist Arshad Nadeem will be exempt from withholding tax, putting to rest any speculation on the matter. In an official statement, the FBR emphasized that Nadeem’s historic achievement, which has brought immense pride to the nation, warrants … Read more
Arshad Nadeem poses with the national flag after winning the gold medal in the Men’s Javelin Throw final event in Paris Olympics 2024 at Stade de France, Saint-Denis, France on August 08, 2024. — Reuters Rumours of taxing Arshad Nadeem’s prize money are baseless: FBR. No income, withholding tax applicable on Olympian, says spox. Govt … Read more
ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that no withholding tax will be imposed on the prize money awarded to national athlete Arshad Nadeem. The Olympian, hailed as a national hero, will receive full support from the authorities. Speaking to The Express Tribune, FBR member and spokesperson Bakhtiar Muhammad stated, “There will be … Read more
A money laundering scandal worth Rs 9.7 billion has been uncovered in the iron and steel sector, involving nine importers who manipulated their “manufacturing status” to evade taxes and illegally transfer funds abroad. As per a news report, the Post Clearance Audit (PCA), South initiated a sector-based audit focused on iron and steel imports, which … Read more