Chief of the Army Staff General Ashfaq Parvez Kayani has said that under the new democratic leadership all elements of national power will defend the country’s territorial integrity with full support of the people. He was presiding over the two-day Corps Commanders conference at the General Headquarters which concluded on Friday. A brief statement issued […]
New Tax Regime For CNG Stations
The government may introduce a new tax regime for the Compressed Natural Gas (CNG) stations in the upcoming budget, replacing the existing sales tax/income collection mechanism due to poor collection from this potential sector. It was learnt on Thursday that the budget-makers are examining proposal to rationalise tax rates for the CNG stations in budget […]
GST Rate may Be Enhanced in Budget 2008-09 of Pakistan
The government may increase standard rate of general sales tax (GST) from 15 percent to 16 percent or 17.5 percent across the board in the Budget 2008-09) to generate additional revenue for meeting the collection target of over Rs 1,200 billion set for the next fiscal year. Sources told Business Recorder on Thursday that section […]
Long March May Be Violent
he lawyers’ movement has entered a very critical phase where a single plot can make the long march a dangerous agitation movement as lawyers, civil society and political workers are being mobilised to rush to Islamabad on June 12 in large numbers. The masses fear eruption of violence during the mass lawyers’ long march as […]
Musharraf Count Down
President Pervez Musharraf’s days as president of Pakistan are coming to an end, according to a growing consensus in the country. A series of political tirades, aggressive news reports and changes to sensitive army positions have fuelled speculation that Musharraf is considering retirement, an international newspaper reported. The talk has hit the streets, where rumours […]
UN Asked for Benazir Assassination Probe
Pakistan formally asked the United Nations on Friday to hold a high-level inquiry into the assassination of former prime minister Benazir Bhutto. Ambassador of Pakistan Munir Akram met UN Secretary General Ban Ki-moon and submitted a letter by Foreign Minister Shah Mahmood Qureshi requesting the world body to investigate the murder of the PPP leader […]