A campaign, called “Save the Salaried Class”, has sent a letter to Finance Minister Ishaq Dar, urging him to reconsider the tax measures and provide relief to the salaried class by restoring deductible allowances and tax credits.
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Former PM Khan to face trial for concealing income from foreign gifts
By Staff Reporter
ISLAMABAD: A court in Islamabad on Saturday ordered former Prime Minister Imran Khan to face trial for allegedly concealing income from gifts he received from foreign governments during his tenure, a lawyer for the complainant said.
Pakistan seeks Swiss help to develop early warning system for natural disasters
By Staff Reporter
ISLAMABAD: Pakistan is seeking assistance from Switzerland to develop an early warning system that could help the South Asian nation cope with natural disasters, as fresh monsoon rains claimed more than 50 lives in the past two weeks.
PTI’s Khan backs IMF’s $3 billion bailout for Pakistan
By Staff Reporter
ISLAMABAD: A team from the International Monetary Fund (IMF) met with Pakistan Tehreek-e-Insaf leader Imran Khan at his Lahore residence on Friday, seeking his backing for a $3 billion loan program that aims to stabilize the economy ahead of national elections.
Pakistan’s banks face rising defaults, lower profits amid economic slump
By Staff Reporter
ISLAMABAD: Pakistan’s central bank warned on Friday that the country’s banking sector faces a number of challenges as the economy slows down and borrowers struggle to repay their debts.
Pakistanis protest against Holy Quran burning in Sweden, call for boycott and envoy’s expulsion
By Staff Reporter
ISLAMABAD: Pakistanis staged nationwide protests on Friday against the burning of the Quran in Sweden, demanding the expulsion of the Swedish envoy and a boycott of Swedish goods, as the government declared a day of reverence for the Muslim holy book.
Pakistan’s Supreme Court welcomes second female judge
By Staff Reporter
ISLAMABAD: Pakistan’s Supreme Court welcomed its second female judge on Friday as Justice Mussarat Hilali, a former chief justice of the Peshawar High Court and a human rights activist, took the oath of office.
World Bank gives $46 million to boost health and services in Pakistan
By Staff Reporter
ISLAMABAD: The World Bank approved a $46 million loan to Pakistan to improve health and administrative services in the Khyber Pakhtunkhwa province, where the government is trying to integrate the former tribal areas into the mainstream.
IMF seeks Pakistan political parties’ backing for $3 billion bailout
By Staff Reporter
ISLAMABAD: The International Monetary Fund (IMF) is reaching out to Pakistan’s main political parties, including the one led by ousted Prime Minister Imran Khan, to secure their support for a new $3 billion bailout program ahead of national elections.
India snubbed as International court rules it can arbitrate Pakistan’s hydropower dispute
By Staff Reporter
ISLAMABAD: An international court ruled on Thursday that it could hear a dispute between India and Pakistan over two hydropower projects in the Himalayan region of Kashmir, rejecting India’s objections to its competence.