Pakistan

People behind leak of COAS General Qamar Javed Bajwa’s income tax records identified: Ishaq Dar

Published

1 year ago

Farwa

Ishaq Dar assures the matter will reach its “logical conclusion”.
Law does not allow release of army chief or anyone else’s tax returns without a court order.
If “illegal work” is allowed or a blind eye is turned towards it then a person will not be fulfilling their duty.

ISLAMABAD: Finance Minister Ishaq Dar shared on Tuesday that he has received the interim report related to the leak of Army chief General Qamar Javed Bajwa’s income tax records, adding that they have traced some people involved in the act.

In an interview during Geo News programme ‘Capital Talk’, Dar repeated that leaking army chief’s income tax returns was “illegal”.

A day earlier, Finance Minister Ishaq Dar took notice of the “illegal and unwarranted” leakage of tax information of Gen Bajwa’s family members.

“This is clearly a violation of the complete confidentiality of tax information that the law provides,” a statement from the Finance Division had read.

In view of this serious lapse on the part of to-date unknown functionaries, Dar had directed Special Assistant to the Prime Minister on Revenue Tariq Mehmood Pasha to personally lead the probe, affix responsibility, and submit a report within 24 hours.

“I have seen the interim report. I hope to receive the final report today,” Dar told the host during today’s show. He added that the government has found a few people behind the leak and the issue will reach its logical conclusion.

The finance czar shared that one person involved in the leak is from Lahore and another from Rawalpindi.

However, he added that there is a possibility that some of the individuals involved may have the authorisation to look at the income tax records as there a “circle” in Rawalpindi where assessments take place.

“These people are authorised to access [data] for their assessment,” said Dar.

The finance minister was of the view that if “illegal work” is allowed or a blind eye is turned towards it then a person will not be fulfilling their duty.

“The law does not allow the release of army chief or anyone else’s income tax returns without a court order,” said the finance minister.

Pakistan will not default

Reacting to Imran Khan’s claim that Pakistan’s default risk soared from 5% to 80% during the tenure of the incumbent coalition government, the finance minister said that the PTI leaders should think that whether they were working in or against the interests of the country.

The finance czar berated the former PTI government for borrowing historic loans and ruining the economy ahead of the COVID-19 outbreak. He reiterated that Pakistan will not default and would repay loans on time.

“They must stop the dirty politics,” he added.

Business

Price of LPG “slashed” by Rs. 20 per kilogram

Published

3 days ago

Farwa

Sources claim that LPG rates have been lowered by Rs 20, making the cost per kilogram drop from Rs 280 to Rs 260.

It is noteworthy to remark that the costs of LPG were reduced by Rs 20 per kilogram earlier, resulting in a total reduction of Rs 40 per kilogram within a few weeks.

The price of liquefied petroleum gas for the month of May 2024 was lowered by the Oil and Gas Regulatory Authority (OGRA) on April 30.

The LPG tariffs were lowered by Rs 11.88 to Rs 238.46 per kilogram in accordance with the OGRA’s notice. On Wednesday, May 1, 2024, the new rates will go into effect.

In April of last year, the price per kilogram of LPG was Rs 250.34. pricing reduction of Rs 140.18 has resulted in a new pricing for home LPG cylinders set for May 2024 of Rs 2813.85.

The OGRA reported a drop in liquefied petroleum gas pricing in April. The price of LPG is now Rs 250.34 per kg instead of Rs 256.78 due to a reduction of Rs 6.44 per kg.

The price of the household cylinder was fixed at Rs 2954.03 for the month of April, down from Rs 3030.12, a decrease of Rs 76.9.

Business

ADB delegation stops by FBR headquarters

Published

3 days ago

Farwa

Senior Director ADB Tariq Niazi oversaw the expedition, which also involved Sana Masood, Farzana Noshab, and Senior Public Sector Management Specialist Laisiasa Tora. The meeting included presentations from economists as well, according to an FBR press release.

The officers focused on structural and policy adjustments as they discussed the Domestic Resource Mobilization Program’s implementation at the meeting.

$300 million was given to the Pakistani government by ADB in December 2023 as a result of the hard work and dedication of FBR. Better laws, regulations, and institutional capability for the FBR were established by Sub-Program I.

With the $300 million in funding provided by the Asian Development Bank (ADB) to the Government of Pakistan in December 2023, the delegation conveyed satisfaction with the program’s effective launch.

The FBR also underlined how crucial digitization is to recording the economy and boosting productivity in a sustainable way.

In order to promote the Government of Pakistan’s Digital Tax Administration Project, both parties decided to look into measures to improve their cooperation.

Latest News

Off-duty police in Islamabad are prohibited from donning uniforms.

Published

3 days ago

Farwa

The new directives, according to specifics, were sent via wireless by the federal capital police and state that no officer may wear a uniform when reporting for duty or leaving it.

According to the police official, uniforms will only be worn when on duty; otherwise, two policemen will accompany each other during duty hours and will always be required to carry guns.

A different development was the earlier release of an app by the Islamabad Police with the goal of improving crime prevention and public safety.

Launched on the orders of former Interior Minister Sarfraz Akbar Bugti, the recently released ICT-15 app aims to empower the people of the capital city by giving them the ability to actively engage in the battle against crime and protect their areas.

Residents of Islamabad can now easily download and utilize the ICT-15 app because it is easily accessible on the Google Play Store.

Citizens can report a variety of issues with this easy-to-use application, such as incidents, unlawful behavior, complaints against law enforcement, the presence of undocumented people, or any suspicious criminal activity.

The police promise quick reaction times as soon as information is reported using the app, so assistance will be provided as quickly as feasible.