“Pakistan State Oil would like to refute the news circulating on social media about its head office shifting to Islamabad. We will continue to run our operations from Karachi,” stated PSO in a statement on Monday.
*A media outlet reported that the Federal Board of Revenue (FBR) has begun investigating Arif Usmani, for his alleged offshore assets worth billions of rupees.
“If this is done then we should forget about any tax system in Pakistan,” said Zaidi, while calling for an improvement in the refund system.
All Pakistan Textile Mills Association (APTMA) in a series of tweets on Wednesday, said that the withdrawal of zero-rating was one of the most regressive policies brought in by then FBR Chairman Shabbar Zaidi.
