DNA News
Atif Sheikh pledges focus on reducing tax burdens for industries
KARACHI, JUN 19 /DNA/ – The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) welcomes the timely decision by the Federal Minister for Finance and Revenue to revise the Anomaly Committee–Business, appointing President FPCCI, Mr. Atif Ikram Sheikh, as its Co-Chairman. It is pertinent to note that the committee has been established to identify, evaluate, and resolve discrepancies and anomalies arising from the recently announced Federal Budget 2026-27; ensuring that fiscal policies align with the realities of the business climate. The inclusion of the FPCCI leadership at the helmRead More
Diplomatic agreements may lead to Israel-Iran escalation, former Navy commander warns
WASHINGTON, JUN 19: Israel must prepare for repeated rounds of fighting with Iran, former Navy commander Maj. Gen. (res.) Eliezer Marom warned in an interview with 103FM on Monday. According to Marom, the Middle East has entered a new phase in which diplomatic agreements do not necessarily create stability, and may even lead to escalation. Marom opened with a direct reference to the Iranian threat and the implications of emerging agreements. “We are in a long war with Iran, and Israel needs to prepare every few months for an operationRead More
ICCI hosts reception in honour of MCI Chief Dr. Anam Fatima
ISLAMABAD, JUN 19 /DNA/ – Dr. Anam Fatima, Chief Officer, Municipal Corporation Islamabad (MCI), has said that transparency, digitization and stakeholder engagement are essential for improving civic services and ensuring good governance. Addressing a ceremony organized by the Islamabad Chamber of Commerce and Industry (ICCI) in celebration of her conferment of the prestigious Tamgha-e-Imtiaz, she expressed gratitude to the business community for its continued support and cooperation. She emphasized that MCI has introduced a series of reforms aimed at reducing public inconvenience and eliminating human involvement, including the digitization ofRead More
ICT Police ensure security at mosques, Imambargahs during Friday prayers
ISLAMABAD, JUN 19: Islamabad Capital Territory (ICT) Police officers and personnel performed security duties at mosques and Imambargahs across the federal capital on Friday to ensure the safety of worshippers and maintain a peaceful environment. An official told APP on Friday that comprehensive security arrangements were put in place at mosques and Imambargahs throughout the district in view of Friday prayers and prevailing security requirements. Police personnel remained deployed at entry and exit points, while security measures were enhanced to facilitate worshippers and prevent any untoward incident. ICT Police ensureRead More
PM announces reducing petrol prices ‘significantly’ after oil prices retreat
ISLAMABAD, JUN 19: Prime Minister Shehbaz Sharif has announced that the government intends to reduce petrol prices substantially after oil prices retreated following a US-Iran peace deal. “We had promised that we would bring the price of petroleum products down and repay each penny to the people,” he said during his address to the National Assembly in Islamabad on Friday. “So today, after our weekly review, we will announce a significant reduction [in the price of petroleum products],” the prime minister said, praising his ministers for managing the oil crisis.Read More
Over Rs8bn irregularities unearthed in Karachi Yellow Line BRT project: report
KARACHI: A Chief Minister’s Inspection Team report has flagged financial irregularities of more than Rs8 billion in Karachi’s BRT Yellow Line project, terming the matter serious mismanagement. “The administrative protocols governing contract management, tax deduction and deposition into the government exchequer, and disciplined execution have repeatedly been violated,” the report said. The inquiry was ordered into financial mismanagement in the Karachi Mobility Project (KMP) for the Yellow Line BRT — designed to connect Quaidabad’s Dawood Chowrangi with Numaish — being implemented with financial assistance from the World Bank. According toRead More