ISLAMABAD: To get rid of the undue additional 5.5% taxes imposed to force unregistered businesses to get registered, Pakistan’s documented dairy sector has proposed an 18% sales tax on printed price, which will also discourage tax evasion. As an alternative, the industry is seeking a reduction in the standard sales tax from 18% to 10%,…
Says the government considers buying liquefied natural gas on the spot market to offset supply disruptions Minister for Petroleum and Natural Resources Ali Pervaiz Malik speaks during an interview with Reuters, during the Pakistan Minerals Investment Forum 2025, in Islamabad, Pakistan April 8, 2025. Photo: Reuters Minister for Petroleum Ali Pervaiz Malik said on Wednesday…
. HOUSTON: Oil prices pared gains that had lifted them more than 5% on Monday after Iran and Israel said they had halted attacks on each other following an appeal from US President Donald Trump. Tehran however said it would resume strikes if Israel continued to hit Lebanon. Brent crude futures were up $1.06, or…
LAHORE: The Punjab government is signalling a development strategy built around fiscal discipline, infrastructure expansion, social protection, climate resilience and economic empowerment as the provincial government prepares to unveil its budget for fiscal year 2026-27. Addressing representatives from industries, trade bodies, academia, media and civil society during a pre-budget consultation session on Monday, Punjab Finance…
Eight terrorists killed in Mohmand; five killed after intense exchange of fire in North Waziristan Security forces killed 13 terrorists while foiling two separate infiltration attempts along the Pakistan-Afghanistan border in Khyber-Pakhtunkhwa, the military’s media wing said on Thursday. In a statement, the Inter-Services Public Relations (ISPR) said the incidents took place on Tuesday and…
GLM-5.2 from Beijing startup Z.ai is drawing growing Western interest, narrowing the AI gap Since DeepSeek shocked markets early last year with its cheap but powerful AI model, global consumers have been faced with a choice: Chinese offerings with lower prices and less capability or OpenAI or Anthropic, which have poured billions into development. A…
Green-shirts fight back after half time but Black Sticks hold on to seal a solid win New Zealand on Monday defeated Pakistan 4-2 in their Group G classification phase match of the FIH Hockey World Cup in Amstelveen. The Green-shirts recovered from a two-goal down but New Zealand held their nerves to maintain dominance until…
IRGC claims Strait closed; CENTCOM disputes assertion US strikes about 140 Iranian military targets Tehran targe This screengrab from AFPTV footage shows cargo ships anchoring off the eastern coast of the United Arab Emirates at Khor Fakkan. Photo AFP WASHINGTON/DUBAI: The United States and Iran exchanged heavy missile, drone and air strikes on Sunday as…
. Deputy Prime Minister and Foreign Minister Ishaq Dar addresses a seminar on the Indus Waters Treaty virtually on Friday. SCREENGRAB ISLAMABAD: Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar on Saturday termed transformation of Pakistan’s image, strengthening of economy and diplomatic achievements miraculous, crediting it to the sincere and relentless efforts of the incumbent…
Suspected terror attack raises UK threat level as Somali-born British man faces attempted murder charges An Orthodox Jewish man walks past security patrolling the street near where a man was arrested on Wednesday following a stabbing incident in which two Jewish men were wounded in the Golders Green area, in London, Britain, April 30, 2026….