Senator Mushahid Hussain has acclaimed China for laying the basis for an ‘alternative new global order based on equality and justice’. He made these remarks at the International Conference convened in Beijing by the Chinese Ministry of Foreign Affairs to mark 70 years of the Five Principles of Peaceful Coexistence, which was attended by over 200 political leaders,scholars, intellectuals, economists and journalists from over 50 countries. Senator Mushahid Hussain, who is Chairman of Pakistan-China Institute & Co-Chairman, International Conference of Asian Political Parties (ICAPP, the largest organisation of political parties of Asia, also thanked President Xi Jinping for bestowing on…
Author: Iqra Khan
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Sunday expressed, his condolences to King Mohammed VI of Morocco on the passing of Princess Lalla Latifa, his mother. “During this time of sorrow, my prayers and thoughts are with the Moroccan people and the Royal Family. May her soul rest in peace. “Ameen!” The prime minister continued on X account.
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, on Sunday, sent a cable of condolences and sympathy to King Mohammed VI of the Kingdom of Morocco on the death of his mother. According to Saudi Press Agency (SPA), in his cable, the Crown Prince said: “I have received the news of the death of your mother, Princess Lalla Latifa, and I send to your Majesty and the family of the deceased my deepest and sincere condolences. I pray to Allah Almighty to bestow his mercy on her soul and to protect you…
Islamabad: Andrei Metelitsa, the ambassador of the Republic of Belarus to Pakistan on Sunday, declared that the 30th anniversary of the two countries’ diplomatic relationship Pakistan will mark a significant turning point in their bilateral relations. He declared, “Pakistan and Belarus have had exemplary diplomatic, economic, and cultural relations over the past three decades.” In an exclusive interview with the APP, Andrei Metelitsa, the ambassador of the Republic of Belarus to Pakistan, stated as much. “This year is a special one of the special for Belarus and our bilateral relation with Pakistan, declared the ambassador Belarus celebrates the 80th anniversary…
UN Secretary-General Antonio Guterres praised the adoption of a “strong outcome document” at the end of a conference dedicated to combating illicit small arms and light weapons worldwide, saying it was an important sign of progress. “The proliferation, diversion and misuse of small arms and light weapons continue to undermine peace, security and sustainable development around the world – fueling conflict and armed violence and causing devastating human costs”, the UN chief said in a statement. He congratulated member states on successfully concluding the Fourth Review Conference, welcoming the setting up of an open-ended technical expert group to address developments…
India defeated South Africa by seven runs in the championship match of the 2024 T20 World Cup, capping an incredible triumph. India has won two T20 World Cups with this victory.Being the only player to have appeared in the winning Playing XI of all four major ICC Men’s events the U19 World Cup in 2008, the Cricket World Cup in 2011, the Champions Trophy in 2013, and now the T20 World Cup in 2024 Virat Kohli accomplished an amazing milestone. At the end of this match, Kohli was instrumental, scoring 76 runs off of 59 balls. His performance contributed to…
Commissioner of Inland Revenue has been spared from paying a Rs. 50,000 court fee by the government when they file an income tax reference application against taxpayers in the High Court. Commissioner of Inland Revenue has been spared from paying a Rs. 50,000 court fee by the government when they file an income tax reference application against taxpayers in the Pakistan High Court and the tax regulations in Pakistan. The proposed amendment to Section 127(1) would have brought the Commissioner Appeals’ element of pecuniary jurisdiction into compliance with Section 126A, which was added by the Tax Laws (Amendment) Act 2024.…
Pakistan quickly approved the IMF-mandated Federal Budget 2024–25 on Friday, despite some last-minute changes that essentially doubled the tax rate on salaried class, increased the cost of gasoline and diesel, and imposed a hefty 10% surcharge on high salaries. While the Washington-based lender continues to feel that it is insufficient, many in Pakistan have called this terrible. Here, there are a few things we must comprehend. As demonstrated lately in Kenya, raising taxes in the upcoming budget may appear like a solution, but it will ultimately backfire. Cutting spending has its limits, too, considering how much debt we have. The…
Exporters of goods, whether direct or indirect, are required to pay an advance tax equal to 1% of the foreign exchange proceeds realized after making specific payments. As per the information provided by Tola & Tola / Tola Associates, the Finance Bill in Pakistan 2024 has been changed to include a new sub-Section 6C in Section 147. The changes are as follows: (6C) In spite of everything in this Ordinance, the individuals listed in section 154 sub-sections (1), (3), (3A), (3B), and (3C) shall, when realizing foreign exchange proceeds, realizing proceeds from the sale or export of goods, or when…
This Best SUV in Pakistan was developed in collaboration with Mitsui Chemicals and ARRK Corporation. These innovative materials help make the vehicle lighter, which improves its overall performance. Unlike traditional SUVs that usually have two seats, the Hyper-F Concept best SUV in pakistan comes with four sporty seats, providing more space and comfort. TCD Asia has played a significant role in the development of this SUV by using cutting-edge 3D printing technologies.The ExtraBold Inc. EXF-12 3D printer is one of these technologies. The use of plastic pellets in this 3D printer allows for faster and more reliable printing. When producing…
