The Central Bank of the United Arab Emirates (CBUAE) revealed a new symbol of the nation’s currency, a dirham, which represents an important step in its efforts to enhance the situation of the United Arab Emirates as a global financial center. The new symbol, which is inspired by the English message “D”, includes two horizontal … Read more
Prime Minister Shehbaz Sharif has formed an investigation team to probe the ongoing sales tax fraud cases, according to a notification issued by the Prime Minister’s Office. The team is tasked with investigating the involvement of public officials, identifying policy loopholes, and uncovering how various entities engage in fraudulent activities. The investigation will focus on … Read more
The government has established a high-level committee to review fiscal measures related to the ratio of advances to deposits in the banking sector and explore alternative plans to impose a tax on banks’ profits earned from investing in government securities. Prime Minister Shehbaz Sharif formed the committee, headed by Deputy Prime Minister Ishaq Dar, tasked … Read more
Islamabad: Prime Minister Shehbaz Sharif has formed a committee headed by Finance Minister Muhammad Aurangzeb to formulate a wheat procurement plan for the food year 2024-25, including IMF recommendations. The committee includes Minister of National Food Security and Research Rana Tanveer Hussain, Minister of Commerce Jam Kamal Khan, and Advisor to the Prime Minister on … Read more