Rs2bn

Two tax officers suspended over Rs2bn refund to fuel company D_Trends

by
Two tax officers suspended over Rs2bn refund to fuel company D_Trends

The Federal Board of Revenue (FBR) has suspended two tax officers for approving a multi-billion rupee tax refund to Gas & Oil Pakistan Ltd (GO), despite orders from the Finance Minister to release the funds.  The refund aimed to resolve a bottleneck hindering an $80 million Saudi investment in the fuel pump operator. According to … Read more

Sindh to spend Rs2bn on double cabin vehicles as Centre strives to rightsize govt D_Trends

by
Sindh to spend Rs2bn on double cabin vehicles as Centre strives to rightsize govt D_Trends

A representational image of double cabin vehicles. — Reuters KARACHI: Amid the country’s efforts to rightsize the government and tackle increasing fiscal challenges, Sindh plans to spend Rs2 billion on 138 luxury 4×4 vehicles for assistant commissioners (ACs) across the province, laying bare relentless bureaucratic extravagance at taxpayers’ expense. The federal government is actively pursuing … Read more