According to a notification issued by In charge Manager A&P, all daily wage employees of Pakistan Steel Mills have been terminated from their jobs. The employees have been laid off after the end of their contract and they will not be re-hired by the PSM, the notification stated. In December 2023, the then-caretaker government removed […]
This includes ending GST exemptions on approximately 7,000 items, as well as eliminating exemptions and concessions on income tax and customs duty. The volume of tax exemptions will be reduced. The National Economic Survey for 2024-25, released on Tuesday, revealed significant insights regarding tax exemptions. The survey indicated that tax exemptions amounting to Rs 3,979 […]
Global demand is expected to “level off” at 106 million barrels per day (bpd) toward the end of this decade while overall supply capacity could reach 114 million bpd — resulting in a “staggering” surplus of eight million bpd that oil markets should prepare for, the IEA said. The forecast comes days after the OPEC+ […]
He was arrested by unidentified individuals accompanied by law enforcement personnel,” Siddique disclosed, noting a scuffle occurred during the incident. Following this, Siddique filed a petition in the Lahore High Court (LHC) seeking clarification on the first information report (FIR) under which Riaz was detained. The petition is pending before a bench for hearing. According […]
Joao Felix was also on target as Roberto Martinez’s side bounced back from a defeat by Croatia last week to build confidence for the tournament in Germany. Ronaldo 39 watched that match from the bench but started against Ireland in Aveiro and came close in the first half before dismantling the visitors in the second. […]
Saudi Arabia’s Public Security Department announced measures to ensure a smooth and secure Hajj 2024. Effective from midnight on the fifth of Dhu Al-Hijjah until the end of the 13th day, unauthorized vehicles will be prohibited from entering the holy sites. According to Public Security, individuals transporting pilgrims without valid Hajj 2024 permits will face […]
the International Monetary Fund (IMF) has conditioned the reduction of income tax slabs. The proposal includes an increase of 10 percent in tax on the monthly income of salaried class between Rs 3-5 lakh, enhancing the maximum tax limit from 35% to 45% and applying the maximum tax limit to annual income exceeding Rs 60 […]
The Pakistan Muslim League-Nawaz (PML-N) led federal government will present its first growth-oriented budget for the fiscal year 2024-25, with an estimated outlay of over Rs18 trillion. According to proposals, Pakistan has planned to get tax from the real estate sector in three slabs. Filter buying property worth Rs50 mln will have to pay 3 […]
The Babar Azam-led side has managed just one win from three matches beating Canada after losses to the United States and India. The national team now needs to beat Ireland and have other results go their way to advance. However, the weather in Lauderhill Florida could play spoilsport. The Sri Lanka vs Nepal match on […]
The DRAP in its circular said, that administering products containing particulate matter may block blood vessels, leading to local irritation, swelling, tissue inflammation, blood clots, lung tissue scarring, and life-threatening allergic reactions. The manufacturer has initiated a recall of all batches of the affected product from the market. All pharmacists and chemists working at distributions […]