ISLAMABA: Minister for Finance and Revenue Muhammad Aurangzeb on Wednesday said that the federal government has proposed over Rs 79 billion for the Information Technology (IT) sector in the budget 2024-25. In his budget speech at the floor of the house, the minister said that this allocation is the highest amount in the history.He said that exports in the IT sector would reach to 3.5 billion dollars in current fiscal year due to the policies of the government. He said that Rs 7 billion has been allocated for the digitalization of the Federal Board of Revenue, adding that this amount…
Author: Iqra Khan
Pakistan’s wicketkeeper-batter Mohammad Rizwan set an unwanted record during their seven-wicket victory over Canada in the ICC Men’s T20 World Cup 2024. While chasing 107 runs, Rizwan anchored the innings with an unbeaten half-century, scoring 53 off 52 balls, making it the slowest half-century in T20 World Cup history. Partnering with Saim Ayub (6), Rizwan couldn’t provide a strong start as Ayub fell early. Captain Babar Azam then joined Rizwan, and their partnership of 63 runs stabilized the chase. However, Azam’s dismissal in the 15th over ended their partnership. Azam scored 33 runs off 33 balls. Rizwan briefly partnered with…
Despite Pakistan’s victory against Canada in the ongoing T20 World Cup 2024, fans feel that the team missed the opportunity to boost their Net Run Rate (NRR). The Green Shirts secured a seven-wicket win over Canada at Nassau County International Cricket Stadium, New York, chasing down the 107-run target in the eighteenth over. Mohammad Rizwan contributed 53 runs off 53 balls, while captain Babar Azam scored 33 runs off 33 balls. However, fans criticized both players for not showing urgency to increase the team’s net run-rate, which could be crucial in the later stages of the tournament. “Successfully bottled the…
The Pakistan national football team has traveled to Tajikistan for the FIFA World Cup 2026 qualifiers round 2 match against the hosts. Departing from Nur Khan Air Base, the team flew on a special Pakistan Air Force plane bound for Dushanbe, Tajikistan. The match against Tajikistan is scheduled for Tuesday at 8pm Pakistan time.
Pakistan captain Babar Azam expressed relief after securing their first victory in the T20 World Cup, attributing the challenging pitch conditions to the team’s inability to chase down the target in fewer overs. Following consecutive defeats against the USA and India in Group A, the match against Canada became crucial for Pakistan. Mohammad Rizwan’s unbeaten 53 runs off 50 balls and Babar Azam’s 33 runs contributed significantly as Pakistan successfully chased the modest target, achieving victory in 17.3 overs. Babar Azam expressed satisfaction with Pakistan’s performance, especially highlighting the team’s strong start in the bowling department during the first six…
Saudi Arabia’s Al-Baraa Al-Amoudi secured the nation’s inaugural Muay Thai gold medal at the 2024 Senior World Championships in Patras, Greece. He triumphed in the under-23, 57 kg category, defeating the reigning champion, Russia’s Igor Bikruve. The tournament, organized by the International Federation of Muaythai Associations, witnessed participation from over 800 athletes representing 70 countries, marking it as one of the largest events in Muay Thai history. Al-Amoudi received a warm reception from friends and family upon his return to Jeddah, expressing pride in his achievement and optimism for future tournaments. The Saudi Muay Thai Federation, on its X account,…
There are quite a few challenges facing the Pakistan Cricket Board (PCB) and the national team. Addressing internal politics and performance issues is crucial for the team’s success. While it’s understandable that some players may feel these matters should have been dealt with after the T20 World Cup, timely action is often necessary to ensure long-term improvement. Navigating concerns about player influence and factionalism within the PCB can be delicate, but transparency and collaboration with former cricketers could bring fresh perspectives and solutions to the table. However, it’s essential to handle these matters with sensitivity to maintain team morale and…
Islamabad: The federal government’s will present the budget which is expected to total about 18,500 billion rupees for the fiscal year 2024–25, for which the meeting of the National Assembly at 4 p.m. today (Wednesday). The budget will reportedly be presented by Finance Minister Muhammad Aurangzeb and approved in a federal cabinet meeting before to that. The federal budget has set aside 2100 billion rupees for defense and 9700 billion rupees for loan interest payments. For the upcoming fiscal year, the government has set up 1500 billion rupees for development initiatives. 253 billion rupees for the energy industry, 827 billion for infrastructure,…
Lahore: Most of the plains will continue to face extremely hot temperatures today, Wednesday, and tomorrow, Thursday.The temperature is expected to be between two and four degrees Celsius above average for the next two days, the Meteorological Department has said. The Meteorological Department reports that Jacobabad registered the nation’s highest temperature on Tuesday, at 48 degrees Celsius.In addition to Sibi, the following places received temperature readings: Islamabad, Muzaffarabad, Hyderabad 42, Karachi 36, Quetta 35, Okara, Kot Addo, Kasur, Leh, Jhang and Dadu 46, Lahore, Multan, Faisalabad, Sahiwal, Turbat and Nawabshah 44, and Gilgit.
The International Monetary Fund (IMF) has instructed the Federal Government of Pakistan to raise taxes on the sale of property for both filers and non-filers in the budget that will be unveiled on Wednesday (today), with the goal of making it more expensive for non-filers to conduct business. The government has concluded its discussions with the IMF over the tax reform policies that would be unveiled in today’s budget statement.According to sources, non-filers will eventually pay more in taxes because the present rate of 3 to 4 percent withholding tax on various investments will be doubled on property transactions. It…
