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Articles for tag: agricultural, collection, delay, give, IMF, income, resignation, Tax

March 14, 2025

News Desk

The IMF is likely to give resignation from delay in agricultural income tax collection

The logo of the International Monetary Fund is observed outside the home building in Washington on September 4, 2018. – Reuters IMF is looking for details for the collective increase in revenue from corporate tax. The lender also wants Information on NTC’s reference terms. He wants to collect revenue down A common approach to real estate tax. ISLAMABAD: In the midst of the possibility of resignation against the delay of provinces in the Agriculture Income Tax Collection (AIT), the mission of review of the International Monetary Fund (IMF) requested details from the provincial revenue authorities for their AIT collection from

January 18, 2025

News Desk

The UN demands that Israeli troops withdraw from Lebanese territory without delay

Listen to the article UN Under-Secretary-General for Peace Operations Jean-Pierre Lacroix described the ceasefire between Lebanon and Israel as “fragile”, urging the Israeli army to withdraw from Lebanese soil. “The cessation of hostilities between Lebanon and Israel, while fragile, remains in force,” Lacroix told the Security Council. Noting the commitment of the Lebanese government to abide by the ceasefire agreements, he pledged the commitment of the UN Interim Force in Lebanon (UNIFIL) to support both parties. “Further deployment of the LAF (Lebanese Armed Forces) depends on the earlier withdrawal of the IDF (Israeli army),” he said. Welcoming a reported plan

January 10, 2025

News Desk

Businessmen complain about the delay in issuing passports

Listen to the article KARACHI: Hyderabad Chamber of Small Traders and Small Industries (HCSTSI) President Muhammad Saleem Memon expressed grave concern over the inordinate delay in issuing passports, terming it unacceptable for a country with a population of nearly 250 million struggling with the basic task of issuing just 50,000 passports in day. He urged the government to take immediate and effective measures to address such challenges. The passporting system needs to be improved, along with the creation of job opportunities and a business-friendly environment, to prevent young people from leaving the country. He said delays in passport printing and

September 12, 2024

News Desk

Israeli forces arrest, embolden UN convoy in Gaza: UN

Israeli forces detained a United Nations convoy in Gaza for hours, ramming its vehicles and shooting, according to a UN spokesman. The convoy, carrying personnel involved in a polio vaccination campaign, was stopped on Monday by Israeli soldiers at the Gaza checkpoint. The soldiers demanded to interrogate two Palestinian staff on board, escalating the situation by targeting UN personnel with guns and ramming the vehicles with tanks and bulldozers. UN spokesman Stéphane Dujarric confirmed that debris fell on one of the vehicles and that shots were fired during the incident. The convoy was eventually released after more than seven hours

September 6, 2024

News Desk

Judge to rule on Donald Trump’s bid to delay fine

Republican presidential candidate and former U.S. President Donald Trump speaks during a visit to the Alro Steel manufacturing plant in Potterville, Michigan, U.S., August 29, 2024. — Reuters NEW YORK: A New York judge is expected to rule Friday on Donald Trump’s request to delay sentencing in his criminal money case until after the Nov. 5 election. The former US president is scheduled to be sentenced on September 18, less than two months before the election in which Trump is the Republican nominee for president. Trump’s lawyers in August urged Judge Juan Mercan to postpone the date, citing “bare purposes

September 4, 2024

News Desk

Exports rise 14% despite IMF delay

Islamabad: Pakistan’s exports rose by double digits to $5.1 billion in the first two months of the current fiscal year, helping to contain the trade deficit at $3.6 billion amid uncertainty over the timing of a new external bailout v Some argue that due the overall deterioration of Pakistan’s economy, political and security situation, even a deal with the IMF may not help much packet. The 14% increase in exports during the July-August period of the current financial year will partially offset external sector pressures that may start to mount due to the lack of clarity on the International Monetary

September 1, 2024

News Desk

PSX remains sluggish amid IMF loan delay

KARACHI: The Pakistan Stock Exchange (PSX) experienced a weak week marked by limited activity and minor losses of around 300 points on concerns over Pakistan’s exclusion from the International Monetary Fund’s (IMF) executive committee’s August agenda. The market also remained subdued due to the reversal of investor positions at the end of the month and security concerns. Despite the challenging situation, there were notable developments that helped the stock market make some recovery. Rating agency Moody’s upgraded Pakistan’s credit rating from Caa3 to Caa2, bringing a glimmer of hope. Additionally, repatriation of profits and dividends from foreign investors increased 64

August 30, 2024

News Desk

Monsoon rains delay renovation work at Karachi’s National Bank Stadium

Preparations for the ICC Champions Trophy at the National Bank Stadium in Karachi have been halted due to the ongoing monsoon rains. Partial renovation and landscaping work at the stadium, which is a key part of the preparations for the upcoming tournament, has been significantly affected. Heavy rains in Karachi this week have hampered progress on the stadium’s redevelopment. Debris clearance from the demolished manual scoreboard tower, as well as Naseem-ul-Ghani and Iqbal Qasim precincts, has been partially halted for the past two days due to accumulation of rainwater. According to Express Newsthe decision to stop removing the debris was

August 14, 2024

News Desk

Israel pushes ICC to delay arrest warrants for Netanyahu, Gallad over Gaza war crimes

Listen to the article JERUSALEM: Israel is pushing the International Criminal Court (ICC) to delay issuing arrest warrants against Prime Minister Benjamin Netanyahu and Defense Minister Yoav Gallad for war crimes in Gaza, Israeli media reported Wednesday. Official sources said Tel Aviv is putting diplomatic pressure on the Hague-based court to delay possible arrest warrants against the two. “It is difficult to predict, however, how these measures will affect the judges’ decision,” Haaretz newspaper reported. On May 20, ICC prosecutor Karim Khan said he had sought arrest warrants for Netanyahu and Gallant for crimes against humanity and war crimes in

August 9, 2024

News Desk

Pak Suzuki closes factory indefinitely due to CKD kit delay

KARACHI: Pak Suzuki Motor Company Limited (PSMCL) has halted production at its Karachi plant indefinitely due to delay in approval of Completely-Knocked Down (CKD) kits, which have been blocked at the port for the past 45 days. This is the first plant closure this year. The closure has caused significant financial strain. PSMCL is struggling to cover billions of rupees in detention and compensation fees, while the government is losing taxes and duties due to lack of production and sales, according to Shafiq Ahmed Shaikh, Head of Corporate Affairs at PSMCL. Industry associations, including the Pakistan Association of Automobile Manufacturers

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