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T-bill yields jump beyond policy rate

KARACHI: The government on Wednesday raised the cut-off yields on treasury bills by up to 75 basis points, significantly surpassing returns on risk-free papers above the State Bank of Pakistan’s…

FBR unearths Rs9.41bn wealth fraud

ISLAMABAD: The Federal Board of Revenue (FBR) has uncovered a fraud in which taxpayers illegally amended previous wealth statements to declare unexplained assets worth Rs9.41 billion.

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