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Hamid Waleed

Industries exempted from load-shedding during Ramazan
Print

Industries exempted from load-shedding during Ramazan

The industry circles have taken a sigh of relief, as for the first time over the last 10 years there was zero loadshedding on independent feeders at the advent of Ramazan. According to spokesperson of Power Division, demand for electricity stood at 19967
Published 08 May, 2019 12:00am
Tax experts laud FBR's idea of fixed tax
Print

Tax experts laud FBR's idea of fixed tax

Tax experts have lauded the idea of fixed tax introduced by the Federal Board of Revenue (FBR), saying that taxpayers would like to avail it as they would get rid of the harassment as a result of raids by the field staff of FBR. The idea of fixed tax woul
Published 05 Apr, 2019 12:00am
IR Lahore recovers Rs 620 million from single taxpayer
Print

IR Lahore recovers Rs 620 million from single taxpayer

The Directorate of Intelligence and Investigation, Inland Revenue, Federal Board of Revenue (FBR), Lahore has recovered the largest admitted tax payment of Rs620 million from a single tax payer during the current financial year in any directorate of the F
Published 03 Apr, 2019 12:00am
Mohmand Dam: Wapda awards contract to CGGC-Descon JV
Print

Mohmand Dam: Wapda awards contract to CGGC-Descon JV

Following the World Water Day celebrated last week, the Pakistan Water and Power Development Authority (WAPDA) took a giant leap forward for development of precious water resources in the country by awarding on Tuesday the delayed-for-decade contract for
Published 27 Mar, 2019 12:00am
Mohmand Dam: Wapda awards contract to CGGC-Descon JV
Print

Mohmand Dam: Wapda awards contract to CGGC-Descon JV

Following the World Water Day celebrated last week, the Pakistan Water and Power Development Authority (WAPDA) took a giant leap forward for development of precious water resources in the country by awarding on Tuesday the delayed-for-decade contract for
Published 27 Mar, 2019 12:00am
Mohmand Dam: Wapda awards contract to CGGC-Descon JV
Print

Mohmand Dam: Wapda awards contract to CGGC-Descon JV

Following the World Water Day celebrated last week, the Pakistan Water and Power Development Authority (WAPDA) took a giant leap forward for development of precious water resources in the country by awarding on Tuesday the delayed-for-decade contract for
Published 27 Mar, 2019 12:00am
Tax officials for evaluating performance of LTUs
Print

Tax officials for evaluating performance of LTUs

The performance evaluation of the Large Taxpayer Units (LTUs) had become due in order to assess its merits and demerits to the tax machinery, said tax officials. While requesting anonymity, they said this is right time to evaluate the performance of LTUs
Published 24 Mar, 2019 12:00am
Tax shortfall may reach Rs 1 trillion
Print

Tax shortfall may reach Rs 1 trillion

Tax officials at the Regional Tax Office have apprehended that tax shortfall may reach to one trillion rupees by the end of current fiscal year. It will still be around Rs700 billion even if the government makes efforts to control the shortfall, they said
Published 23 Mar, 2019 12:00am
'Mian Sahib is upholding his principles': Bilawal
Print

'Mian Sahib is upholding his principles': Bilawal

Pakistan People's Party (PPP) Chairman Bilawal Bhutto Zardari on Monday said that he got no impression of a deal made for the incarcerated former premier to leave the country. Bilawal was talking to media after a meeting with Nawaz Sharif at Kot Lakhpat j
Published 12 Mar, 2019 12:00am
'Mian Sahib is upholding his principles': Bilawal
Print

'Mian Sahib is upholding his principles': Bilawal

Pakistan People's Party (PPP) Chairman Bilawal Bhutto Zardari on Monday said that he got no impression of a deal made for the incarcerated former premier to leave the country. Bilawal was talking to media after a meeting with Nawaz Sharif at Kot Lakhpat j
Published 12 Mar, 2019 12:00am
'New tax authority': FBR officers express mixed reaction
Print

'New tax authority': FBR officers express mixed reaction

Officers at the Regional Tax Office (RTO) of the Federal Board of Revenue (FBR) have expressed a mixed reaction over the statement of Prime Minister Imran Khan that he might create a new tax authority if the FBR fails to achieve revenue targets.
Published 09 Mar, 2019 12:00am
'New tax authority': FBR officers express mixed reaction
Print

'New tax authority': FBR officers express mixed reaction

Officers at the Regional Tax Office (RTO) of the Federal Board of Revenue (FBR) have expressed a mixed reaction over the statement of Prime Minister Imran Khan that he might create a new tax authority if the FBR fails to achieve revenue targets.
Published 09 Mar, 2019 12:00am
EOBI pensioners not happy with mere 20 percent raise
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EOBI pensioners not happy with mere 20 percent raise

Beneficiaries of the Employees' Old-age Benefits Institution (EOBI) have expressed dismay over 20 percent increase in the rate of pension for EOBI pensioners, saying that they were expecting much more in the wake of prevailing inflationary pressures in th
Published 03 Mar, 2019 12:00am
SLIC employees, policy-holders concerned at sell-off plan
Print

SLIC employees, policy-holders concerned at sell-off plan

The announcement of privatisation of State Life Insurance Corporation (SLIC) of Pakistan by 31st March has become a serious cause of concern for its over 200,000 employees and 10 million policy-holders. An advertisement for hiring of consultants for priva
Published 21 Feb, 2019 12:00am
Smart metering project designed to facilitate foreign bidders
Print

Smart metering project designed to facilitate foreign bidders

The qualification criteria laid down for $1 billion Asian Development Bank-funded smart metering project has been designed to facilitate foreign bidders and striking out constitutional rights of local industry as it is a sheer violation of Statutory Regul
Published 12 Feb, 2019 12:00am