June 2023 - Page 9 of 46

Budget 2023-24: New Income Tax Rates for Businessmen, AOPs

Posted June 25, 2023 by Web Desk

The amended Finance Bill 2023 has increased income tax on the income of individuals and association of persons (AOPs).The revised slabs for the individuals/AOPs revealed that where taxable income exceeds Rs. 600,000 but does not exceed Rs. 800,000, the rate of tax would be 7.5% of the amount exceeding Rs.…

CDWP Clears 28 Development Projects Worth Rs. 309 Billion

Posted June 25, 2023 by Web Desk

The Central Development Working Party (CDWP) cleared 28 development projects worth Rs. 309.14 billion during its meeting held on Saturday under the chairmanship of Federal Minister for Planning Development and Special Initiatives Ahsan Iqbal.The meeting was attended by the Secretary Planning Ministry, Members Planning Commission, and representatives from the various…

Govt Announces Increase in Tax Rates for Salaried Class

Posted June 25, 2023 by Web Desk

The fiscal adjustments announced by Finance Minister Ishaq Dar on Saturday in the budget for the next fiscal year (FY24) will put more tax burden on the salaried class.According to a report in Express Tribune, people who are earning Rs. 200,000 per month will be slapped with an additional 2.5%…

National Assembly Approves ‘Incomplete’ Finance Bill 2023 as Time Runs Out for IMF Deal

Posted June 25, 2023 by Web Desk

In a surprising development, it has emerged that the government got the approval of the National Assembly for the Finance Bill 2023 without providing copies of the final Bill to the members of the assembly.ProPakistani has confirmed from its sources that the relevant departments are still in the process of…

NA Approves FY24 Budget Paving Way for IMF Deal

Posted June 25, 2023 by Web Desk

The budget for the next fiscal year (FY24) was approved by the National Assembly (NA) on Sunday, a day after the government aligned it with the demands of the International Monetary Fund (IMF) by introducing a number of changes.The FY24 budget was passed during a session of the national assembly…

Pakistani Athletes Continue to Bag Medals at Special Olympics

Posted June 25, 2023 by Web Desk

Pakistan’s gold medal tally has clocked nine after Mohammad Luqman and Habibullah won gold medals in Special World Games.Pakistan’s athletes have continued to deliver outstanding performances at the Special World Games, earning a remarkable total of nine gold medals. The event, dedicated to celebrating the achievements of athletes with intellectual…

Pakistani Man Wins Rs. 7.8 Crore With Weekly Draw in UAE

Posted June 25, 2023 by Web Desk

In its 134th edition, Mahzooz, the UAE’s top weekly draw with the biggest and most frequent pay-outs, crowned its 49th millionaire and saw 912 participants take home AED 1,424,750 in prize money.As part of Mahzooz’s revamped prize structure, where one lucky participant becomes a guaranteed millionaire every week, the 134th…

Pakistan, Japan to hold 13th round of political consultations on Tuesday

Posted June 25, 2023 by Web Desk

Thirteenth Round of Bilateral Political Consultations between Pakistan and Japan will be held on Tuesday in Tokyo, Japan.According to the Foreign Office, the twelfth round of the Bilateral Political Consultations between Pakistan and Japan was held on 24th February, 2020 in Islamabad.The Pakistan side will be led by Foreign Secretary…

People who eat healthy diet may be less likely to develop diabetes: Study

Posted June 25, 2023 by Web Desk

A new study has found that people who eat a healthy diet including whole fruits may be less likely to develop diabetes.The study by Institute for Nutrition Research in Perth, Australia says people who consume two servings of fruit per day have 36 percent lower chances of developing type 2…

Usman Wazir wins World Youth Boxing Championship

Posted June 25, 2023 by Web Desk

Youth Boxing World Champion Usman Wazir defended his WBO World Youth Welterweight title by defeating Tanzanian boxer at the Lalik Jan Shaheed Stadium in Gilgit today.In the first 6 rounds of the eight-round world title fight, the Tanzanian opponent gave Usman Wazir a tough time.In the last two rounds, Usman…

Michael Jackson’s death anniversary observed

Posted June 25, 2023 by Web Desk

King of pop music, famous singer, writer, composer and dancer Michael Jackson's 14th death anniversary was observed today.Michael Jackson's songs and dancing style are still famous among people of all ages.Source: Radio Pakistan

Pakistani movie ‘Aar Paar’ all set to release on Eid ul Azha

Posted June 25, 2023 by Web Desk

Pakistani movie 'Aar Paar' is all set to release on Eid Ul Azha.'Aar Paar' explores the complex relationship between friends, delving into the intricate dynamics of politics, love, and human emotions. The cast of the film includes prominent names such as Moammar Rana, Irum Akhtar, Ukasha Gul and Shamyl Khan.The…

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