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12/12/2023

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Shadab Khan Replaces Hasan Ali in World Cup Clash Against England
11/11/2023

Shadab Khan Replaces Hasan Ali in World Cup Clash Against England

Azam Khan, the Caretaker Chief Minister of Khyber Pakhtunkhwa, passed away on Saturday morning. Reports from the spokesp...
11/11/2023

Azam Khan, the Caretaker Chief Minister of Khyber Pakhtunkhwa, passed away on Saturday morning. Reports from the spokesperson of Rehman Medical Institute in Peshawar state that Khan was admitted to the private hospital on Friday night due to a worsening health condition.

Media accounts suggest he was battling a severe stomach infection and experienced a heart attack on the same night. Family and officials, according to sources, confirmed his demise at 10:25 am on Saturday.

Shabbir Shah, the hospital spokesperson, mentioned that Azam Khan was dealing with multiple health issues and was in a critical state when admitted. He had curtailed his activities in the preceding days due to his illness.
The funeral prayers for Azam Khan are scheduled to take place at 3 pm in Charsadda.

The Gulf Cooperation Council (GCC) countries have unanimously approved the implementation of the unified gulf tourist vi...
11/11/2023

The Gulf Cooperation Council (GCC) countries have unanimously approved the implementation of the unified gulf tourist visa.

The decision was announced during the 40th meeting of the GCC Interior Ministers in Muscat on Wednesday, November 8.

Members of the GCC approved a unified tourist visa to allow travellers easy movement between countries like Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE). With this new single visa, tourists can explore the six Gulf countries.

Babar Azam reveals Net Run Rate plan for crucial World Cup match against EnglandRead Details in Comment
10/11/2023

Babar Azam reveals Net Run Rate plan for crucial World Cup match against England

Read Details in Comment

Pakistan's prominent fast bowler, Shaheen Afridi, expressed his desire to embody the fearless cricketing spirit of his f...
02/11/2023

Pakistan's prominent fast bowler, Shaheen Afridi, expressed his desire to embody the fearless cricketing spirit of his father-in-law and former captain, Shahid Afridi.

During the ICC Men's World Cup 2023 match against Bangladesh, the 24-year-old achieved a significant milestone, becoming the fastest fast-bowler to secure 100 wickets in ODIs. Shaheen accomplished this feat in 51 matches, surpassing the record previously held by Australia's Mitchell Starc, who achieved the same feat in 52 matches.

After Pakistan's comprehensive victory, clinching a seven-wicket win by successfully chasing down the 205-run target, Shaheen Afridi shared his thoughts. "Records are meant to be broken, and it's a happy occasion that we've set records for Pakistan," he remarked.

Expressing his admiration for Shahid Afridi, Shaheen emphasized his aspiration to emulate the fearless and dynamic style of his father-in-law. "Shahid Afridi always gives us tips; he is my hero. My effort is to play cricket like him," he disclosed.

Karachi University announces entry test-based online admissionsRead Details in Comment
02/11/2023

Karachi University announces entry test-based online admissions

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On Thursday, the Supreme Court was informed by the Election Commission of Pakistan (ECP) that the national polls are sch...
02/11/2023

On Thursday, the Supreme Court was informed by the Election Commission of Pakistan (ECP) that the national polls are scheduled to take place on February 11, 2024. This update was shared during the hearing of various pleas advocating for timely elections in the country. Entities such as the Supreme Court Bar Association (SCBA) and the Pakistan Tehreek-e-Insaf (PTI) have approached the apex court to address concerns about potential delays in the election process.

Sajeel Swati, the counsel representing the ECP, stated during the hearing that the general election would be conducted on February 11, 2024, subsequent to the completion of the delimitation process, which is expected to conclude by November 30. Chief Justice Qazi Faez Isa inquired whether President Arif Alvi was in agreement with this decision, prompting Justice Athar Minallah, another member of the three-member bench, to mention the constitutional authority vested in the president to determine the election date.

As a result of these discussions, CJP Isa instructed the Election Commission to engage in consultations with the president on this matter.

The Federal Board of Revenue (FBR) has surpassed the revenue target for the fourth consecutive month, amassing Rs2.75 tr...
02/11/2023

The Federal Board of Revenue (FBR) has surpassed the revenue target for the fourth consecutive month, amassing Rs2.75 trillion in the July-October period. In response to a lackluster turnout from the public, the FBR has resolved to pursue one million non-filers of income tax returns.

Exceeding the July-October tax collection goal by Rs68 billion, the FBR fell short of the total returns filed in the 2022 tax year by nearly two million, equivalent to 40% of the existing filers.

Malik Amjad Zubair Tiwana, Chairman FBR, asserted that the deadline for filing annual income tax returns, which expired on Tuesday, would not be extended further. The FBR has decided to ensure the "mandatory registration" of at least one million individuals who were obligated to file returns but failed to do so.

The provisional tax collection of Rs2.75 trillion in July-October exceeded the target of Rs2.68 trillion. This surplus of Rs68 billion alleviated any pressure from the International Monetary Fund (IMF) for a mini-budget.
While the FBR achieved a 28% growth in tax collection, garnering Rs591 billion more than the previous fiscal year, it encountered challenges in ensuring timely filing of income tax returns. Only 2.9 million tax returns were received by the extended deadline, compared to 4.9 million returns filed in the last tax year.

Notably, around 7.1 million out of over 10 million registered individuals and companies with the FBR did not file their annual returns. The FBR chairman emphasized the commitment to broaden the tax base, announcing that notices would be issued to individuals who had paid significant withholding taxes but had not filed tax returns.

Shahid Afridi Hits Out at PCB Chief Zaka Ashraf
02/11/2023

Shahid Afridi Hits Out at PCB Chief Zaka Ashraf

Pak-Turk series ‘Selahaddin Eyyubi' Trailer finally outWatch Video in Comment
01/11/2023

Pak-Turk series ‘Selahaddin Eyyubi' Trailer finally out

Watch Video in Comment

Shell Petroleum Company Limited, a subsidiary of Shell plc (Shell), has announced its decision to divest its 77.42% majo...
01/11/2023

Shell Petroleum Company Limited, a subsidiary of Shell plc (Shell), has announced its decision to divest its 77.42% majority stake in Shell Pakistan Limited (SPL) to Wafi Energy LLC, based in Saudi Arabia. The official statement released by the company on Wednesday emphasized that this move is in line with Shell's strategy to optimize its mobility network, a decision that was initially communicated during the Capital Markets Day in June 2023.

The completion of the sale is anticipated to take place in the fourth quarter of 2024, subject to obtaining the necessary regulatory approvals. Despite the transfer of ownership, the Shell brand will persist in Pakistan through brand licensing agreements, ensuring that customers can continue to access Shell's premium fuel and lubricant portfolio.

Emphasizing their commitment to maintaining safe and reliable operations, SPL aims to ensure business continuity without disruptions. Wafi Energy LLC, recognized as one of the leading fuel station companies in Saudi Arabia, operates as the sole licensee of Shell Retail Network in the country. Established in 2012 with an authorized and paid-up capital of 3 million Saudi Riyal, the company has exhibited rapid growth within the retail gas station sector.

The decision to divest Shell's stake in Shell Pakistan was initially communicated by Shell Petroleum Company Limited (SPCo) in June of the current year. As of the annual report for the previous year, SPCo held a 77.42% interest in Shell Pakistan. The divestment plan is not expected to impact the ongoing business operations of Shell Pakistan, which will continue to function as usual. The company has also noted considerable interest from global buyers, indicating a positive market outlook.

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