Thursday , June 4 2020

Board to make new tax policies, New airline soon to come; Fawad Chaudhry

Information Minister Fawad Chaudhry shared that many reforms are taking place. Some organizations are being restructured while new organizations may sprang up. He also revealed that an airline is expected to launch. the decisions approved by the Cabinet on Thursday.

“The government has granted licence to a new airline, Liberty Air Limited”, he said.

He further told that board will be constituted to look after policy-making decisions. While, Federal Board of Revenue(FBR) will work on the execution of those decisions.

Prime Minister Imran Khan ordered yesterday a forensic audit of the board. He had showed his concerns over the wide-scale administrative and financial irregularities.

The federal cabinet approved some new positions too. Riaz Memon has been appointed as the chairperson of the Trading Corporation of Pakistan, while Ahmed Nawaz Sukhera will assume the office of new secretary of the Board of Investment.
A new policy board is expected to be constituted. It will include Dr Khalid Mirza, Sadiq Saeed, Farrukh H Khan, Adnan Afridi, Waqarul Islam, and Saeed Asad Ali Shah.

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