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Articles for tag: FBR, involved, officers, probe, refund, share, Tax, tussle

June 1, 2024

News Desk

FBR to probe officers involved in tussle over tax refund share

The flag of Pakistan is displayed at the Federal Board of Revenue (FBR) office building in Karachi, Pakistan, August 29, 2018. — Reuters The issue is about “haircut” in a Rs 55 million share of tax refund by a company. FBR spox confirms removal of officers the alleged incident. Under the agreement, officers expected to receive a share according to their role. ISLAMABAD: The Federal Bureau of Revenue (FBR) has said it will investigate an incident involving its officers involved in a fist fight over a share in tax refund amount from a company, The news reported on Saturday. An

Israel says Gaza war likely to last another seven months as tanks probe Rafah

CAIRO: Israel sent tanks into raids on Rafah on Wednesday and predicted that its war on Hamas in Gaza would continue throughout the year, after Washington said the attack on Rafah did not amount to a major ground operation that would prompt a shift in US policy. Israeli tanks moved into the heart of Rafah for the first time on Tuesday, despite an International Court of Justice order to end its attacks on the city, where many Palestinians had fled shelling elsewhere. The World Court said Israel had not explained how it would keep those displaced from Rafah safe and

Probe names FBR officials in flawed T&T Rs25b contract

Islamabad: An inquiry committee has attributed the failure and wrongful award of a Rs 25 billion contract aimed at monitoring the production activities of companies three years ago to the project manager and two former chairmen of the Federal Board of Revenue (FBR). Chaired by Finance Minister Imdad Ullah Bosal, the committee presented its findings to Prime Minister Shehbaz Sharif on Tuesday. The Prime Minister immediately directed action against the then project manager Tariq Hussain Sheikh and the then member firms, Dr Mohammad Ashfaq, holding them directly responsible for the mistakes in the award of the track and track project

April 21, 2024

News Desk

The PCB will probe the committee’s handling of Ihsanullah’s injury

Right-arm pacer Ishanullah gestures during a Pakistan Super League match. — AFP/File The Pakistan Cricket Board (PCB) has decided to investigate the handling of pacer Ishanullah’s elbow injury. “PCB has decided to set up an independent medical board to analyze whether Ihsanullah’s medical case was handled properly by the board’s medical support team,” PCB chairman Mohsin Naqvi said in a statement issued on X’s official account. The medical board comprising Dr Javed Akram, Dr Rana Dilawaiz and Dr Mumraiz Naqshband will also recommend the future course of action for proper medical treatment of the pacemaker, the statement added. — X/@MohsinnaqviC42

April 13, 2024

News Desk

Chinese official warns EU over Greentech probe

VERONA: China’s top trade official warned Brussels against protectionism on Friday, saying Beijing was troubled by EU probes into green technology exports and the bloc’s concerns that they threaten its domestic solar panel, wind turbine and electric vehicle industries. Wang Wentao travels to Europe for discussions on the European Commission’s investigation into whether China’s electric vehicle (EV) industry has benefited from unfair subsidies. “We fail to understand how the EU Commission carries the banner of sustainable and green development and then takes protectionist actions, thereby actually creating more and more risks,” Wang said in some of his first public comments

Successful launch of China’s Queqiao-2 relay satellite for lunar probe mission

BEIJING: The China National Space Administration (CNSA) said on Friday that the launch of a key signal relay satellite was a “total success” and will serve as a communication bridge for its future lunar probe missions for years to come, state media reported. China launched the Queqiao-2 satellite, named after a mythological bridge of magpies, and two tiny satellites, Tiandu-1 and Tiandu-2, on March 20. Queqiao-2 will be used as a communication bridge between ground operations on Earth and upcoming lunar missions on the far side of the moon until at least 2030. The near side of the moon always

UK ends terror probe into Adil Raja due to ‘lack of evidence’

The CPS had advised the police that there was no realistic prospect of a successful prosecution against Adil Raja — by a journalist LONDON: Counter-Terrorism Police South East (CTPSE) has withdrawn a terrorism case against social media activist and YouTuber ex-Pakistani Army officer Adil Raja and therefore, no further action will be taken against him for his terrorism-related arrest of May 9 incitement case. The Youtuber was arrested from the Chesham area for terrorist offenses by CTPSE detectives at Thames Valley Police on 12 June 2023 on suspicion of terrorist offenses in Pakistan related to the May 9 violence, but

February 24, 2024

News Desk

The lunar probe Ulysses tilted sideways on the lunar surface

The lunar rover named Odysseus is “alive and well” but resting on its side a day after its white-knuckle landing as the first private spacecraft ever to reach the lunar surface and the first from the US since 1972, the company behind the vehicle he said Friday. Houston-based Intuitive Machines ( LUNR.O ) revealed that human error led to the failure of the spacecraft’s laser rangefinders, how engineers spotted the error by chance hours before landing time and how they improvised an emergency fix that saved the mission from a possible crash. Although Odysseus reached the surface Thursday intact, data

February 22, 2024

News Desk

Wolff says Horner probe ‘problem for all of F1’

BAHRAIN: Three-time world champion Max Verstappen gave his racing rivals little hope for optimism ahead of the new Formula One season when he dominated the first day of winter testing on Wednesday. The Red Bull driver was more than a second faster than Lando Norris in a McLaren with Carlos Sainz, set to begin his final year as a Ferrari driver, third at the Sakhir circuit where the season opens on March 2. Sainz will lose his place at Ferrari to seven-time world champion Lewis Hamilton who enters his final campaign behind the wheel of a Mercedes. Hamilton will race

January 3, 2024

News Desk

India’s Supreme Court rejects fresh probe against Gautam Adani

After the court’s decision, Adani, which has always denied any wrongdoing, said “the truth had prevailed”. Indian billionaire Gautam Adani speaks during an interview with Reuters at his office in the western Indian city of Ahmedabad, April 2, 2014. — Reuters India’s Supreme Court recently rejected requests to set up a new commission to investigate fraud allegations made by a US investment research firm against businesses owned by billionaire Gautam Adani. According to the BBC, Hindenburg Research accused Adani’s company of “brazen” share manipulation and accounting fraud in January last year, prompting a judicial commission to oversee an investigation by

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