PESHAWAR: The Federal Board of Revenue (FBR) has clarified the import tax exemption in Gilgit-Baltistan. According to the FBR’s statement, a comprehensive system has been introduced to prevent the misuse of tax exemption, which will not affect the interests of the business community. Under the new system, the FBR has given Gilgit-Baltistan a special status, stating that the Sales Tax Act 1990 and the Income Tax Ordinance 2001 will not be applicable in the region. The FBR has also said that the Federal Excise Act 2005 will not be enforced in Gilgit-Baltistan, and a tax exemption will be granted on…
Author: Web Desk
Federal Minister Tarique Fazal Chaudhry has stated that if the Pakistan Tehreek-e-Insaf (PTI) is serious about negotiations, they should meet Speaker National Assembly at his office. In the Geo News program “Capital Talk,” Tarique Fazal Chaudhry and PTI leader Mina Khan Afridi participated. The federal minister said that they are ready to discuss with PTI’s representatives, including Mahmood Khan Achakzai, Asad Umar, and other senior ministers. Mina Khan Afridi, PTI leader, said in response that PTI’s founder has given a mandate to Mahmood Khan Achakzai and Allama Raja Nasir Abbas to negotiate with the government. She added that the government…
Pakistan’s Economy Shows Resilience Amidst Floods and Tough Financial Policies Pakistan’s economy has shown a remarkable increase in growth rate, despite being hit by devastating floods and strict financial policies. According to a statement by Federal Minister Ahsan Iqbal, the country’s economy has grown by 3.71 percent in the first quarter of the current fiscal year. This growth rate is higher than the previous year’s same period, which was 2.15 percent. The GDP growth rate has also shown a significant increase, with the first quarter’s GDP being higher than the same period last year. The minister attributed this growth to…
Pakistani citizens are optimistic about the upcoming year, with a significant majority expecting economic growth in 2026. According to a recent Gallup Pakistan survey, over 51% of Pakistanis are expecting better economic conditions in 2026, which is higher than the global average of 37%. The survey also revealed that the number of Pakistanis expecting economic improvement has increased, with 43% expecting better economic conditions in 2024 and 53% in 2025. Furthermore, 52% of Pakistanis are optimistic about a peaceful world in the coming year, while 21% are concerned about rising chaos and disorder. In a stark contrast, the survey results…
Pakistan’s National Assembly Standing Committee on Industry and Production revealed a shocking scandal. Chairman of the Committee, Hafizullah, led the meeting where Member Naz Baloch exposed a company that had taken 70 lakh rupees from 70 people but failed to deliver cars. Hafizullah informed that the company’s owner, Haji Gul Afriidi, is a former member of the National Assembly. The Chief Executive Officer (CEO) of the Engineering Development Board informed the committee members that 488 people have been trapped with 82 crore rupees. He added that the Board had filed a case against Haji Gul Afriidi and had suspended the…
Article: Pakistan Peoples Party’s (PPP) MPA Sabiha Shahid has been barred from attending the special meeting of the KP Assembly’s Private Security Committee. The PPP MPA stated that she was informed that the Speaker had terminated her membership from the committee. Opposition leader in the KP Assembly, Dr. Aabidullah, claimed that members of the assembly would become political orphans by 2026. Sabiha Shahid stated that her membership was terminated for voting in favor of the resolution to allow PTI’s leader’s daughter to speak. She had in fact raised her voice for the rights of the daughter of PTI’s founder. Speaker…
Article: Peshawar police has announced a strong action against air fire shooting on New Year Eve. SSP Operations, Farhan Khan, said that indiscriminate action will be taken against those involved in the shooting, and appealed to citizens to stay away from any law-breaking activities. He further stated that a security plan has been devised for the New Year celebration, and FIRs will be registered against those involved in the shooting. The Met Office has predicted that rain will start again in the afternoon of the same day. A viral video from the previous day featured an Afghan national making anti-Pakistan…
Article: The Punjab Highway Department has issued a high alert for the expected snowfall in Murree and Galliyat. Provincial Minister Malik Saheb Ahmad Bharath has directed the department to remain on high alert, keep machinery operational for snow removal, and ensure timely salting of roads. A total of 29,000 salt bags have been provided to salt stores, and salt camps have been set up at various locations. Two main salt camps have been established in Murree, while salt camps are operational at Kultana Chowk, BHU Kali Matti Road, and Lawrence College Road. Salt containers are available at Kultana Chowk, Banshera…
Pakistani YouTuber Rizwan Butt was physically attacked outside the Karachi City Court. The incident occurred when lawyers arrived at the court to hear the bail plea of Rizwan Butt. Lawyers claim that Butt had made some objectionable statements about the case on a YouTube Live session after securing bail. Butt revealed that he charges a significant amount for each podcast episode he records. The bail hearing of YouTuber Rizwan Butt was adjourned till January 13 due to the lawyers’ strike. The interim bail of Rizwan Butt was also extended till January 13. Zara Noor Abbas, a Pakistani actress, expressed her…
In a recent interview, renowned Pakistani singer and actor Farhan Saeed revealed that his social media following took a hit during the Pakistan-India tension, with a significant number of his fans being from India. Saeed stated that he is not anti-India, but when it comes to war, he will always stand with Pakistan. The singer expressed his views on various topics while speaking to a journalist recently. When asked about his decreased social media following, Saeed said that if his Indian fans expected him to avoid saying “Pakistan Zindabad” during times of war, he would be disappointed. He clarified that…
