Tue, 21-Oct-2025

All foreign nationals to be registered: Sheikh Rashid

Sheikh Rasheed Zahir Jaffer Noor Mukadam Case

Interior Minister Sheikh Rashid Ahmad said on Thursday that the government has decided to register all foreign nationals coming to Pakistan. Talking to media in Islamabad, he said there are no records of thousands of foreign nationals who entered the country during the last 70 years. “A strategy is also being prepared for stranded Pakistanis … Read more

Pakistan can earn $5 billion through exports of precious stones

Pakistan can earn $5 billion through exports of precious stones

ISLAMABAD: Pakistan has the potential of earning $5 billion annually through the exports of precious stones, which will have a positive impact on the national economy and create millions of jobs. This was informed during a meeting of the Gems, Jewellery and Minerals Task Force, which was chaired by Prime Minister Imran Khan. Currently, Pakistan … Read more

Committee formed to finalise maiden Punjab Skill Policy 2021/26

Committee formed to finalise maiden Punjab Skill Policy

LAHORE: The government was introducing the first skill policy, and a committee has been constituted, headed by secretary industries and commerce department to finalise it in consultation with the stakeholders within a week, a provincial government official said on Tuesday. Chairing a meeting to review the proposed Punjab Skill Policy 2021/26 at the Technical Education … Read more

Pakistan-China relationship leads to regional, global stability: Ambassador Haque

Pakistan-China relationship leads to regional, global stability: Ambassador Haque

KARACHI: The friendly relations between Pakistan and China led to stability in the region and beyond and both the countries are keen to further promote ties for the development of the entire region, a diplomat said on Tuesday. “Regional peace is important for the development of our people, so that’s why we promote friendly neighbourly … Read more

Meezan Bank’s Shariah Board approves issuance of Ijara Sukuk

Meezan Bank’s Shariah Board approves issuance of Ijara Sukuk

KARACHI: The Shariah Board of the Meezan Bank has approved the structure for the issuance of the new government of Pakistan Ijara Sukuk, a statement said on Monday. The 51st Shariah Board meeting of the Meezan Bank held at Dar-ul-Uloom, Korangi, Karachi, was chaired by former Justice Mufti Muhammad Taqi Usmani, chairman of the Shariah … Read more

Pakistan keen to boost trade relations with Asean nations: foreign secretary

Pakistan keen to boost trade relations with Asean nations: foreign secretary

ISLAMABAD: Pakistan accorded high priority to its relations with the South East Asian nations and recognised the Association of Southeast Asian Nations (Asean) vast economic potential and its centrality in the regional architecture, a government official said on Friday. Addressing the Experts Dialogue on “Pakistan-Asean: Shared Future and the Way Forward”, co-organised by the Embassy … Read more

Prime Minister Imran Praises FBR for Achieving Historic Level of Tax Collection

Prime Minister Imran Praises FBR for Achieving Historic Level of Tax Collection

Prime Minister Imran Khan highly praised the Federal Board of Revenue (FBR) after they achieved a “historic level of tax revenue of Rs4,732 billion in the fiscal year 2020-21.” On Twitter, Prime Minister Imran said that the FBR tax collection in the previous fiscal year was more than the revised target of Rs4,691 billion and … Read more

LHC Ordered Energy Ministry To Take Necessary Measures on Gas Crisis

LHC Ordered Energy Ministry To Take Necessary Measures on Gas Crisis

The Lahore High Court (LHC) was alerted to the country’s gas shortages in a plea seeking a court order. LHC bench comprised of Chief Justice Qasim Khan heard the petition. The Ministry of Energy was directed by the court to take necessary measures on the petition as per law after hearing the reservations of the … Read more

Turkey revises quarantine policy for Pakistani travellers

Turkey revises quarantine policy for Pakistani travellers

ISLAMABAD: The Turkish authorities on Tuesday issued revised policy regarding the mandatory quarantine requirement for the passengers arriving in Turkey. As per the new policy, which will come into effect on July 1, 2021, the quarantine period for the passengers arriving from Pakistan and Afghanistan has been reduced from 14 to 10 days. Meanwhile, the … Read more

Opposition Gives Walkover To Govt For Rs3 Trillion Grant Approval

Opposition Gives Walkover To Govt For Rs3 Trillion Grant Approval

For the second year in a row, the opposition provided a walkover to the government, despite loud claims to block the approval of the budget in parliament, which approved 49 demands for a grant of over Rs3 trillion. According to the report, the lack of seriousness of the members of the opposition can be gauged … Read more

Rupee continues losing streak against dollar

rupee

KARACHI: The rupee continued its downward movement for the fifth consecutive day, as it lost 34 paisas against the dollar on Wednesday, dealers said. The local currency declined due to the persistent rise in the demand for the foreign currency for import and corporate payments, they said. [amazonad] The exchange rates ended at Rs158.53 against … Read more

EDM festival Tomorrowland 2021 cancelled by Belgian officials due to COVID-19

tommorow land

Tomorrowland 2021, one of the biggest electronic and dance music festivals in the world, is cancelled by Belgium authorities. According to Variety, the event scheduled for August 27-29 and September 3-5, had been facing disapproval, due to distress about the increasing cases of the COVID-19 Delta variant. While two weeks ago the Belgian national government … Read more

Khyber Pakhtunkhwa Announced Its Budget Plan For The Fiscal Year 2021-22

The Khyber Pakhtunkhwa Announced Its Budget Plan For The Fiscal Year 2021-22

Khyber Pakhtunkhwa (KPK) government presented a budget of Rs1,118.3 billion for the Fiscal Year 2021-22. The government announced that the budget will be allocated as Rs371 billion for the Annual Development Plan (ADP) and Rs747.3 billion for the current expenditure. Chief Minister Khyber Pakhtunkhwa Mahmood Khan said that the current budget was amid the development … Read more

Hinopak Motors posts Rs288.29 million loss

Hinopak Motors

KARACHI: Hinopak Motors Limited (HINO) reported a net loss of Rs288.294 million for the year ended March 31, 2021, compared with the loss of Rs2.05 billion in the previous year, a bourse filing said on Thursday. [amazonad]   The loss per share (LPS) for the period under review stood at Rs13.37 against Rs110.33 in the … Read more

Pervez Khattak Says the Opposition and Government Reached an Agreement

Pervez Khattak Says the Oppostion and Government Reached an Agreement

Pervez Khattak, Defense Minister of Pakistan, announced that the government and Opposition have reached an agreement to run the National Assembly (NA) in an orderly manner. The announcement was made after the days of the fight and general disorder in the Parliament House as Treasury and Opposition benches created a ruckus over the federal budget … Read more

Bahria Town Funds Not To Be Included In the Next Year’s Budget Plan

Bahria Town Funds Not To Be Included In the Next Year's Budget Plan

Bahria Town has been excluded from this year’s budget. The amount that the real estate giant was supposed to deposit was Rs460 billion. The Supreme Court, on 21st March 2019, had accepted the land developer’s offer to pay Rs460 billion in order to purchase the land in Malir, Karachi and ordered it to deposit the … Read more

India asks Chinese Government to allow Indian Citizens to travel to China

India asked the Chinese Government to allow Indian citizens to travel to China especially those who work or study there.

The Ministry of External Affairs M(EA) also said that it was in touch with the Chinese government in order to look for an early resumption of travel by Indian citizens to China.

Arindam Bagchi, the MEA Spokesperson, said during a media briefing: “While we recognize the need to ensure safety and strictly follow COVID- related protocols, essential two-way travel should be facilitated, especially keeping in view the fact that Chinese nationals are able to travel to India,”

Keeping in view that Chinese nationals are able to travel to India regardless of the absence of direct connectivity, he said,” however, for Indian nationals, travel to China has not been possible since last November as the Chinese side had suspended existing visas”.

”We have been in touch with the Chinese side in order to seek an early resumption of travel by Indian citizens to China, especially for those who work or study there,” the spokesperson said.

Bagchi said: “It is understood that several Indian nationals have applied for Chinese visas after getting vaccinated in that manner but are yet to be issued visas. Since these Indian nationals have apparently met the requirements laid down by the Chinese side, we hope that the Chinese embassy would be able to issue them visas soon,”

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No income tax on pensions; PM Imran Khan rejects proposal

Prime Minister Imran Khan

KARACHI: Prime Minister Imran Khan has outrightly rejected the proposal of the Federal Board of Revenue (FBR) to impose income tax on pensions, sources said on Thursday. Initially, the FBR had proposed a flat 7.5 percent income tax rate on all pensions. But rejected by Prime Minister Imran Khan However, on resentment from various quarters, … Read more

Government borrowed 16% more from commercial banks in 11 months

State Bank

KARACHI: The government borrowed 16 per cent more from the commercial banks during the first 11 months (July-May) 2020/21, official statistics revealed. The government borrowing from commercial banks increased to Rs2.435 trillion during July-May 2020/21, compared with Rs2.1 trillion in the same period of the last fiscal year, the data released by the State Bank … Read more

Govt Approves Proposal To Cut Tariffs On 600 Raw Materials

Govt Approves Proposal To Cut Tariffs On 600 Raw Materials

The government has approved huge cuts, including rebates on raw materials, under 600 tariff lines to boost exports from conventional and non-traditional sectors. According to the report, this decision will be announced in the budget of 20-2021. Apart from this, there are several other tariff lines that will be considered for a reduction in duty. … Read more

FPCCI suggests key steps to achieve 6% growth in next two years

third-party tax audit

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has suggested the government to reduce tax rates on the existing taxpayers and broaden the base to achieve 6 per cent GDP growth in the next two years, a statement said on Saturday. Addressing a meeting to discuss the upcoming budget 2021/22, Mian Anjum … Read more

MQM-Pakistan to show full support for PTI’s upcoming budget

MQM-Pakistan being a full-time supporter of the PTI government has shared their recommendations concerning the upcoming budget and guaranteed Prime Minister Imran Khan of their full support for the new budget. The assurance was made in a meeting in Islamabad by an MQM-P delegation with PM Imran Khan. The PM and the MQM delegation discussed … Read more

Pakistan launches locally-developed Covid-19 vaccine ‘PakVac

Pakistan has launched its completely locally-developed vaccine ‘PakVac’, just a day after the government decided to run a massive COVID vaccination drive across the country in order to achieve the target of providing 70 million vaccines to the people. PakVac vaccine has been mass-produced by the Ministry of Health with the help of China’s Cansino … Read more

Govt to Introduce Measures for Increase Exports

Pakistan Exports

The budget 2021-2022 will bring good news for the import and export sector, the government is drafting major tax-related facilitative measures for exporters in the budget (2021-22) under a combined strategy to guarantee a substantial increase in exports of Pakistan. Top government officers told a local website that the government is issuing a brand new … Read more

PM Imran Khan Named ‘Personality of the Week’ for tackling Islamophobia

Imran Khan

PM Imran Khan named ‘personality of the week’ by Al Jazeera’s weekly program for his efforts to address Islamophobia in the world. The Al Jazeera Program named ‘Sibaq-ul-Akhbar’ is a one-hour live interactive program aired in Arabic. The program has a huge popularity in Arab countries. About the concept, the channel selects three to four … Read more

Punjab government orders all businesses to close by 6pm till May 17

The Punjab government ordered all businesses to close by 6 pm till May 17 due to the rise in coronavirus cases across the province. According to notification from Punjab health department only Vaccine centres, petrol pumps, pharmacies, poultry, and vegetable shops will be exempted from the restriction. In the province, there will be a complete … Read more