Journalists, politicians and friends pay tribute to late Arif Nizami | Pakistan Press Foundation (PPF) pakistanpressfoundation.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pakistanpressfoundation.org Daily Mail and Mail on Sunday newspapers.
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Mehtab Haider
ISLAMABAD: The Federal Board of Revenue (FBR) has bound manufacturers of major revenue generation sectors such as tobacco, sugar, fertiliser, cement and beverages to get brand registration certificates for selling their products in the domestic market. This step is aimed at curbing evasion of taxes. The FBR has been trying to implement a Track and Trace System and litigation was underway at the Sindh High Court and the Islamabad High Court. Till the disposal of these litigations, the FBR has come up with the Brand Registration Certificate in order to stop tax-evading sectors to sell unregistered products into the market. The FBR high-ups were hopeful that the verdict would be announced within one month,
IMF approves $650b to aid coronavirus fight
August 4, 2021
ISLAMABAD: International Monetary Fund (IMF) Tuesday approved the biggest resource injection in the Fund’s history, with $650 billion meant to help countries deal with mounting debt and the fallout from the COVID-19 pandemic, foreign media reported. The creation of the reserve assets known as special drawing rights is the first since the $250 billion issued just after the global financial crisis in 2009, with Managing Director Kristalina Georgieva billing it as “a shot in the arm for the world” that will help boost global economic stability. The SDR allocation will be effective on Aug 23, the IMF said in a statement.