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Friday, June 11th, 2021

 

Rs 8,487 bn growth-oriented budget

Shaukat Tarin delivers budget speech amid Opposition’s ruckus; duties on local cars reduced; tax on printing materials cut; taxation system made easy; FBR reforms announced; motor bikes also become cheap; no decision yet regarding tax on phone calls Commerce Reporter ISLAMABAD, Finance Minister Shaukat Tarin presented the budget 2021-22.  The finance minister was greeted by jeers from Opposition benches, with members shouting slogans and taunting the finance minister by laughing loudly as he praised PM Imran Khan’s economic initiatives.  He announced that the total outlay of the budget had beenRead More


Opposition creates ruckus

Khayam Abbasi ISLAMABAD, JUN 11 (DNA) – As soon as Minister for Finance Shaukat Tarin began his budget speech in the National Assembly (NA) on Friday, lawmakers belonging to the opposition parties, including Pakistan Muslim League-Nawaz (PML-N), Pakistan Peoples Party (PPP) and Jamiat Ulema-e-Islam-Fazl (JUI-F), started shouting slogans to register their protest against the money bill. “PTI’s Qarzistan, Watan ki betyan sarrkun par, sharam karo, doob maro, muk tera show Niazi, Go Niazi Go Niazi” were the slogans shouted by the opposition legislators. And later when PML-N President Shehbaz SharifRead More


Economic stability marks beginning of ‘Golden Era’: Farrukh Habib

Saifullah ISLAMABAD, Minister of State for Information and Broadcasting Farrukh Habib said on Friday that the ‘Golden Era’ of development had begun in the country as the present government’s prudent policies ensured economic stability. Responding to the anti-government remarks of Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari, he said the purchasing power of citizens had increased by 36.6 percent, thanks to people-friendly policies of Prime Minister Imran Khan. He said that wages of the labourers associated with all the sectors including construction had increased by 29 percent. Highlighting economicRead More


Ambassador Alizada hosts Salvation Day reception

National Salvation Day is one of the glorious pages of the history of independent Azerbaijan; awards medals and certificates to Pakistani friends; says he will be leaving soon after completing his term in Pakistan Ansar M Bhatti ISLAMABAD:  Ambassador of Azerbaijan Ali Alizada has said his country is greatly indebted to Pakistani govt and people of Pakistan for extending whole-hearted support during war with agressor Armenia. The ambassador expressed these views while speaking at the National Salvation Day function. The ambassador also confered medals on the ministes and parliamentarians. Besides,Read More


India may create new border conflict to shift attention from worsening economic: expert

A Chinese expert says his country needs to be very vigilant as India may create new border conflict to shift attention from worsening economic and pandemic conditions in the country. This was stated by Hu Zhiyong Institute of International Relations of Shanghai Academy of Social Sciences. Hu said India has a political tradition of always looking for border issues to distract attention when there is a crisis at home.


Senior Islamic scholars sign Afghan peace declaration in Makkah

MAKKA: Senior Islami scholars from Pakistan and Afghanistan have signed the Declaration of Peace in Afghanistan in Makkah. The declaration is aimed to pave the way for a solution to the long-standing Afghan crisis, by supporting negotiations between the warring factions. The signing took place at the conclusion of the Islamic conference that was held near the Grand Mosque. The declaration was co-signed by the Minister for Religious Affairs Dr. Noorul Haq Qadri and Afghan Hajj, Guidance and Endowments Minister Mohammed Qasim Halimi. The declaration offers reconciliation between the conflictingRead More