The newly appointed Minister of Finance appointed Muhammad Aurangzeb, poses after taking an oath to Islamabad, March 11, 2024. – Ministry of Finance The Minister of Finance, Muhammad Aurangzeb, announced on Sunday the intention of reducing the financial burden of the salaried class in the coming budget. His remarks occurred a few days after thousands … Read more
The Minister of Finance of India, Nirmala Sitharaman, holds a file with the government of the India logo when it poses with its officials while leaving its office to present the annual budget in Parliament, in New Delhi, India India , February 1, 2025. – Reuters New Delhi: India plans to reduce income tax rates … Read more
People wait for their turn out at an ATM in Islamabad. – AFP / File The rates of salaried class slabs were revised upwards at the request of the IMF. FBR collects Rs 367 billion from the salaried class in the last financial year. The board faces a mammoth task of collecting Rs12.97 trillion in … Read more
A teenager who stabbed three young girls to death during a Taylor Swift-themed dance class in England, was sentenced Thursday to more than 50 years in prison for what a judge called “the most extreme, shocking and exceptionally serious crime “. Judge Julian Goose said Axel Rudakubana, 18, “wanted to attempt to carry out a … Read more
London – A British teenager pleaded guilty Monday to murdering three girls and attempting to kill 10 others in what a prosecutor called “meticulously planned.” stabbing rampage during Taylor Swift-themed dance class in England last summer. Axel Rudakubana18, entered a surprise plea as jury selection was due to begin at the start of his trial … Read more
An undated image of the Federal Board of Revenue (FBR) building in Islamabad. – APPLICATION The contracts contribute Rs 496 billion to revenue collection in FY2024. Taxes collected on bank profits and securities up 52.8% to Rs489 billion. Tax revenue from telephone bills increased by 14.3% to nearly Rs 100 billion. ISLAMABAD: The salaried segment … Read more