To compensate for potential revenue losses from proposed tax relief for salaried individuals, the Federal Board of Revenue (FBR) is considering a 2% increase in tax rates on interest income from bank deposits and savings schemes in the 2025-26 budget. The hike would apply to both filers and non-filers, raising the existing rates from 15% to 17% for filers and 35% to […]
The federal government has spent only 54% (Rs593 billion) of its revised Rs1.096 trillion development budget in the first 11 months of the current fiscal year, according to official data. This slow utilization raises concerns about delayed infrastructure and social sector projects, with just one month remaining before the fiscal year ends on June 30, […]
Australian cricket star Glenn Maxwell has called time on his One Day International (ODI) career, effective immediately, while confirming he will remain available for T20 Internationals. The 36-year-old all-rounder made the emotional announcement during an appearance on The Final Word Podcast, citing his body’s struggles to cope with the demands of 50-over cricket following his gruesome leg injury in 2022. Maxwell, […]
Poland’s presidential election results confirmed nationalist candidate Karol Nawrocki’s victory on Monday, marking a significant setback for the country’s pro-EU administration. The 42-year-old Trump admirer secured 50.89% of votes in Sunday’s runoff against Warsaw’s EU-friendly mayor Rafal Trzaskowski, who garnered 49.11%. Outgoing President Andrzej Duda, who endorsed Nawrocki, congratulated the winner on social media, praising […]
Karachi police have arrested the driver and security guard of a suspect involved in a viral road rage incident in DHA’s Khayaban-i-Ittehad, where a luxury car occupant was seen assaulting a citizen in widely circulated videos. Sindh Police DIG South Syed Asad Raza confirmed the arrests and seizure of the suspect’s vehicle, clarifying that the attacker is not a government […]
In a rare public outburst, Indian Air Force Chief Air Chief Marshal VR Chaudhari (Amar Preet Singh) strongly criticized delays in the procurement and delivery of defense equipment during a speech at the Confederation of Indian Industry’s (CII) annual business conference in Delhi. Expressing frustration, the Air Chief said, “Often, even at the time of […]
Karachi residents experienced another low-intensity earthquake on Monday, marking the third tremor within 24 hours, the Pakistan Meteorological Department (PMD) reported. The latest quake, measuring 3.2 magnitude, struck with its epicenter in Quaidabad—a densely populated area that had already been rattled by a 3.6-magnitude tremor just hours earlier at 5:33 pm on Sunday. Both originated at a shallow depth of 10 kilometers. […]
China has dismissed U.S. President Donald Trump’s allegations that Beijing violated their Geneva trade talks agreement as “groundless”, warning it will take “forceful measures” to protect its interests. The Chinese Commerce Ministry issued the rebuttal after Trump claimed on Friday that China had broken a bilateral deal to reduce tariffs. Beijing insisted it had “faithfully implemented” last month’s Geneva consensus, […]
The Regional Reference Laboratory for Polio Eradication at the National Institute of Health (NIH) has detected a new case of wild poliovirus in District Diamer, Gilgit-Baltistan—marking the first such case in the region and the 11th nationwide in 2025. This discovery comes as Pakistan concluded its third nationwide polio vaccination campaign on Sunday, which successfully […]
Pakistan’s T20I captain Salman Ali Agha has strongly denied rumors of a fallout with former skipper Babar Azam, labeling the speculation as completely unfounded. Speaking after Pakistan’s 3-0 series victory over Bangladesh, Salman emphasized his long-standing friendship with Babar, dating back to their school days in 2008. “Babar and I go way back—long before social […]
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