ISLAMABAD: Pakistan’s tax authority unveiled a draft scheme on Tuesday that would let small shopkeepers pay a flat 1% levy on turnover in exchange for freedom from routine audits and digital invoicing requirements, the latest attempt by the government to widen a tax base that has long relied on a narrow slice of compliant filers.
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Army chief Munir visits Turkey for defence, security talks
ISLAMABAD: Field Marshal Syed Asim Munir, Pakistan’s top military officer, spent two days working through a tightly choreographed itinerary in the Turkish capital this week — an airport reception, a closed-door meeting with President Recep Tayyip Erdogan, a medal ceremony, and a solemn stop at the tomb of modern Turkey’s founder — in a visit both governments cast as evidence of how close the two countries’ militaries have become.
Pakistan condemns Houthi missile strikes on Saudi Arabia, reaffirms support for Kingdom security
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday condemned a barrage of ballistic missiles that Yemen’s Houthi movement fired at Saudi Arabia, invoking a year-old mutual defense pact between the two countries and warning that the attack threatened to further destabilize an already volatile Middle East.
Rangers personnel killed in Rawalakot clash as unrest deepens in Azad Kashmir
RAWALAKOT: A paramilitary Ranger was shot and killed early on Tuesday and a second was wounded in a burst of gunfire that police blame on armed supporters of a banned protest movement — the latest and, by several accounts, far from the only fatality in a night of clashes that has left the territory bracing for its most contentious election in years.
Mastermind of deadly Rangers Karachi camp assault arrested, officials say
KARACHI: The man accused of orchestrating a deadly assault on a paramilitary Rangers facility in Karachi last month was arrested in the days after the attack, senior police officials said on Tuesday, laying out what they described as a plot conceived, financed and directed from across the border in Afghanistan.
Six more militants killed in Balochistan, pushing month’s death toll past 120
QUETTA: Security forces killed six more militants in Balochistan province on Tuesday, officials said, raising to 85 the number of terrorists killed since the launch of a major counterterrorism sweep earlier this month.
Pakistan stocks post steepest drop in months as Hormuz blockade returns
KARACHI: Pakistani stocks suffered their sharpest one-day selloff in months on Tuesday, as investors dumped equities across the board after US President Donald Trump reinstated a US naval blockade of Iran and floated a 20% toll on cargo passing through the Strait of Hormuz, one of the world’s most critical energy corridors.
US strikes Iran for third straight night as Trump moves to charge toll on Hormuz
ISLAMABAD: The United States carried out a five-hour bombing campaign against Iran early on Tuesday, the third consecutive night of American strikes, as President Trump moved to seize control of the Strait of Hormuz and declared that ships passing through it would owe Washington a fee.
Pakistan mulls move to daily fuel pricing as Hormuz crisis roils oil markets
ISLAMABAD: Pakistan is considering moving to daily or twice-weekly reviews of petrol and diesel prices, as the government scrambles to insulate consumers from a renewed spike in global oil prices triggered by the closure of the Strait of Hormuz.
Flash floods rip through northern Pakistan, sweeping away homes and highway
By Staff Reporter DIAMER DISTRICT: Flash floods tore through six locations in a rugged district of northern Pakistan early on Monday, destroying homes, wiping out