Purchase of vehicles must for tasks of young officers, says FBR chief amid controversy Blogging Sole

Purchase of vehicles must for tasks of young officers, says FBR chief amid controversy

 Blogging Sole

FBR Chairman Rashid Mahmood Langrial speaks at an event. – ScreenGrab / Facebook / @ National Power Parks Management Company – Private Limited / File The FBR will achieve fiscal targets set for this, says the FBR chief. He says big businesses contribute to Karachi’s tax collection. Financial matter decided in federalism, Constitution, explains Langrial. … Read more

The monopoly of Sui companies on the purchase and sale of gas Blogging Sole

The monopoly of Sui companies on the purchase and sale of gas

 Blogging Sole

Flames from a gas stove. — Reuters/File Implementation involves a cap of 100 million cubic feet of gas to be sold to the private sector. Circular debt must be reduced through timely advance payments to E&P companies. The notified decision of the government has virtually liberalized the upstream oil and gas sector. ISLAMABAD: The monopoly … Read more

PIA set for debt-free privatization with IMF help for aircraft purchase Blogging Sole

PIA set for debt-free privatization with IMF help for aircraft purchase

 Blogging Sole

View of a Pakistan International Airlines (PIA) passenger plane. — APPLICATION/File The IMF waives taxes and shifts debts to help sell PIA. The resumption of European flights strengthens the prospects of privatization. Privatization to restore PIA’s competitiveness and efficiency. ISLAMABAD: Pakistan International Airlines (PIA) is set to be privatized, freed from its existing obligations, in … Read more