General

Punjab Governor, US Counsel General discuss issues of mutual interest

Outgoing US Counsel General William K Makaneole called on Punjab Governor Muhammad Baligh ur Rehman in Lahore today.Matters of mutual interest including education, trade and climate change were discussed during the meeting.On this occasion, the Punjab…

General

Azerbaijan’s National Airline to Launch Direct Flights to Pakistan Soon

Azerbaijan’s national airline, AZAL, is set to inaugurate regular flight services to Pakistan starting from September 20, 2023.According to a spokesperson from the Azerbaijan Embassy, these flights will connect several significant Pakistani destinatio…

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Lahore High Court Receives Yet Another Plea to Ban TikTok in Pakistan

An official constitutional petition has been filed with the Lahore High Court, urging for the banning of the popular social media platform, TikTok.The petitioner argues that the continuous spread of inappropriate content on the platform is having a ne…

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World Bank Rates $300 Million ‘Third Punjab Education Sector Project’ As Highly Relevant

The Independent Evaluation Group (IEG) of the World Bank has rated the “Third Punjab Education Sector Project” worth $300 million highly relevant and overall efficacy as substantial.The report also noted that Pakistan is facing a difficult macro-fisca…

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Food Costs Rise Again Thanks to Petrol and Electricity Price Increase

The ripple effects of petroleum and electricity price hikes are now being felt in the realm of food and other commodities as multiple issues compound the woes of the common man.There is a notable shift in the market landscape as the price tag of a kil…

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FBR Exempts Agricultural Property from Tax on Sale Under Section 7E

The Federal Board of Revenue (FBR) will not charge tax on agricultural property excluding farmhouses under section 7E of the Income Tax Ordinance 2001.Through circular number 3 of 2023, the FBR has explained the applicability of section 7E on farmhous…