There are apprehensions that some exporters keep part of their proceeds overseas by understating the value of their goods or bringing some as exports of services to avoid income tax, according to sources. photo:file ISLAMABAD: The government on Monday approved a subsidy of Rs98 billion to provide highly cheaper loans to exporters, including 10-year loans…
PM Shehbaz Sharif set a committee to review Telecommunication Reorganization (Amendment) Bill. PHOTO: APP ISLAMABAD: Prime Minister Shehbaz Sharif is expected to remove long-standing bottlenecks in the Brownfield Refinery Policy as the Cabinet Committee on Energy (CCoE) meets on Tuesday to consider amendments that could determine the fate of billions of dollars in refinery upgrade…
Wins 5 of first seven declared seats, PPP clinches 2, rigging allegations mar polls in Mirpur Division SUFFRAGETTE: A woman casts her ballot at a polling station during the first phase of the elections in Mirpur. PHOTO: AFP MIRPUR: The Pakistan Muslim League-Nawaz (PML-N) on Monday took an early lead in the first phase of…
Elegant, star-studded event features wide-ranging bridal, party wear collection; highlights creativity of Pakistani de KARACHI: A vibrant fashion showcase in Karachi brought together some of Pakistan’s leading designers, models, and celebrities as the latest bridal and party wear collections took centre stage in a glamorous runway event. Held under the title “Style Runway Fashion Show”…
Physical copies of Grand Theft Auto 6 for PlayStation 5 sold in Japan will include download codes that expire 170 days after the game’s launch, according to details shared by publisher Take-Two Interactive. The expiry period begins on November 19, 2026, the confirmed release date for GTA 6, meaning the codes included with Japanese PS5…
ECONOMIC EXPANSION: The MPC expects real GDP growth in the range of 3.5-4.5% during FY27. Risks from volatile global commodity prices amid renewed Middle East tensions and uncertain weather conditions, including evolving El Niño effects, could weigh on growth prospects. PHOTO:FILE KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has…
Finance Minister Muhammad Aurangzeb. Photo: File ISLAMABAD: Finance Minister Muhammad Aurangzeb chaired the first meeting of the Access to Finance Steering Committee, established to provide strategic oversight for the Prime Minister’s Access to Finance Plan 2026-2028, according to an official statement issued on Monday. The meeting focused on advancing affordable access to finance for priority…
. NIGERIA/ SOUTH AFRICA: Nigeria urged South Africa on Monday to do more to prevent xenophobic attacks on Nigerians and other African migrants, saying repeated violence was straining ties and raising questions about whether the government was complicit. The comments came during talks in Abuja between Nigerian officials and a South African delegation led by…
. Lawyer and activist Imaan Mazari, daughter of senior politician Shireen Mazari. PHOTO: EXPRESS/FILE ISLAMABAD: Convicted lawyers Imaan Mazari and Hadi Ali Chattha have filed miscellaneous applications in the Islamabad High Court (IHC) seeking an early hearing of their petitions for suspension of sentence in the controversial tweets case. The applications, filed through advocates Faisal…
Tottenham manager Roberto De Zerbi wants to see ‘soul and passion’ from the team. Photo: AFP LONDON: Tottenham manager Roberto De Zerbi urged his team on Monday to play with “soul and passion” as the London club rebuild after narrowly avoiding relegation from the Premier League. Spurs have embarked on an aggressive summer of spending to boost their…