Author: Iqra Khan

South Africa, leading Group ‘D’ with three consecutive wins, secured their spot in the Super Eight stage, becoming the first team to do so. Despite efforts to dry the field after heavy rain, the match between Sri Lanka and Nepal was called off, disappointing fans and leaving the teams with shared points. Sri Lanka, struggling with losses in their opening matches, are on the brink of elimination unless other results favor them, according to spinner Maheesh Theekshana. Nepal, also winless, faces South Africa next, hoping for better weather. However, rain and thunderstorms forecasted for the week pose challenges for upcoming…

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Babar Azam has overtaken Kohli’s record for most runs in men’s T20Is during the group stage of the T20 World Cup 2024, with Kohli trailing by 71 runs.  Despite Kohli’s struggles, Harbhajan Singh believes he is focused on scoring big runs before the next round in the Caribbean. Laxmipathy Balaji echoes this sentiment, stating that Kohli remains a modern-day great and is determined to excel despite challenges on difficult pitches.

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Pakistan cricket team is facing quite a tumultuous journey in the T20 World Cup 2024. The recent victory over Canada might have provided a boost, but with their fate no longer entirely in their hands, the players have to navigate through uncertainty. Head Coach Gary Kirsten’s approach of focusing on the future rather than dwelling on past defeats is commendable. It’s crucial for the team to maintain their composure and concentrate on the upcoming match against Ireland, which holds significant importance for their progression in the tournament. The denial of rumors regarding emotional breakdowns after the loss to India highlights…

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PESHAWAR:Former vice president, Federation of Pakistan Chamber of Commerce and Industries (FPCCI), Mohammad Adnan Jalil has hailed the budget as realistic containing no bid to inflate revenue through imaginary surplus and other proceeds. In a comment on the federal budget for financial year 2024-25, he hailed pension reforms initiative for the public sector employees and increase in the allocation for Benazir Income Support Programme (BISP) and efforts of the government to rope in capital gains on securities and real estate. Adnan Jalil, who is a former provincial minister, commended the budget for 20% to 25 % increase in the salaries…

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LAHORE:Punjab Chief Minister Maryam Nawaz Sharif has commended Prime Minister Shehbaz Sharif and his team for presenting a people-friendly budget amid challenging economic conditions. In her message on Wednesday, the chief minister highlighted that under the guidance of PML-N President Muhammad Nawaz Sharif and Prime Minister Shehbaz Sharif, a balanced and people-friendly federal budget has been presented. CM Maryam Nawaz said that the journey towards sustainable development has begun, with the nation gradually emerging from an economic crisis. The budget aligns perfectly with the aspirations of the people, she asserted. Maryam Nawaz Sharif further noted that the federal budget aims…

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ISLAMABAD:The government on Wednesday proposed tax relaxation on import of raw materials for solar panel and aquaculture industry in the country. Delivering the budget speech for the year 2024-25 here at the Parliament House, Minister for Finance and Revenue Muhammad Aurangzeb said that government, in order to promote the local manufacturing of solar panels, had decided to provide tax relaxation on the import of plant, machinery, raw materials and parts used in the manufacturing of solar panels, inverters and batteries. Similarly, he said the government had also proposed to offer tax relaxation on the import of feed and seed for…

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ISLAMABAD: Minister for Finance and Revenue Senator Mohammad Aurangzeb on Wednesday proposed 20-25 percent increase in the salaries on ad-hoc basis and 15 percent enhancement in the pensions of the Federal Government employees, realizing their financial hardships due to the increased inflation. Presenting the Federal Budget for the fiscal year 2024-25, the minister said despite financial constraints, the government had decided to give 25 percent ad-hoc relief in the salaries of employees from Grade1-16 and 20 percent to Grade-17-22 employees aimed at increasing their purchase power.He also proposed to increase the minimum wages from existing Rs 32000 to Rs 37000…

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BAHAWALPUR: Local traders of Bahawalpur have termed Federal Fiscal Budget for Year-2024-25, a people-friendly and said that it would help in resolving financial challenges. Talking to media here Wednesday, a local trader leader, Chaudhary Naveed said that under the leadership of Prime Minister, Shahbaz Shahrif, the sitting government had successfully presented a people-friendly budget. “No doubt, Federal Fiscal Budget tabled in the National Assembly for Year 2024-25 had fulfilled the expectations and hopes of the masses,” he said He viewed that the withdrawal of tax duty on imported hybrid vehicles would encourage local auto industries of the country. “The sale…

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Chief Minister of Balochistan, Mir Sarfaraz Bugti, stated that Balochistan was not overlooked in the federal budget. I presented Balochistan’s case at the federal level, provided suggestions, and ensured the inclusion of several schemes in the federal budget, he said on WednesdayBalochistan has always felt neglected in terms of allocation, but many projects for the province have been reinstated in the federal budget. Chief Minister Mir Sarfaraz Bugti also mentioned that a decision has been made to introduce 67 reforms for all departments, including the food department. Since the wheat procurement issue is currently under judicial consideration, it would be…

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ISLAMABAD: The government has proposed several tax relief measures in the Federal Budget for the fiscal year 2024-25 such as no increase of duties on the import of essential items, providing relief to the common man, promoting and protecting domestic industry and enhancing import-substitution, promoting energy efficiency and conservation, incentivizing agriculture sector, besides encouraging exports. Following are the proposed Custom Relief Measures: -Exemption of ACD on raw materials of Fluids and Powders for use in Hemodialyzers. -Exemption of Customs duties on Bovine lipid extract surfactant. REVIEW OF REGULATORY (RD)REGIME: Levy/increase of RD on certain items to encouraging local manufacturing. Rationalization…

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