VAT’s hidden ‘working capital’ tax
Haq also expressed concern at the immense level of double taxation in the system and…
VAT’s hidden ‘working capital’ tax
Haq also expressed concern at the immense level of double taxation in the system and called for major sales tax reforms. CREATIVE COMMONS LAHORE: Sales tax is supposed to be borne by the final consumer. Pakistan makes importers, manufacturers, exporters and service providers finance it before consumption. A levy presented as value-added tax has become…
K-P to buy 50 more e-buses for BRT
The Khyber-Pakhtunkhwa government has decided to purchase 50 additional buses at a cost of Rs4.989 billion to expand the Peshawar Bus Rapid Transit (BRT) system to areas currently located away from the existing route. According to officials, the 12-metre-long battery-electric buses will be deployed on five proposed BRT extension routes. These include Mall of Hayatabad…
PAF’s multi-domain edge in modern warfare
. JF-17 Thunder is an advanced, light-weight, all weather, day / night multi-role fighter aircraft; developed as a joint venture between Pakistan Aeronautical Complex (PAC), Kamra and Chengdu Aircraft Industry Corporation (CAC) of China. PHOTO: Pakistan Aeronautical Complex website PAKISTAN: There are moments in a nation’s life when history does not whisper. It roars. It…
Raza’s chehlum held as family vows to fight on
Mir Raza Ali, owner of the popular dessert shop Wafflix, whose body was found in Gulistan-e-Jauhar after he was allegedly kidnapped from PECHS. SCREENGRAB/ Youtube KARACHI: The chehlum of Mir Raza Ali, the deceased owner of dessert brand Wafflix, was observed on Sunday, with relatives, friends and residents of the area attending the gathering. Quran…
Zelensky warns war may continue into winter
Neither Witkoff nor Ukraine president announce any breakthrough on ending conflict with Russia Ukraine’s President Volodymyr Zelensky and US envoy Jared Kushner visit St Sofia Cathedral in Kyiv. PHOTO: AFP KYIV: War with Russia “at the moment” looked likely to continue into winter, Ukrainian President Volodymyr Zelensky said on Sunday, after talks with US envoys…
Muslim states warn against forced Gaza exodus
Joint statement calls on UNSC to fulfil its responsibilities; 100 Palestinians recovered from rubble laid to rest MASS FUNERAL: Mourners gather for the burial of around 100 Palestinians, including 62 children, whose remains were recovered from rubble, in Gaza City. PHOTO: AFP ISLAMABAD: Pakistan, Egypt, Indonesia, Jordan, Qatar, Saudi Arabia, Turkiye and the United Arab…
JI to widen protest if demands not met
Warns of wheel-jam, shutter-down strikes, petrol station closures and march on Islamabad Adviser to the Prime Minister Rana Sanaullah, JI chief Hafiz Naeemur Rehman and Planning Minister Ahsan Iqbal during a press conference in Lahore on September 3, 2026. PHOTO: EXPRESS LAHORE: Jamaat-e-Islami (JI) chief Hafiz Naeemur Rehman has warned the government of expanding the…
Venice Film Festival turns gaze on Gaza war
‘Citizen Osama’ captivates audiences with its powerful depiction of Gaza City’s apocalyptic landscape, its resident VENICE: An apartment building has just collapsed in an Israeli airstrike, hundreds are likely dead, and a cameraman runs towards the smoke and rubble in the opening scene of the Gaza documentary “Citizen Osama”. Palestinian director Ahmed Hassouna’s film is…
Exporters need shared responsibility
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 FAISALABAD: Pakistan’s export-oriented textile, sports goods and leather industries are entering a period in which environmental performance is no longer simply…
IT boom, AI fears
Pakistan's technology sector is enjoying an impressive moment. IT and IT-enabled services exports have reportedly reached $4.6 billion, reflecting the country's growing ability to earn from the digital economy. The opportunity is particularly significant because the global technology industry is entering another period of transformation. AI is changing how businesses operate and what they demand…
