Taxing retailers

. The government’s endeavour to bring in retailers with a favourable tax slab is appreciated. The intention is not only to ease complex accounting processes – as around three million retailers countrywide are currently untaxed – but also to bolster the exchequer with a decent turnover. The recent proposal introduces a voluntary income tax regime…

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Man Utd sign midfielder Tielemans

MANCHESTER: Manchester United on Tuesday announced the signing of Belgium midfielder Youri Tielemans from Aston Villa for a reported fee of £35 million ($47 million). The 29-year-old, who has signed a five-year deal at Old Trafford, has just returned from the World Cup, where he captained Belgium to the quarter-finals. He is the club’s third signing of the…

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Lahore seals water park after girl’s death; three officials arrested

Investigation launched to examine circumstances, determine negligence and assign responsibility The Lahore district administration on Wednesday sealed a private water park in Batapur after a nine-year-old girl allegedly became trapped in a drainage pipe and died during pool-draining operations, while police arrested three officials of the facility in connection with the incident. The incident occurred…

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Sindhu targets medal at world championships

MUMBAI: Indian badminton star Pusarla Venkata Sindhu said Wednesday that “everybody is beatable” as she targets a medal at the world championships on home soil in New Delhi next month. Sindhu won the world title in 2019 and also captured Olympic silver in Rio in 2016 and bronze in Tokyo five years later. The 31-year-old is a massive…

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India-UK trade pact takes effect, cutting tariffs and boosting services trade

Trade pact cuts tariffs on thousands ‌of goods and expands market access for services firms and professionals Garment workers stitch clothes at a textile factory in Noida, India, July 31, 2025—REUTERS India and Britain’s trade pact took effect on Wednesday, cutting tariffs on thousands ‌of goods and expanding market access for services firms and professionals…

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‘Germany World Cup exit reveals structural failures’

Germany coach Julian Nagelsmann with defender David Raumafter their defeat to Paraguay at the 2026 World Cup. BERLIN: Germany’s continued World Cup failures are a result of structural, political and cultural problems in German society, Bayer Leverkusen CEO Fernando Carro said in on Tuesday. Four-time winners Germany were eliminated by minnows Paraguay in the last-32 of the…

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