Business

Sindh High Court Rules Lapsed Sugar Subsidy Cannot Be Revived

The Sindh High Court has dismissed a series of petitions filed by 16 sugar mills seeking the release of an inland freight subsidy that was approved years earlier but never disbursed. The court ruled that the subsidy had effectively lapsed and could not be revived through judicial intervention, marking a significant decision for Pakistan’s sugar…

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Business

FBR’s Tax Transformation Hailed as ‘Global Case Study’ by World Bank

Pakistan’s Federal Board of Revenue (FBR) has earned global recognition after being invited by the World Bank to present its comprehensive tax transformation as a case study in public sector reform during the annual meetings held in Washington, D.C. The session was attended by Federal Minister for Finance and Revenue Muhammad Aurangzeb, FBR Chairman Rashid…

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