Mon. Feb 24th, 2020

Saima Iqbal

Saima Iqbal is a Fellow Chartered Accountant (FCA) and covers corporate news for Truestories.pk. you can reach her through saima.iqbal@truestories.pk
This has been decided after the government received SOQs (Statement of qualification) for the sale of 2 power plants worth $ 2 billion. The matter was decided in by the Cabinet Committee on Privatization (CCOP) at a meeting presided over by Dr Abdul Hafeez Shaikh Adviser to the Prime Minister on Finance & Revenue.... Read More
Another challenge for PTI government is ready in the form of a likely alliance between Balochistan government and Pakistan Peoples’ party government in Sindh over the gas shortage issue prevailing in both provinces. This occurred as a result of rejection of the Sindh’s claim for gas produced by it ... Read More
As an important requirement of Financial Action Task Force (FATF), The National Assembly passed a bill on Monday about exchange of information and criminals with other countries. Initially, the opposition parties tried to impede the said bill however upon a 4 vote defeat they eventually participated..... Read More
Federal Board of Revenue has collected Rs. 2.080 trillion out of the targeted revenue of Rs. 2.367 trillion during the first half of current year, being a shortfall of Rs. 287 billon. The tax authorities have estimated collection of another Rs. 2–4 billion in form of book adjustments. However collected amount is 16.95% higher than corresponding ..... Read More
FBR has busted against a gang of 50 - 60 dishonest persons on account of issuing invoices against bogus companies resulting in of billions rupees tax fraud. Directorate of Intelligence and Investigation of FBR in Karachi has revealed a scam of tax evaders engaged in issuing and utilizing the benefits of fake & flying invoices with intentions to evade....... Read More