President of the All Pakistan Anjuman-e-Tajiran, Ajmal Baloch, presented his recommendations regarding the upcoming federal budget 2025-26. He demanded the removal of the amended tax ordinance and digital invoicing system from the budget, claiming these measures would make it difficult to conduct business. Baloch argued that the amended ordinance would prevent traders from maintaining funds […]
As per details, the government is expected to increase the overall tax target to Rs 2 trillion, and in this context, new taxes worth Rs 600 to 700 billion are likely to be imposed, while the Federal Board of Revenue (FBR) aims to collect Rs 1,200 billion through its tax initiatives. Despite the additional tax […]
The budget 2025-26 will be presented today in the National Assembly by Finance Minister Muhammad Aurangzeb. According to details, the current account deficit for the next fiscal year is projected at 2.1 billion dollars, which equals -0.5% of GDP. The revised National Development Plan allocates over Rs4,223 billion for various development initiatives across the country. […]
Secretary Ministry of Religious Affairs Dr Syed Ata Ur Rehman said that the first flight would depart from King Abdulaziz International Airport in Jeddah at 8:50 PM (local time) and was scheduled to arrive at Islamabad International Airport at 3:50 AM on June 11, Wednesday. The second flight SV-3722 will reach Islamabad at 9:10 am. […]
He was talking to UK’s Parliamentary Under-Secretary of State for the Middle East, Afghanistan, and Pakistan Hamish Falconer in London, while leading high-level parliamentary delegation of Pakistan. The discussions focused on addressing escalating regional tensions following recent Indian military provocations. Bilawal Bhutto Zardari commended the UK’s efforts and statements by its leadership on the importance […]
The deceased were identified as Sajid and Razia, who had been married for just three months. According to police, the couple lay down in front of the Badar Express train. Rescue teams arrived swiftly after receiving the alert, and the bodies were transferred to Allied Hospital Faisalabad. The couple was the resident of Adeel Town […]
Sana Mir was one of seven celebrated cricketers inducted by the International Cricket Council (ICC) today, alongside MS Dhoni (India), Matthew Hayden (Australia), Daniel Vettori (New Zealand), Sarah Taylor (England), Hashim Amla, and Graeme Smith (South Africa). Sana Mir’s career is defined by a string of groundbreaking achievements. She was the first Pakistani woman to […]
Playing for the Birmingham Bears, Hasan Ali bowled a blazing spell, giving just 23 runs in 3.1 overs, ensuring an emphatic 58-run victory for his team. Hasan Ali’s hat-trick took a dramatic turn, eliminating Ross Whiteley (caught at long-off), Alex Thomson (caught at mid-on), and Ben Aitchison (bowled) in back-to-back deliveries. He also eradicated David […]
According to sources, it is expected that Rs. 2,550 billion will be allocated for defencse in the upcoming fiscal year. The estimated increase in the defense budget could reach up to 20%, with proportional allocations planned for the three armed forces as well as inter-services departments, sources said. In the current fiscal year, Rs2,122 billion […]
According to the budget 2025-26 proposals, the salaries and pensions of the government employees are likely to be raised. However, prospects for significant tax relief for salaried individuals appear dim, as the International Monetary Fund (IMF) has reportedly objected to maintaining the current annual tax-free income threshold of Rs1.2 million. As a result, the government […]
