The budget was rejected by the Pakistan Anjuman-e-Tajran and the chambers of commerce of several important cities, including Sialkot, Rawalpindi, Karachi, and Faisalabad, on the grounds that it was anti-trader. The president of All Pakistan Anjuman-e-Tajran, Ajmal Baloch, claimed that the government had implemented a harsh 18% sales tax on mobile phones in addition to…
During the National Assembly (NA) budget session, Finance Minister Muhammad Aurangzeb presented the suggested amendments, highlighting the necessity of personal tax reforms. Aurangzeb declared during the address that the new tax target was set at Rs 12.97 trillion, a 38 percent increase on an annual basis. In addition to changing the tax slabs, he advised…
The party led by Bilawal Bhutto has accepted an invitation from the government to participate in another round of negotiations, according to sources who spoke with ARY News. Sources claim that the two parties have decided to carry on with the dialogue process, and tomorrow the PPP delegation will meet with officials from the government.…
In the Chor Bandar neighborhood near the Makran shore, ANF agents carried out an Intelligence-Based Operation (IBO) against drug dealers. They also found and confiscated a shipment of cocaine that were intended for smuggling overseas. The operation was conducted with consideration for the actions of a drug trafficking organization. Raids are being carried out with…
Muhammad Aurangzeb, the federal minister of finance and revenue, said this during his budget statement to the National Assembly on Wednesday. Under the Benazir Kafaalat scheme, the number of recipients getting quarterly stipends was increased from 9.3 million to 10 million. The stipend amount would also be enhanced in consideration of the current rate of…
Four ladies suffered significant injuries as a result of the two tribes fighting inside the Patni police station’s jurisdiction. The women were beaten with sticks and stones during the altercation. A toddler was reportedly abducted amid the pandemonium, in addition to the fatality and injuries, according to the police. Read more: Five Injured, Three Killed in…
Reconnaissance licenses for solar salt have been awarded to the government-owned Balochistan Mineral Resources Limited (BMRL), according to the Pakistan Economic Survey 2023–24, which was released earlier in the day. The report also mentioned talks on territories awarded to BMEC and BMRL with foreign investors. It further stated that large-scale mining has received priority in…
Rehan, a trader, claimed that four armed thieves on two motorbikes kidnapped and looted the truck driver who was traveling from Hyderabad to Karachi for Eidul Adha with sacrificial animals. It is estimated that the stolen sacrificial goats are worth Rs1.5 million. Read more: Pakistan Eidul Azha 2024 Set for June 17 Before fleeing, the bandits…
Details indicate that 40 high-capacity locally built wagons, made possible by Chinese technology, have been added to the PR fleet. Aamir Baloch, the CEO of Pakistan Railways, officially launched the wagon introduction. The worldwide requirements were followed in the construction of the high-capacity wagons, which can move 70 tons of cargo at 100 km/h. By…
With an expected expenditure of more over Rs18 trillion, the federal government led by the Pakistan Muslim League-Nawaz (PML-N) will unveil its first growth-oriented budget for the fiscal year 2024–25. Proposals suggest that Pakistan intended to collect taxes from the real estate industry in three different levels. Three percent of the purchase price of a…