Author Archives: Aly Bukshi

The Federal Board of Revenue (FBR) once again seized the bank accounts of Pakistan International Airlines (PIA). As a result, the airline has been unable to pay its outstanding taxes totaling Rs 2.86 billion. Several government dues were outstanding against M/S Pakistan International Airlines for multiple tax periods, according to the FBR's notice to the [...]

Barrister Shehzad Ata Elahi, the Attorney General for Pakistan AGP, has expressed his concern over the announcement of election dates by President Dr Arif Alvi in Khyber-Pakhtunkhwa and Punjab. Elahi has informed the Election Commission of Pakistan (ECP) that the head of state has no constitutional authority to do so. According to Elahi, only the [...]

Wednesday, Pakistan Tehreek-e-Insaf (PTI"Jail )'s Bharo Tehreek" was completely rejected by the public, according to federal minister of interior Rana Sanaullah (court arrest drive). According to the interior minister, PTI Chairman Imran Khan intended to utilise his loyal party members in a plot, but the scheme was exposed before it even got off the ground. [...]

According to Lakki Marwat police spokesperson Shahid Hameed, the operation was carried out under the control of the Dadiwala police station following a tip from security officers that terrorists were preparing an attack on the Abbas police checkpoint. The Khyber Pakhtunkhwa Counter-Terrorism Department and police carried out the operation. "As the security personnel arrived at [...]

Prime Minister Shehbaz Sharif and Chief of Army Staff (COAS) General Asim Munir sent a group to Kabul on Wednesday for a day-long visit in an unexpected move. The delegation was led by Defense Minister Khawaja Muhammad Asif. Discussion topics included the rising threat of terrorism in the area, particularly that posed by the TTP [...]

As a result of the surcharge, electricity consumers would be required to pay Rs3.82 per unit of electricity in order to recover Rs 284 billion in losses. The IMF prefers that the surcharge remain in place until the government resolves the Rs 800 billion circular debt parked in a company, which the government plans to [...]

The UN General Assembly is considering a draught resolution to resolve the conflict between Ukraine and Russia. On Wednesday, Ukrainian President Volodymyr Zelenskyy called Pakistani President Dr. Arif Alvi to ask for Pakistan's assistance. According to Pakistani official media, during the chat, the president expressed Pakistan's continued worry about the war in Ukraine. According to [...]

A lawyer named Mian Dawood submitted the reference and asked the SJC to launch an investigation into the judge of the supreme court, whose assets are Rs. 3 billion. In the reference, Judge Naqvi was charged with breaking the judges' code of behaviour in violation of Clause (5) of Article 209 of the Constitution. The [...]

The Finance (Supplementary) Bill 2023, which the government urgently required to pass in order to receive the $1.1 billion tranche of the International Monetary Fund (IMF) loan, was signed by President Arif Alvi on Thursday. The Pakistani Constitution's Article 75 has authorised the passage of the finance bill, or "mini-budget." The Finance (Supplementary) Bill 2023 [...]

There was a slump in the industry as a result of a clash between the official and unofficial remittance channels. In January, the IT sector's exports dropped to $190 million, with a decline in computer and telecom services of 20% and 35%, respectively. Additionally, the export of computer software and consulting services for software fell [...]

As a result of the recent increase in General Sales Tax (GST) from 17% to 18%, including vehicles, Hyundai and other local automakers have announced a price increase for their vehicles. Hyundai has raised its prices for the second consecutive month, with Pakistan Suzuki Motors (PSMC), Atlas Honda (HACL), and Toyota Indus Motors (IMC) having [...]

Prisons would be filled with more than workers and former Punjab governor Umer Sarfraz Cheema, Senator Waleed Iqbal, Murad Raas, and other party officials during the initial stages of the movement. Imran Khan, the ousted prime minister, declared a court arrest movement in an effort to rally the populace in the face of the crackdown [...]

According to the two-judge bench, composed of Justice Chaudhry Muhammad Iqbal and Justice Muzamil Akhtar Shabbir, there is no constitutional provision for consultation between the ECP and the governor when declaring the election date. The Advocate General of Punjab (AGP) Shan Gul informed the court that there is no such provision in the Constitution or [...]

Pakistan Tehreek-e-Insaf (PTI) Senior Vice President Fawad Chaudhry has demanded the appointment of a new opposition leader in the National Assembly before the selection of a new chairman for the National Accountability Bureau (NAB). He insisted that the appointment of the head of the anti-graft body should only be made after proper consultation with the [...]

The government of Pakistan is steadfastly committed to finishing the International Monetary Fund (IMF) programme and upholding all of its obligations to other nations, according to Senator Ishaq Dar, the country's finance minister. The government's policies to improve fiscal and monetary stability while achieving sustainable economic development through practical policies were supported by the delegation [...]

Ishaq Dar, Pakistan's Finance Minister, has confirmed that the board of the China Development Bank (CDB) has approved a loan of $700 million to Pakistan. As a result of the announcement, the country's foreign exchange reserves have fallen to just under $3 billion, their lowest level in nine years, significantly reducing import capacity to just [...]