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Listen to article KARACHI: Representatives of the Salaried Class Alliance Pakistan have raised serious concerns over the proposed Finance Bill 2025-26, calling it unfair to the country’s most tax-compliant group. Speaking at a press conference at the Karachi Press Club on Thursday, alliance members Bilal Farooq Alvi, Rizwan Hussain, Adeel Khan, and Lesha Fazal said salaried individuals…
The Fruit Juice Council — a body representing the formal juice industry – has demanded the government to reduce the FED rate on the juice industry to 15%. The current 20% FED (on top of existing 18% GST) has stalled the juice industry’s growth and in FY2024-25 the government’s revenue projections fell short of its…
Listen to article MEXICO CITY: Mexico’s antitrust watchdog said on Friday it had closed a case against Google, clearing the tech giant from any potential fines, after a multi-year investigation determined it did not engage in monopolistic practices in the country. The investigation by Mexico’s Federal Economic Competition Commission (Cofece), which began in 2020, focused on Google’s…
LONDON: Mitchell Starc starred with bat and ball to leave Australia well-placed in their World Test Championship final against South Africa at Lord’s on Friday. The tailender made 58 not out in Australia’s second-innings total of 207 all out on the third day, to leave South Africa chasing 282 for victory in the London sunshine….
Listen to article ISLAMABAD: Consumers have called for an audit of power distribution companies (DISCOs), following the latter’s request to the regulator to approve the collection of Rs455 billion through an increase in electricity rates. The regulator — the National Electric Power Regulatory Authority (Nepra) — conducted a public hearing on Friday to consider the interim tariff applications of…
Listen to article ISLAMABAD: Pakistan is likely to increase its refining capacity by 15% by the year 2027 through plant upgrade projects, which are being executed under the Oil Refining Policy 2023, according to the Annual Plan for fiscal year 2025-26. For FY26, the targets for crude oil and natural gas production have been fixed at 24.24…
Listen to article LAHORE: The Uzbekistan Trade Centre in Lahore will play a vital role in strengthening Pakistan-Uzbekistan economic ties. The trade centre, jointly inaugurated by Lahore Chamber of Commerce and Industry (LCCI) President Mian Abuzar Shad and Uzbekistan Chamber of Commerce and Industry Deputy Chairman Takhtaev Akobirjon Khakimovich, is a landmark step towards enhancing bilateral trade…
KARACHI: Without question, Deemak is the most divisive Pakistani release of the year. For those who still invoke “support local cinema” regardless of a film’s craft or coherence, this is perhaps the moment they’ve been waiting for. A harsher critique of director Rafay Rashdi’s horror-family drama might be too easy — were it not for…
Listen to article KARACHI: Gold price inflation in Pakistan slowed on Tuesday and recorded a marginal increase, mirroring global market trends where the precious metal retreated after reaching a near four-week high as investors turned cautious ahead of a possible phone call between US President Donald Trump and Chinese President Xi Jinping. In the domestic market, the…
LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) Chief Executive Officer Aamir Tufail has said that the gas-related issues faced by industrialists are being resolved on a priority basis. In this regard, pending requests for new industrial gas connections and over-billing complaints are being addressed swiftly while a focal person will be appointed to ensure the…
