Later, he will lay a copy of the Finance Bill, 2025, containing the Annual Budget Statement before the Senate. Budget 2025-26 summarizes certain relief measures for salaried individuals, including a 10% salary increase for government employees and a 5% to 7.5% increase in pensions for retired civil servants. Employees in Grades 1 to 16 are […]
As part of the new improvements, the Federal Board of Revenue (FBR) is suggesting a tenfold increase in fines, through Point of Sale (POS) systems, for tax fraud, increasing penalties to PKR 5 million from PKR 500,000. Hidden businesses that maintain secret transactions besides the POS system will also experience severe legal actions. In the […]
For the unversed, social media celebrity Sana Yousaf, who had celebrated her 17th birthday recently, was gunned down by 22-year-old Umar Hayat alias Kaka, outside her residence in Islamabad, for repeatedly turning down his friendship offer. She sustained two bullets and succumbed to her injuries on the spot on Monday. Taking to her Instagram stories, […]
It was decided during a meeting between Chairman PCB Mohsin Naqvi and Chief Minister Sindh Murad Ali Shah at the former’s office in Islamabad. Promotion of cricket, holding of international matches and restoration of different stadia in Sindh came under discussion during the meeting. A PCB team will visit Niaz stadium, Hyderabad next week and […]
According to a notification issued by the provincial Home Department, this reprieve does not apply to those convicted of terrorism, murder, kidnapping, or other serious crimes. The sentence reduction is only applicable to prisoners convicted of minor offenses. This news comes as Pakistan prepares to celebrate Eid al-Adha tomorrow (June 7). Earlier, the Punjab government […]
In an interview, Bilawal Bhutto Zardari said Pakistan is willing to discuss terrorism, but emphasized that Kashmir must be central to any dialogue. He warned that India is setting a dangerous precedent in South Asia by justifying war in response to terrorist incidents. Bilawal Bhutto Zardari said the fate of the 1.7 billion people and […]
The prime minister, who arrived here in the holy city of Makkah on Thursday, also offered Nawafil at the Holy Ka’aba. He prayed for the progress and betterment of Pakistan, its people, as well as the Muslim Ummah and people of Gaza. During the meeting, the two sides will discuss strengthening bilateral cooperation in key […]
The Seattle-based retailer said that fewer than 100 workers were impacted and the move was meant to improve efficiency and streamline operations. “As part of our ongoing work to make our teams and programs operate more efficiently, and to better align with our business roadmap, we’ve made the difficult decision to eliminate a small number […]
Pakistan’s reserves held by the SBP decreased by US$ 7 million to reach US$ 11.51 billion during the same period, the central bank said in a statement. Pakistan’s net foreign reserves held by commercial banks stood at US$5.09 billion. “During the week ended on 09-May-2025, SBP reserves increased by US$ 71 million to US$ 10,403.1 […]
According to the airline’s official report, the Airbus A320 fleet was the most affected, accounting for 85 percent of the total incidents in the last year. Among the airports, Lahore witnessed the highest number of bird strikes with 28 cases, followed by Islamabad with 18 and Karachi with 17. Multan reported 14 incidents, while Faisalabad […]