Business Extending incentives: FBR seeks to waive penalties on illegal tax refund Shahbaz Rana As revenues fall behind targets, the tax authorities have sought the government's permission to waive penalties and withdraw cases registered against individuals who obtained illegal sales tax refund provided they return the money estimated at Rs42 billion. Weekly review: Foreign buying pushes KSE-100 up by 4% Bilal Umar The stock market received a shot in the arm in the form of heavy foreign buying which resulted in the benchmark KSE-100 index climbing 570 points (4.1%) during the week ended May 4. _______________________________________________ Sports 'Malik was never offered a contract' Faras Ghani Shoaib Malik was not offered a contract for any part of the current season, according to the Hampshire County Cricket Club. Pakistan win Asian Team Championship Nabeel Hasmi Pakistan squash players successfully defended their Asian Team Championship crown as they thrashed arch-rivals and top-seeds India 2-0 in the final of the 16th edition in Kuwait yesterday. _______________________________________________ Life & Style Sharmeen Obaid-Chinoy flies high with Ho Yaqeen Saadia Qamar Oscar winner Sharmeen-Obaid-Chinoy, known for taking on unique subjects with her documentaries, has been working on latest documentary series which captures her voyage to find and retell the stories of those lesser-known visionaries who are trying to bring a change in Pakistan. Art on wheels: One man's treasure Hani Taha Till a few years ago, trucks to most Pakistanis were a nuisance, and often, death on wheels. Over the last decade though, one began to view them as 'art on wheels'. _______________________________________________ |
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