Islamabad, Oct 12: Saba Qamar UNICEF Pakistan First National Ambassador for Child Rights On the International Day of the Girl Child, a day dedicated to strengthening girls’ rights and acknowledging the unique challenges they face worldwide, Unicef announced Saba Qamar’s nomination as its first National Ambassador for Child Rights in Pakistan. Working with Unicef is an honor. In a message to the media, Qamar said, “No matter where I go, I will intensify our common goal of protecting every child’s right.” “I’ve recently been traveling, and I’ve seen firsthand the struggles that women and children in Pakistan face as well…
Author: Mawadat Fatima
Islamabad, Oct 12: China car sales surge after subsidies After five months of decline, China’s passenger vehicle sales increased 4.3% in September compared to the same month last year. 2.13 million cars were sold in September in the world largest auto market, up from 2.04 million the month before. According to the China Passenger Car Association sales rose 1.9% over 2023 levels in the first nine months of the current year. Sales of electric and plug-in hybrid vehicles rose from 50.9% to 52.8% of total sales. For the third straight month, sales of battery-powered vehicles—including plug-in hybrids—in China exceeded those…
Islamabad, Oct 12: Pakistan Mini-Budget Planned with New Taxes to Address Revenue Shortfall Later in the fiscal year, the administration intends to present a Pakistan Mini-Budget ideas for this have already been sent to the International Monetary Fund (IMF). According to an official document, the government has proposed emergency tax measures totaling Rs130 billion in the event that tax income is insufficient. One of the suggested remedies is a 5% rise in the excise charge on sugary or sweetened beverages, which is anticipated to bring in an extra Rs2.3 billion a month. document also proposes a 1% advance tax on…
Islamabad, Oct 11: Japanese organisation Nihon Hidankyo wins Nobel Peace Prize 2024 The 2024 Nobel Peace Prize was to the Japanese organization Nihon Hidankyo “for its efforts to achieve a world free of nuclear weapons.” “The Norwegian Nobel Committee said that this grassroots movement of Hibakusha, or survivors of the atomic bombs that struck Hiroshima and Nagasaki, is receiving the peace prize for its efforts to achieve a world free of nuclear weapons and for demonstrating through witness testimony that nuclear weapons must never be used again.” The only Nobel prize that was not given out in Stockholm was given…
Islamabad, Oct 11: FBR Increases Property Rates by Up to 75% Across Pakistan The Federal Board of Revenue (FBR) will increase the immovable property values by up to 75% of their current market values. The Law and Justice Division had received the notifications from FBR for review. On Friday, or today, the FBR is anticipated to release the improved values of the immovable properties. The Federal Board of Revenue (FBR) has been granted until October 11, 2024, by the Federal Tax Ombudsman (FTO) to revise the values of all immovable assets in the nation. The FBR has completed its updated…
Islamabad, Oct 11: Secure Logistics and Trax Online Merge for Market Growth The Board of directors of Secure Logistic Group Limited (PSX: SLGL) and Trax Online Private Limited acknowledge to shareholding proportion at PSX.symbol “SLGL” For issuance of 1,669,825 ordinary shares for cash settlement of Convertible Note. SLGL AND TRAX ANNOUNCE MERGER TO CREATE MULTIFACETED GLOBAL SECURITY SOLUTIONS Dallas, TX and Santa Ana, CA – July 31, 2018 – SUPPORTLINK GLOBAL L.L.C. (SLGL) and Tactical Robotic Systems Inc. It is currently expected that the proposed Amalgamation/merger of TRAX into SLGL or any wholly owned subsidiary of SLGL by way of…
Islamabad, Oct 11: Govt to Tax Agriculture Income by July 2025, Promises IMF Compliance The provinces will begin collecting Agriculture Income Tax (AIT) by July 2025, the government has promised the International Monetary Fund (IMF). This will be achieved by increasing the federal excise duty (FED) on fertilizer by five percent and the FED rate on pesticides by five percent in the upcoming fiscal budget (2025–2026). The four provinces have agreed to modify their agriculture income tax (AIT) regimes in order to fully align them with the federal personal income (small farmers) and corporate income (commercial agriculture) tax regimes by…
After the England Test series, Shan Masood, the captain of Pakistan’s Test team, may be removed. The Pakistan Cricket Board (PCB) may be considering a leadership change after the team’s crushing defeat to England in the opening Test match in Multan, according to sources. For all the wrong reasons, the first Test against England was a historic encounter. Pakistan had a fantastic start, scoring a whopping 556 in the first innings, but they were shockingly defeated. Pakistan lost by an innings and 47 runs as England’s second innings collapsed to just 220 runs in response to England’s commanding 823 for…
Islamabad, Oct 11: The national selection committee of the Pakistan Cricket Board (PCB) has undergone alterations. Former captain Azhar Ali and recently retired umpire Aleem Dar are anticipated to join the group. The selection process was restructured in response to Muhammad Yousuf’s resignation from the committee two weeks ago, which led to this development. The PCB is reportedly completing the new composition of the selection committee, and an official announcement is expected shortly, according to insiders. Former fast bowler Aqib Javed and former captain Azhar Ali, who both bring a wealth of knowledge and insight to the table, are expected…
Islamabad, Oct 11: Pakistan Breaks Unwanted Record in Test Cricket Pakistan was the first team in the history of Test cricket to lose a match by an innings after amassing more than 500 runs in their opening innings, an extraordinary and historic result. In the first Test match of the three-match series, England secured a 1-0 lead over Pakistan with a resounding defeat. Jack Leach, an England spinner, was instrumental in the match’s outcome, taking four wickets for thirty runs before the end of Friday. Pakistan could only bat for 96 minutes before being bowled for 220, having begun their…
