The Pakistani government has borrowed approximately Pakistani currency (PKR) 3.2 trillion from scheduled banks from May 15 to June 28 of the fiscal year 2023-24, this works out to an average of 71.8 billion PKR per day
The Pakistan government gave a green signal to the country's spy agency Inter-Services Intelligence (ISI) to tap calls and messages in the apprehension of an offence against national security, Geo News reported.
In an amendment to Finance Bill 2024, which was presented to the National Assembly on June 12, the government reduced the Petroleum Development Levy (PDL) on diesel and petrol from Pakistani Rupees (PKR) 80 to PKR 70 per litre but increased it from the existing PKR 60.
Nasir Aziz, the spokesperson for the United Kashmir People's National Party (UKPNP), said the ongoing protests in Pakistan-occupied Jammu Kashmir (PoJK), emphasised the community's commitment to a peaceful struggle against the Pakistan government's failure to address their issues.
The financial planning of Pakistan at a time when the country is grappling with a massive economic crisis, clearly shows that the federal government is "least bothered" with the plight of the people and just wants to take the easy route and enjoy the ride for however long it is in power.
Pakistan's spokesperson on Legal Affairs, Barrister Aqeel Malik, asked Iram Khan's Pakistan Tehreek-e-Insaf (PTI) to immediately stop its anti-state activities and malicious propaganda which is having a detrimental effect on the country's interests at global forums, reported ARY News.
While addressing a press conference, Aqeel Malik said that there was no precedent to PTI's country enmity as it was bringing about anti-Pakistan legislation in other nations.
Jammu and Kashmir National Conference chief Farooq Abdullah has pitched for resuming talks with Pakistan, saying the new government in Pakistan "is willing to have a peaceful atmosphere with us" and India should "open the door to them".
In a bid to promote tax compliance and tax culture, authorities in Pakistan have blocked the SIM cards of more than 11,000 people so far who failed to file tax returns.
After several days of intense protests and violence which led to the death of three people in Pakistan-occupied Jammu and Kashmir (PoJK), the protestors on Tuesday announced to call off the protests after the Pakistan government accepted their demands and announced a huge relief package, ARY
The understanding was reached after the Federal Board of Revenue (FBR) held crucial meetings with the Pakistan Telecommunication Authority (PTA) and telecom operators to implement Income Tax General Order No. 1, issued under Section 114 B of the Income Tax Ordinance 2001.
The Federal Board of Revenue (FBR) devised a plan against non-filers which is likely to be implemented from May 15. The government would impose a 2.5 per cent additional tax on non-filers as well as withholding SIM cards of those who refuse to comply.