National News

FBR eyes Rs775bn in fresh taxes next fiscal year

  • FBR eyes Rs775bn in fresh taxes next fiscal year ISLAMABAD: According to a detailed revenue plan drawn up by the tax bureaucracy, and shared with the International Monetary Fund in the last round of meetings, the government is aiming to introduce new tax measures equal to Rs775 billion in the forthcoming budget for the fiscal […]

  • Pakistan reaches agreement with IMF, to receive $6 billion over 3 years

    Pakistan reaches agreement with IMF, to receive $6 billion over 3 years The technical teams of the government and the International Monetary Fund (IMF) have reached an agreement on a bailout package for Pakistan, Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh announced on Sunday. “After months of discussions […]

  • Aleema Khanum did not benefit from tax amnesty on Dubai flat, SC told

    Aleema Khanum, Prime Minister Imran Khan’s sister, did not benefit from a tax amnesty scheme on a flat in Dubai — Inland Revenue Service (IRS) Commissioner of Lahore Dr Ishtiaq Ahmed Khan told the Supreme Court on Saturday. During a hearing of the suo-motu case regarding Pakistani citizens maintaining foreign accounts without disclosing the same […]

  • Armies can’t conquer Kashmiris’ passion for freedom, says information minister

    Information Minister Fawad Chaudhry on Friday advised the Indian government to accept that the Kashmir issue has no military solution. Chaudhry was addressing a seminar of the All Parties Parliamentary Kashmir Group in Islamabad. “[Indian Prime Minister] Narendra Modi just announced that [his government] will give a package of billions of rupees to [Indian Occupied] […]

  • Justice Athar Minallah sworn in as chief justice of Islamabad High Court

    Justice Athar Minallah was sworn in as the chief justice of the Islamabad High Court (IHC) on Wednesday, reported. The oath was administered by President Dr Arif Alvi at a ceremony at the Aiwan-i-Sadr in Islamabad, attended by federal ministers, parliamentarians and judges of the IHC. Justice Minallah will be the third chief justice of […]

  • PM Khan lays foundation stone for long-awaited Kartarpur corridor

    Prime Minister Imran Khan on Wednesday performed the groundbreaking of the long-awaited corridor connecting Gurdwara Darbar Sahib in Kartarpur area of Narowal district to Dera Baba Nanak in India’s Gurdaspur district today. A large number of Sikh yatris ─ both local and Indian ─ along with Indian Minister for Food Harsimrat Kaur Badal and Minister […]