Miftah announces new revenue measures totaling more than Rs50 billion; new taxes for the tobacco and retail industries; and subsidies free from the GST ISLAMABAD In order to satisfy the International Monetary Fund (IMF) before it approves Pakistan’s bailout package later this month, the government lifted the ban on all …
Read More »Senators spar over anti-army campaign amid PTI walkout
In the Senate on Thursday, tensions rose as lawmakers from the Treasury benches accused the Pakistan Tehreek-i-Insaf (PTI) of initiating a campaign against the Pakistan Army. The opposition, on the other hand, alleged that the government was trying to distance the PTI from the military. PTI leader Shahbaz Gill, detained …
Read More »Govt commits more taxes as IMF board meets on 29th
The monthly PDL hikes of Rs. 5 and Rs. 10 for gasoline and diesel; no currency rate intervention; a 10-week import reserve cover; and the phaseout of the Ehsas Ration Program ISLAMABAD: The government has committed to the International Monetary Fund (IMF) to increase the petroleum development levy (PDL) on …
Read More »Capital police prevail in tug of war over Shahbaz Gill’s custody
Police from Islamabad and Rawalpindi clash outside Adiala Jail. A court orders a two-day physical remand for the Islamabad police. In the Senate, Faisal Javed calls Gill’s remarks “a folly.” RAWALPINDI: PTI leader Dr. Shahbaz Gill was taken into custody by the capital’s police force on Wednesday night following a …
Read More »UK inks deal to return ‘criminals’ to Pakistan
LONDON: On Wednesday, the UK and Pakistan inked a significant agreement that permits the return of foreign criminals and immigration offenders to Pakistan. “I’m proud to have signed a new landmark agreement with our Pakistani friends to return foreign criminals and immigration offenders from the UK to Pakistan,” tweeted UK …
Read More »Social media campaign against Pak army ‘joint project’ of PTI and India, claims Khawaja Asif
On Wednesday, Defence Minister Khawaja Asif said that the Pakistan Army was the target of a “joint project” by the PTI and India, which was directed towards the fatal army helicopter crash that occurred during flood relief operations in Balochistan earlier this month. People from all walks of life, political …
Read More »Editorial: Miftah Ismail — PML-N’s fuel price fall guy
It is understandable why political and economic stability have been so difficult to come by given that one faction inside the PML-N has been consistently sabotaging the party’s own leadership. It was uncalled for for Maryam Nawaz to publicly distance herself from Finance Minister Miftah Ismail over the recent increase …
Read More »ECP rejects Imran Khan’s nomination for NA-108 by-poll in Faisalabad
The rejection of PTI Chairman Imran Khan’s nomination for the NA-108 (Faisalabad) by-election was attributed, according to the Election Commission of Pakistan (ECP) on Wednesday, to “insufficient details regarding his assets” rather than any problems with his signatures. The returning officer’s rejection of the nomination was verified by a statement …
Read More »Imran distances himself from Gill’s remarks, calls them ‘wrong’
PTI chairman and former prime minister Imran Khan has distanced himself from his chief of staff Shahbaz Gill’s controversial remarks aired on ARY News earlier this month, admitting that they were “wrong” and should not have been uttered. Gill was arrested last week at Banigala Chowk in the capital after a video clip of …
Read More »US, Pakistan discuss options for Gen Bajwa’s visit to DC
WASHINGTON: The United States and Pakistani officials are considering various options for Chief of Army Staff (COAS) Gen Qamar Bajwa to visit the United States in late August or early September, diplomatic sources told Dawn. “A date will soon be finalized,” a source said. Since the visit has not yet been …
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