IHC restrains eviction of One Constitution Avenue apartment owners

Last month, IHC dismissed petition against lease cancellation, stating that the buyers lacked ownership rights The Islamabad High Court (IHC) on Monday issued a significant order restraining authorities from evicting the sub-lease holder apartment owners of One Constitution Avenue until further notice. A division bench comprising Justice Muhammad Azam Khan and Justice Inaam Ameen Minhas…

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‘Debt servicing swallows half of tax revenue’

KARACHI: Businessmen Panel Progressive (BMPP) General Secretary Khurram Ijaz has warned that debt servicing is swallowing more than half of Pakistan’s tax revenue, urging policymakers to rethink borrowing-led strategies and strengthen indigenous economic capacity. Citing budget documents, he noted that the government has earmarked Rs8.054 trillion for mark-up payments in FY2026-27, including Rs6.96 trillion on…

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