News Updates

Category: Fund News

Govt Raises Rs. 853 Billion Via Treasury Bills

The cut-off yields on Treasury Bills (T-Bills) were down by up to 2 basis points (bps) in the auction of the paper held on Wednesday. According to the data released by the State Bank of Pakistan (SBP), the government raised Rs. 853 billion against an initial target of Rs. 1.1

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FBR Dismisses Official for Unauthorized Absence from Duty

The Federal Board of Revenue (FBR) has dismissed the Deputy Commissioner (DC) Large Taxpayers Unit (LTU) for unauthorized absence from duty. In its statement, the board said that it initiated disciplinary proceedings against DC LTU Karachi Nadeem Ahmad Tahir (Inland Revenue Service/BS-18) on account of his unauthorized absence from duty.

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