Business Strategic retreat: Tax collection target revised downwards
Our Correspondents The government has revised the tax target to Rs1.929 trillion, Rs23 billion less than budgetary projections after Federal Board of Revenue failed to hit monthly goalposts for consecutive two months. Federal treasury: State Bank's 'hidden liabilities' swell to $2.1b Shahbaz Rana The hidden liabilities of the State Bank of Pakistan (SBP) due to massive exposure to forward contracts have swelled to $2.1 billion that will have to be paid within a year and may bring down the foreign exchange reserves, putting the rupee under pressure. _______________________________________________ Sports Cricket: Snubbed Mohsin offers a helping hand Fawad Hussain Former coach Mohsin Khan has offered a helping hand to the Pakistan Cricket Board (PCB) in its bid to revive top-flight international cricket in the country. I've given up on my Olympics dream: Aqeel Our Correspondents The London Olympics may be drawing closer by the day but Pakistan's hopes of representation dims by the second. _______________________________________________ Life & Style There's no business like the fashion business Hani Taha Of the brands that made a splash at the recently held Fashion Pakistan Week 3 were the British retail brands Next, Monsoon and Accessorize, making a mark for actually encapsulating the event's central theme of 'high street fashion'. Summer make-up tips: Beauty journal Momina Sibtain Make-up to a woman is as indispensible as oxygen is to life. Regardless of how simple one's look may be, make-up acts as an enhancing element and it is important to know how to apply it correctly. This can only happen when you know what complements your face. _______________________________________________ |
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