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PM pledges financial support for capacity building of police
Staff Report ISLAMABAD: Prime Minister Shehbaz Sharif said that all possible financial support would be extended for professional training and capacity building of police to make it a model force. Shehbaz Sharif paid glowing tribute...
12-10-2024
Draft presented before JUI-F for first time: Fazal Govt, opposition sit down to discuss constitutional package Uncertainty has now come to an end: Nazir Tarar
Staff Report ISLAMABAD: After days of deadlock, mainstream political parties, including the opposition, on Friday sit together to discuss the contentious constitutional package. Major political parties, including the opposition...
12-10-2024
More taxes, tariff hike IMF unveils strict conditions for Pakistan’s loan
Monitoring Desk ISLAMABAD: The International Monetary Fund (IMF) has unveiled the strict conditions associated with its new $7 billion bailout package for Pakistan, detailing several measures aimed at increasing tax revenues and...
12-10-2024
FBR decides to increase immovable property valuation by up to 75% The prices being finalized for 42 major cities across the country
Monitoring Desk ISLAMABAD: The Federal Board of Revenue (FBR) has decided to increase property valuations by up to 75%. Property valuations have been determined for 42 major cities across the country, and the revised prices have...
12-10-2024
ECC allows additional export of 0.5 million MT of surplus sugar
app ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet here on Friday approved export of 500,000 metric tonnes of surplus sugar keeping in view of availability of sufficient surplus stocks. The surplus stock...
12-10-2024
CDA embarks on beautification drive for SCO Summit
APP ISLAMABAD: Islamabad is undergoing a citywide beautification drive ahead of the highly anticipated Shanghai Cooperation Organization (SCO) summit. Capital Development Authority (CDA) has launched a detailed initiative aimed...
12-10-2024
Dengue eradication campaign ICT’s mass fumigation hits hotspots
APP ISLAMABAD: The district administration has intensified its efforts to curb the spread of dengue, targeting schools and urban areas with strict inspections, fumigation, and public awareness campaigns. According to the spokesman...
12-10-2024
Saudi firm to buy stake in Reko Diq in coming weeks ‘No limits’ to Pak-Saudi economic cooperation, historic bond: Al Faleh Saudi delegation also holds talks with Army Chief
Staff Report ISLAMABAD: Saudi Minister for Investment Sheikh Khalid Bin Abdul Aziz Al Faleh on Thursday confirmed that the kingdom’s Manara Minerals was set to buy a stake in Barrick Gold’s Reko Diq gold and copper mine in...
11-10-2024
JUI-F prepares its own constitutional amendment draft
Monitoring Desk ISLAMABAD: The Jamiat Ulema-e-Islam (JUI-F) has drafted a 23-point proposal for judicial reforms, suggesting the formation of a Supreme Court bench instead of a proposed Judicial Commission. The draft includes a...
11-10-2024
Pakistan at good place on economic front: Aurangzeb
Staff Report ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb here on Thursday expressed optimism about Pakistan’s prospects, stating the country was at a good place on economic front and open to...
11-10-2024
Aurangzeb says sales tax evasion accounts for half of tax leakage
Staff Report ISLAMABAD: Finance Minister Muhammad Aurangzeb on Thursday said that sales tax evasion by companies was responsible for 50 per cent of tax leakage the government had estimated at Rs7 trillion previously. Addressing...
11-10-2024
PIA privatisation stalled as bidders demand full ownership Govt remains firm not to offer 100% shares to investors amidst the current challenges
Staff Report ISLAMABAD: The privatisation of Pakistan International Airlines (PIA) has once again hit snags after the six bidding companies demanded 100% share ownership instead of the previously discussed 60%. Concerns have also...
11-10-2024