Tag: april 2022

  • Fazlur Rehman claims Imran was ousted on Gen Bajwa’s directives

    Fazlur Rehman claims Imran was ousted on Gen Bajwa’s directives

    Jamiat Ulema-e-Islam (JUI-F) chief Maulana Fazlur Rehman said on Thursday that the no confidence motion against Imran Khan’s government was tabled in the National Assembly on the directive of former army chief General (retired) Qamar Javed Bajwa.

    In an interview on SAMMA, Maulana Fazlur Rehman said that “I was personally against the no-confidence move […] but if I had said no despite the insistence of other parties, then an impression would’ve been given that I ‘saved’ the Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan.”

    Fazl, during the interview, said: “While the Pakistan Peoples Party (PPP) was running the movement for a no-confidence motion, Lt Gen (retd) Faiz Hamid told me that I could do whatever I wanted, but within the system.”

    The Pakistan Democratic Movement (PDM) removed Imran Khan from government in April 2022 and then a multi-party alliance ruled the country for 16 months before handing over the power to the caretaker set-up.

  • FBR records 29.1% growth during July 2021 to March 2022, despite providing ‘massive tax relief’

    The provisional revenue collection data for the months of July 2021 to March 2022 of the current financial year 2021-22 have been announced by the Federal Board of Revenue (FBR).

    The net collection was Rs575 billion for the month of March 2022, up 20.5 per cent from Rs477 billion in March 2021.

    Conversely, the gross revenues, rose by 28.9 per cent in the current financial year, from Rs3,577 billion in July 2020 to March 2021 to Rs4,611 billion in July 2021 to March 2022. Furthermore, the amount of reimbursements granted in March 2022 was Rs31.9 billion, compared to Rs26.3 billion in March 2021, showing a 21.3 per cent upsurge.

    Then again, refunds of Rs229 billion were paid from July 2021 to March 2022, a 25 per cent increase over the Rs183 billion paid the previous year.

    Read more: Petrol, Diesel prices to remain unchanged till April 15

    It is worth noting that the continuous remarkable growth in revenue collection has been achieved despite the government providing ‘massive tax relief’ to the general public on a variety of vital commodities.

    For the first time in Pakistan’s history, the sales tax on all petroleum products was abolished, costing the FBR Rs45 billion in the past month.