The Federal Revenue Council (FBR) expanded the scope of suspension of sales tax registration under recently amended sales tax rules for the year 2006. The reviews provide clearer conditions according to which the registered companies may face the status of their sales tax. According to the revised rules, FBR now has the authority to suspend … Read more
The government decided to stop using methyl bromide immediately to evaporate rice shipments, allowing imported countries to make evaporation according to their own standards. This shift in politics, expected to help the exporters of Pakistani rice, will help reduce export costs and improve competitiveness in global markets. Methyl bromide is a wide spectrum evaporation used … Read more
US President Joe Biden plans to issue a new executive order in the coming days to strengthen cybersecurity for federal agencies and contractors. The move is intended to address recurring cyberattacks linked to Chinese hackers and cybercrime groups, according to a draft of the order cited by Reuters. The order comes as Biden’s presidency draws … Read more
As the clock struck zero in Michigan’s 24-17 win over Michigan State on Saturday, there were fireworks between the two teams. Players from both teams got involved in a skirmish, and now Spartans athletic director Alan Haller is calling for Michigan to be held to the “same standards” as everyone else when it comes to … Read more
A representative photo of a girl balancing herself while walking on an abandoned railway track in a slum area of Karachi, Pakistan, July 10, 2023. — Reuters Pakistan’s peers have achieved more than double the average GDP per capita. The global lender is assessing Pakistan’s performance over the past 10 years. The Fund recommends strengthening … Read more