IT is good optics, and the new tax measures imposed on the incomes of corporates and rich individuals will bring some consolation to the common man. In fact, the PML-N-led government has no choice but to drastically raise its tax income to finance its expenditure in the next financial year and …
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• 10pc ‘super tax’ on 13 large industries to generate Rs465bn • High net worth individuals subject to ‘poverty alleviation tax’ • Rs50 per litre levy on petroleum products • Tax exemption limit revised from Rs1.2m to Rs600,000 ISLAMABAD: The coalition government announced new tax measures on Friday, including a 10 …
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KARACHI: Just two days before the first phase of local government elections in four divisions of Sindh, the key contesting parties on Thursday came up with serious concerns, accusing the ruling Pakistan Peoples Party of pre-poll rigging, and also demanded deployment of army fearing violence on the polling day (June …
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IT may be a given that the country’s security establishment would take the lead in talks with the banned TTP, but it was important that this hugely consequential issue be part of a more inclusive process. And that is the direction in which matters at last seem to be moving. …
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ISLAMABAD: The Ministry of Economic Affairs said on Thursday that 43 per cent of about $35 billion worth of foreign-funded projects were problematic — either not progressing well or unable to deliver the desired outcomes. At a review meeting of the National Coordination Committee on foreign-funded projects, the ministry reported …
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The rupee finally snapped its losing streak against the dollar on Wednesday, gaining Rs1.80 in early morning interbank market a day after the government secured the much-anticipated deal with the International Monetary Fund (IMF). According to the Forex Association of Pakistan (FAP), the rupee appreciated to Rs210 against the dollar …
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LARKANA: Since the Imran Khan-led government got four years to rule the country, Shehbaz Sharif should get at least one year to “serve the nation”, Foreign Minister Bilawal Bhutto-Zardari said on Tuesday while addressing a gathering at Larkana’s Municipal Stadium to mark the 69th birth anniversary of Benazir Bhutto. “Give …
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ISLAMABAD: In a major step towards conduct of the first-ever digital census in the country, the Pakistan Bureau of Statistics (PBS) and National Database and Registration Authority (Nadra) on Monday signed a contract that will enable the former to ensure population data collection and compilation with precision and accuracy within …
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• NDMA issues alert for torrential rains causing landslides, urban flooding • FWO clearing Jaglot-Skardu road • Tourists advised against travelling at night, during rain • Over 100kmph winds recorded in Lahore ISLAMABAD / GILGIT / PESHAWAR: As rain-triggered landslides have blocked a major road at multiple locations in the …
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• Says revival of EFF programmed likely in ‘a day or two’ • Vows to protect those with up to Rs1.2m annual earnings from income tax ISLAMABAD: Finance Minister Miftah Ismail on Monday sounded confident about reaching an agreement with the International Monetary Fund (IMF) in a day or so for …
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