Bahawalpur police look for suspect linked to ‘cocaine queen’ network – Pakistan
BAHAWALPUR: Following the revelations by cocaine trafficker Ms Anmol alias Pinki, who is in Karachi police’s custody, that one of her countrywide drug supply network’s member, Tahir Saleem, belonged to Hasilpur, Bahawalpur district, the district as well as regional police have swung into action to nab the suspect. The district and regional police officials in […]
A new fiscal compact – Newspaper
PAKISTAN’S forthcoming budget confronts a difficult reality. The formal economy is overtaxed, investment remains weak, exports struggle to compete regionally, and salaried individuals face rising tax burdens even as inflation erodes purchasing power. Yet meaningful tax relief appears fiscally difficult at a time when economic growth is slowing, debt servicing costs remain elevated and IMF […]
Beyond stabilisation – Newspaper – DAWN.COM
PRIME Minister Shehbaz Sharif is right to note that the US-Iran conflict has adversely affected Pakistan and other regional economies. It is no surprise that wars, energy disruptions and geopolitical uncertainty hurt fragile economies like Pakistan. However, his emphasis — often repeated by our economic managers — on ‘stabilisation’ raises a critical question. This is […]
Gwadar varsity VC, officials untraceable even after 48 hours – Pakistan
QUETTA: Despite the passage of more than 48 hours, no clue has been found regarding the vice chancellor, pro-vice chancellor, and two other employees of Gwadar University who went missing while travelling to Quetta from the port city of Gwadar on Friday. Vice Chancellor Prof Dr Abdul Razzaq Sabir (Sitara-i-Imtiaz), Pro-Vice Chancellor Prof Dr Syed […]
LHC quashes super tax on sale of inherited land – Pakistan
• Rules extra levy can’t be applied if primary capital gains tax is zero• Notes that administrative circulars can’t override law; cites FCC ruling limiting scope of super tax• Dismisses FBR claim that wealth overrides tax exemptions RAWALPINDI: The Lahore High Court has ruled that a super tax under Section 4C of the Income Tax […]
Khamenei casts resistance as national creed – Newspaper
• Araghchi says uranium issue off the table for now• Pezeshkian seeks ‘strategic cooperation’ with Iraq• 11 Pakistanis, 20 Iranians being repatriated from US-seized ships, says Dar• Riyadh floats idea of non-aggression pact between Gulf nations, reports FT IRAN’s Supreme Leader Ayatollah Mojtaba Khamenei on Friday hailed the country’s “courageous resistance” as having strengthened Tehran […]
Punjab relaxes market timing curbs till June 1 – Newspaper
• Decision comes in response to traders’ protests, appeals by shopping malls association and general public• Lahore Chamber of Commerce welcomes move, describes it as ‘important business-friendly’ step• Khyber Pakhtunkhwa governor, CM resolve to ease restrictions in their province as well LAHORE: Responding to traders’ protests and appeals by the shopping malls association and general […]