KARACHI: Dr Mirza Ikhtiar Baig, former SVP FPCCI & leader of business community, has lauded the Federal Bureau of Revenue (FBR) for achieving 3.8 per cent higher tax collection to Rs1,688 billion in the first five months of the current fiscal year, as against the target of Rs1,669 billion.
Dr Baig said surpassing the tax target under the Covid-19 pandemic is commendable. He appreciated the FBR refunding more than Rs73 billion GST and Rs44 billion income tax refunds through faster system, easing of the cash flow of exporters that has resulted in increase of exports by 7.2 per cent crossing US$2 billion mark in November 2020.
The former FPCCI leader congratulated the Adviser to the PM on Finance Dr Abdul Hafeez Sheikh, Adviser on Commerce Abdul Razzak Dawood, Chairman FBR Javed Ghani, Member Inland Revenue Dr Ashfaq Ahmed and his team for achieving such a goal.
Court asked appellants to satisfy it on next hearing that how decision of single bench was not right
Petitioner’s lawyer informed court that parliament had passed 26th Constitutional Amendment
CM urged people to choose between resisting oppression and embracing freedom or continuing under shackles of slavery
Committee emphasised need for effective legislation to safeguard rights of parliamentarians
Muzammil Aslam highlighted need for 5,000 watersheds in KP, requiring an investment of Rs 115 billion
Justice Shahzad observed that with support of appellant, 85% power theft was witnessed in his locality
