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Shabbar Fired, Nausheen Made FBR Chairperson

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Shabbar Fired, Nausheen Made FBR Chairperson VOLUME 15 | N o 98 Lahore Regd No. CPI 251 INTERNATIONAL LAHORE 6P7 6P2 Johnson hospitalised The Corona will not with virus leave Pakistan but ‘still soon, reveals incharge’ An English Daily published simultaneously from Lahore and Faisalabad Governor PAGES 08 | R s 20 Buwsww.theibusiness.com.epk ss Shaban 13 1441 Tuesday, April 07 , 2020 Tareen blames Azam Khan behind report, terms it attempt Shabbar fired, to make him target, ‘removed’ as Agri Task Force chief Nausheen made FBR Chairperson By Jahangir Hayat and/posted as Chairperson, Federal Board of Revenue LAHORE: The Federal (FBR), with immediate effect. Khusro, Secy removed from government on Monday ap - The notification explained pointed Nausheen Javed as that the Chairman, Federal new Chairperson of the Fed - Board of Revenue (FBR) is eral Board of Revenue (FBR). appointed by Federal Gov - The federal cabinet has ap - ernment in terms of Section 3 proved the appointment of (3) of FBR Act, 2007. ministry in major shake-up Nausheen Javed as an FBR In view of the above order, curity, as a beneficiary. the provincial food minister after chairperson through the cir - the Establishment Division g Tareen tweeted soon after, say - meeting Punjab CM Sardar Usman culation summary. proposes the following: -The Punjab minister Samiullah resigns over report ing that he was never appointed as Buzdar. The provincial minister Earlier, Establishment Di - honorary/ pro bono appoint - By Our Staff Correspondent Federal Minister for National Food after the Federal Investigation the chairperson of the task force. submitted resignation after he was vision proposed appointment ment of Syed Muhammad Security. Bakhtiar has instead been Agency team released reports on Another report adds: On the accused of not bringing reforms in of Nausheen as FBR Chair - Shabbar Zaidi, as Chairman, ISLAMABAD: In a major cabi - given the charge of the Ministry of the sugar crisis and beneficiaries other hand, the PM ’s close aide the food department and failure to person. It has proposed the Federal Board of Revenue net reshuffle, Prime Minister Imran Economic Affairs, replacing Ham - of subsidies obtained by the indus - denied the news in a twitter post, regulate the hike in prices of wheat honorary/pro bono appoint - (FBR), may be terminated Khan has on Monday replaced mad Azhar, who has been made the try's bigwigs. The report on the saying he was never chairman of and flour. He said that he is volun - ment of Syed Muhammad with immediate effect. Makhdoom Khusro Bakhtiar with Federal Minister for Industries. sugar crisis named Bakhtiar, then any task force. Tareen also asked if tarily presenting himself for ac - Shabbar Zaidi, as Chairman, The notification also read PTI leader Syed Fakhar Imam as The reshuffle comes two days the minister for national food se - anyone can anyone show his a no - countability. Chaudhry said he has FBR, has been terminated that Ms. Nausheen Javaid tification with him as chairman. been illegally involved in the scan - with immediate effect, a no - Amjad (BS-22/1RS), Later, talking to media, while de - dal, adding that all allegations tification issued by the Cabi - presently posted as Member claring the FIA’s investigation re - against him are baseless. net Secretariat Establishment (Admn), FBR may be trans - port politically motivated, Jahangir Finance Dept has no role in Division said. ferred and appointed Major changes in Cabinet Tareen termed it an attack on him - giving sugar subsidy: Hashim The notification also said and/posted as Chairperson, • Fakhar Imam appointed as Minister for National Food Security self. He alleged that PM’s Principal Punjab Finance Minister Hashim that Ms. Nausheen Javaid FBR, with immediate effect. Khusro Bakhtiar made Minister of Economic Affairs Secretary Azam Khan is behind the Jawan Bakht said on Monday that Amjad (BS-22/1RS), Approval of the Federal • presently posted as Member Cabinet is solicited to the pro - Hammad Azhar given Ministry of Industries investigation report, adding that an giving sugar subsidy was a decision • incomplete report was released just of the cabinet and it was free from (Admn), FBR may be trans - posals contained in para 4 of • Azam Swati given the porfolio of Minister for Narcotics Control to make him a target. any interference or influence from ferred and appointed the summary, it was said. • Babar Awan was appointed Adviser for Parliamentary Affairs while The PTI leader said Azam Khan the Punjab Finance Department. Mohammad Shahzad Arbab was removed as Adviser. The PM also accepted is making his own decisions by set - He said in a media statement is - ting up a hierarchy around PM sued here that in a meeting pre - the resignation of Khalid Maqbool Siddique. Imran, adding that he is himself ceding the cabinet decision, the Youth to show • Secretary Ministry of National Food Security and Research Hashim Popalzai making the schedule of meeting the Provincial Finance Department was removed from his post and replaced by Omar Hameed. PM. Tareen further claimed that had categorically stated that it MQM-P's Aminul Haq has been made Federal Minister for Telecom. the principal secretary is constantly considered subsidies as economic national spirit in • harming the premier, adding that distortions. It had suggested that • Abdul Razak Dawood, Adviser to the Prime Minister on Commerce, Textile, he is in contact with Imran Khan the provincial government should Industry & Production and Investment has been removed. and will stand by his side formulate a comprehensive policy pandemic, says PM The Ministry for National Food Security and Research saw another change, as Samiullah presents himself and a plan for gradual elimination ISLAMABAD: Prime Khan on Monday directed • for accountability of the subsidy on sugar, as it was Minister Imran Khan has ex - the immediate activation of its secretary Hashim Popalzai was replaced with Omar Hameed. Samiullah Chaudhry resigned as not a staple food. pressed optimism that youth the Corona Relief Tiger will demonstrate national Force at the provincial level spirit in this hour of need. as around 739,000 young - The Prime Minister was sters have registered them - PSX loses 1042 talking to Special Assistant selves to join the volunteers’ on Youth Affairs Usman Dar body for relief works during points to close who called on him here on the lockdown in the wake of Monday. He said the spirit of coronavirus pandemic. at 30,579 youth is appreciable and they During a meeting, Special should be activated at provin - Assistant to the Prime Min - ISLAMABAD: The Pakistan Stock Ex - cial and district levels. ster on Youth Affairs Usman change (PSX) Monday witnessed bearish Usman Dar presented the Dar updated the prime min - trend as the index closed at 30,579.15 latest report regarding Tiger ister and consulted with him points as compared to 31,621.79 points on Force to the Prime Minister. on operational matters re - the last working day with the negative The PM while expressing garding the force. The prime change of 1042.64 points (3.30 percent). satisfaction on it directed him minister expressed satisfac - A total of 233,329,238 shares were to immediately make the tion over the report, a PM traded compared to the trade 251,874,893 force active at provincial Office statement said. On shares during the previous day, whereas the level. During the meeting, it the prime minister’s direc - value of shares traded during the day stood was decided to make the live tives, the live update of the at 8.711 billion as compared to Rs 9.262 updates of the force public. Tiger Force has also been billion during last trading day. On the direction of PM, the made public and linked with As many as 339 companies’ transacted portal of Tiger Force has the government’s official shares in the Stock Market on Monday, out been linked with official portal of COVID-19. of which 47 recorded gain and 278 sus - website of COVID-19. Dar told the PM that ma - tained losses whereas the share price of 14 Usman Dar apprised the jority of those who had regis - companies remained unchanged. Prime Minister that the num - tered for the volunteers’ force The three top traded companies were ber of registered youth in were of students and social Maple Leaf with a volume of 23,037,500 Tiger Force has exceeded workers, besides doctors, po - shares and price per share of Rs 22.25, Has - 739,000. litical workers, engineers, col Petrol with a volume of 20,174,500 QUETTA: Police arrest the Young Doctors Association members who protest against the Balochistan Government for non-providing coronavirus safety kits, outside the CM House. PM for Corona Tiger teachers, lawyers, journalists, price per share of Rs 13.85 and K- electric Force at provincial level retired armed forces officers ltd with a volume of 17,013,000 and price Prime Minister Imran and people from the corpo - per share of Rs 2.75. Colgate Palm recorded maximum decrease of Rs 98.99 per share, closing at Rs 1901. —APP Coronavirus toll climbs to Pak forex reserves Govt to cut impacts slump by 12 percent The Business Report tracted foreign carry trade of lockdown on 50 with 3,289 infected cases money on the back of high The Business Report Federal Minister for Planning Asad Umar of coronavirus pandemic in the province. ISLAMABAD: Pakistan's interest rates and a fall in im - informed that goods transport carrying food middle class: Asad Seven days lockdown extension foreign exchanges reserves ports. But with the first coro - LAHORE: Pakistan on Monday has re - will remain open, while medicines will be notification issued in Punjab plunged more than 12 per - navirus case being reported ISLAMABAD: Minister for Planning, ported 50 deaths from novel coronavirus available for the general public in all four The Interior Ministry of Punjab has ex - Development and Special Initiatives Asad while the total number of cases has surged provinces of the country.
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