Difficulties in collecting Rs 560 billion in a week to achieve the revenue target. Photo: File Islamabad: The Supreme Court yesterday granted interim relief against the 20 percent income tax on real estate, which will partially reduce revenue collection. A special bench headed by Chief Justice Umar Atta Bandial ordered taxpayers to pay only 50…
The SBP will convene a meeting of the Monetary Policy Committee on April 4 ahead of schedule. Photo: File Karachi: Interest rates on IMF loans are likely to increase by 2 percent. The IMF is still not satisfied with Pakistan’s previous steps, the State Bank has decided to increase the interest rate by 2% as…
Pakistan Day reminds us as a nation to take stock of successes and failures, Dr. Arif Alvi—File Photo Islamabad: The President and Prime Minister of Pakistan issued a message to the nation on the occasion of Pakistan Day. President Dr. Arif Alvi said in his message to the nation on the occasion of Pakistan Day…
Maharashtra: The Central Goods and Services Tax (CGST) Commissioner has arrested the Indian manager of Chinese smartphone company Oppo at the district police station in Maharashtra for a fraud of Rs 19 crore on fake invoices. According to Indian media, the CGST commissioner of Bhiwandi said that Mahendra Kumar Rawat, manager of finance and accounts…
Islamabad: Chairman PTI Imran Khan has said that the Election Commission of Pakistan has violated the constitution by postponing the Punjab elections till October. On social media website Twitter, he said that today everyone should stand with the judiciary and lawyers with the hope that they will protect the constitution because if today (the decision…
Lahore: Today, Pakistan Day will be celebrated across the country with national enthusiasm. The day will begin with a salute of 31 guns in the federal capital and 21 in the provincial capitals. A 21-gun salute will be fired at Mahfouz Shaheed Garrison in Lahore, while a solemn ceremony of changing of the guards will…
Chennai: Australia beat India by 21 runs in the third match of the three-match ODI series to win the series 1-2. In the third match played in Chennai, Australia batted first and scored 269 runs in 49 overs. In reply, the Indian innings was restricted to 248 runs thanks to the hard work of the…
Mumbai: Rani Mukherjee’s ‘Mrs. Chatterjee vs. Norway’ has surpassed ‘Pathan’. Bollywood Superstar Shah Rukh Khan’s movie ‘Pathan’ is being talked about a lot. With this film, King Khan has once again proved that the king of the Hindi film kingdom is none other than him. She has fans all over the world, but Hindi movie…
Bangkok: 20 people have been arrested for the crime of embezzling 3 billion baht (24 billion Pakistani rupees) from elderly Americans in the United States, out of which 5 are Indians and 15 are local citizens of Thailand. Bangkok Post Thai police said 20 people, including five Indian nationals and 15 Thai nationals, have been…
Islamabad: The Election Commission has postponed the Punjab Assembly elections scheduled for April 30. According to the notification of the Election Commission, the date of October 8 has been fixed for the Punjab Assembly elections. In addition, the notification said that the law and order situation is not favorable for the Punjab Assembly elections. According…
