While all taxes are bad, some taxes are worse than others. It’s important to distinguish among various types of items on which the government imposes taxes. First, we have income or value-added taxes, which correspond to taxes on the returns to factors of production such as capital and labour. Second, we have turnover or gross […]
There is no dearth of proposals and ideas for the forthcoming federal budget for the year 2025-26, nor is there any shortage of ambition and claims by the finance ministry about the poor-friendly nature and positive impact of the budget on the economy of Pakistan. What, in fact, is lacking is any innovation or change […]
In this article, I offer some insights into Pakistan’s current economic trajectory and the challenges that lie ahead. This review highlights key areas such as growth, stability, inflation, tax policies and fiscal discipline, providing a nuanced understanding of the nation’s economic health. Over the past three years, Pakistan’s economy has shown resilience, moving from a […]
Jake Paul is edging closer to a world title shot, with a crucial bout against former WBC middleweight champion Julio Cesar Chavez Jr. set for June 28 at the Honda Center in Anaheim, California. After failed attempts to lure Canelo Alvarez and Gervonta “Tank” Davis into the ring, Paul has now set his sights on […]
The Supreme Court has called for embracing a pro-mediation approach across the judiciary, particularly at the earliest stages of litigation. In a detailed four-page order authored by Justice Miangul Hassan Aurangzeb, the top court stressed the importance of sensitising judges and lawyers to identify cases appropriate for mediation and to ensure their timely referral. “Judges […]
Chairman Joint Chiefs of Staff Committee (CJCSC) General Sahir Shamshad Mirza has called for the urgent resolution of the Kashmir dispute between Pakistan and India, warning that continued tensions between the neighbours threatened regional peace and security. Representing Pakistan at the 22nd Shangri-La Dialogue 2025 in Singapore, General Mirza stressed the need for active and […]
Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman on Sunday came out strongly against the recently enacted Islamabad Capital Territory Child Marriage Restraint Act 2025, announcing a nationwide protest campaign to “raise awareness” among the public. Speaking at a press conference in Peshawar, the JUI-F supremo categorically rejected the legislation, claiming it undermined Islamic values and […]
President Asif Ali Zardari said on Sunday that Pakistan intended to forge strong bilateral relations with Bangladesh in all areas, including commerce, trade, sports, culture and people-to-people ties. Speaking at a reception hosted to Bangladesh and Pakistan Men’s cricket teams at the Governor’s House here on Sunday, he said the Pakistan government was trying to […]
At the star-studded CCXP MX25 convention in Mexico City, Jonathan Bailey and Scarlett Johansson captivated fans during the highly anticipated “Jurassic World: Rebirth” panel. Their unexpected and electrifying on-stage interaction quickly became the talk of social media, fueling excitement for the upcoming July 2025 blockbuster. Fans flooded social media platforms like TikTok, Facebook, and X […]
In Pakistan, most people would likely scoff if you told them climate change wasn’t a problem but an opportunity. This skepticism stems from past experiences where they’ve missed numerous chances to capitalise on situations arising from problems like biodiversity loss or pollution. Instead of mitigating the social costs of pollution to save on healthcare expenses […]