Author: admin
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Federal Tax Ombudsman flags error in FBR’s refund system
ISLAMABAD: The Federal Tax Ombudsman (FTO) has identified a systemic flaw in the Federal Board of Revenue’s (FBR) FASTER sales tax refund system and directed the tax authority to take immediate corrective measures. FTO Zafar Hijazi on Friday warned that the defect is adversely affecting exporters and undermining the automated refund mechanism. The ombudsman issued…
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Centre cuts markup on uplift loans to 11.89pc
ISLAMABAD: The government on Friday reduced by almost 6 percentage points the mark-up chargeable on development loans and advances to the provincial, local bodies, state-owned entities and public sector financial institutions for the outgoing fiscal year ending on June 30. In a notification issued by the Ministry of Finance, the mark-up rate for 2025-26 was…
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Vaibhav Sooryavanshi hits maiden 50 as India thump Zimbabwe in T20
HARARE: India wonderkid Vaibhav Sooryavanshi scored a maiden Twenty20 International half-century in a seven-wicket victory over Zimbabwe in Harare on Thursday. Put in to bat after losing the toss in the first of three matches, Zimbabwe made a meagre 125-7 in 20 overs with all-rounder Wessly Madhevere (39) top scoring. Led by 15-year-old prodigy Sooryavanshi,…
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Gull Feroza, Sidra Amin smash fifties as clinical Pakistan down Sri Lanka in first ODI
HAMBANTOTA: Gull Feroza and Sidra Amin struck half-centuries as Pakistan began their tour of Sri Lanka with a comfortable five-wicket victory in the first women’s ODI at the Mahinda Rajapaksa International Cricket Stadium on Thursday. Chasing 211, Pakistan reached the target in 43 overs, with Gull making a fluent 78 off 77 balls and Sidra…
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Brian Lara Stadium hosts maiden Test as West Indies face Pakistan
West Indies and Pakistan meet at Test cricket’s newest venue in Trinidad on Saturday at the start of a two-match series in which the home side will be enjoying rare favoured status against the visitors. Brian Lara Stadium, located in the south of the island, has previously hosted one-day and T20 internationals along with regional…
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India, Pakistan among teams handed direct Asian Games men’s cricket knockout berths
India, Bangladesh, Pakistan and Sri Lanka secured direct entry into the men’s cricket knockout stage at the 2026 Asian Games after the draw was announced on Thursday. The 10-team men’s competition, starting from September 24 in Nagoya, will begin with a preliminary round featuring Afghanistan, Hong Kong, Japan, Malaysia, Nepal and Oman competing for the remaining quarter-final…
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Jurgen Klopp handed task of reviving Germany’s football fortunes
FRANKFURT: Jurgen Klopp has been named Germany coach, the former Liverpool manager given the task of rebuilding the struggling European giants, the national federation (DFB) announced on Friday. Klopp’s appointment was widely expected for weeks and his contract will see him through to the 2030 World Cup co-hosted by Spain, Portugal and Morocco, as well…
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Modern, people-centric police critical to maintaining peace, says Sindh CM
KARACHI: Chief Minister Syed Murad Ali Shah on Friday said a modern, professionally trained and people-centric police force was critical to maintaining peace, countering terrorism and supporting economic growth in the province. Addressing the 132nd Passing-Out Parade of Recruit Training Course Batch-5/2025 at the Shahid Hayat Police Training College in Saeedabad, he congratulated 974 newly…
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Sindh is being deprived of water by unfair upstream withdrawals, claims PPP
KARACHI: The ruling Pakistan Peoples Party (PPP) on Friday staged rallies across Sindh as part of the second phase of their Marsoon Marsoon, Sindhu Na Desoon (we may die but we will not surrender the Indus) campaign. The party announced that it would launch the third phase of its protest movement with divisional-level public rallies…
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Karachi’s DHA City becomes first private entity to light up its own housing project
ISLAMABAD: In a first, the National Electric Power Regulatory Authority (Nepra) on Friday awarded DHA City, located on M-9 motorway, two parallel licences for electricity distribution and supplier of last resort (SoLR) for a period of 21 years. This is the first of its kind move under which a privately owned entity — DHA Energy…
