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Tag: Senate Finance Committee

An investigation was called into whether Jared Kushner, Donald Trump's son-in-law, was functioning as a foreign agent for Saudi Arabia.
World
  • Web Desk
  • Oct 25, 2024
US Senators ask to investigate Trump son-in-law for Saudi connections

An October 4 Reuters report that revealed that Kushner on multiple occasions had discussed US-Saudi diplomacy concerning Israel.

IMF and Pakistan
Business
  • Web Desk
  • Aug 22, 2024
IMF expected to approve new loan by September: FinMin Aurangzeb

Finance Minister Muhammad Aurangzeb has announced that the International Monetary Fund (IMF) Executive Board is expected to approve a new programme for Pakistan in September 2024, following ongoing discussions that are progressing positively.

The Senate Finance Committee rejected a proposal on Saturday to impose an 18 per cent sales tax on mobile phones priced up to Rs55,000 and above.
Pakistan
  • Web Desk
  • Jun 23, 2024
18 per cent sales tax increase on mobile phones rejected

Anusha Rahman opposed the tax, arguing that mobile phones aren’t luxury items and taxing those above Rs55,000 would raise prices.

powdered milk formula
Business
  • Web Desk
  • Jun 15, 2024
Senate urges lower GST on formula milk for infant health

The Federal Board of Revenue (FBR) has implemented an 18 per cent General Sales Tax (GST) on packaged food items, including formula milk.

fake Rs5000 banknote circulation in Pakistan
Business
  • Web Desk
  • Dec 19, 2023
Fake Rs5,000 banknotes flood Pakistani markets

According to details, even officials of the State Bank of Pakistan (SBP) failed to recognise the fake Rs5,000 banknotes.

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