Relief for the rich, peanuts for the poor
ISLAMABAD: The PML-N government unveiled its second budget on Tuesday which provided harsh cuts as well as populist measures. As a result, cuts in subsidies and increase in gas rates rubbed shoulders...
View ArticleAdditional taxes to yield Rs231bn
ISLAMABAD: The PML-N government has imposed Rs231 billion new taxes in its second budget with relief measures for industrialists and foreign investors.The focus of tax proposals is to increase share of...
View Article11pc increase in defence spending proposed
ISLAMABAD: The government announced on Tuesday an 11 per cent increase in defence spending for the next fiscal.According to the budget documents placed before parliament, the government has allocated...
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Rs1,175bn set aside for development works
ISLAMABAD: The national development outlay for the fiscal year 2014-15 has been set at Rs1,175 billion, including a foreign aid component of Rs192bn.According to the budget documents released here on...
View ArticleRs47bn set aside for underdeveloped areas
ISLAMABAD: The federal government has decided to allocate Rs47.03 billion for the uplift of underdeveloped areas in 2014-15, according to budget documents released on Tuesday.The documents show that...
View ArticleFunding for environmental projects reduced to Rs25m
ISLAMABAD: The government has reduced funding for environmental projects to Rs25 million in the 2014-15 budget from Rs58m allocated for the previous financial year.It allocated Rs10m for the...
View ArticleRs20bn housing credit scheme for poor
ISLAMABAD: The government on Tuesday announced a Rs20 billion credit scheme for poor to buy low-cost housing units.Unveiling the salient features of the scheme, the finance minister said banks and...
View ArticleAltaf’s ‘arrest’ sows panic, fear across Sindh
HYDERABAD: At least one person was killed and about a dozen wounded amid a shock, panic, confusion and chaos in almost all cities and towns of Sindh caused by the report about Muttahida Qaumi Movement...
View ArticleMilitant sentenced to 25 years in jail
PESHAWAR: An anti-terrorism court on Tuesday convicted a member of a Bara-based proscribed organisation in a case of possession of suicide vests, hand grenades and other objectionable items and...
View ArticleImran says KP budget will be welfare-oriented
MANSEHRA: Pakistan Tehreek-i-Insaf chairman Imran Khan has said the Khyber Pakhtunkhwa government will unveil a social welfare-oriented budget for the next financial year, benefiting the widows,...
View ArticleShutdown in Karachi after Altaf's arrest
KARACHI: Commercial activities in Karachi were at a standstill on Wednesday after Muttahida Qaumi Movement (MQM) chief Altaf Hussain was taken into custody the previous day for interrogation in the UK,...
View ArticleCross-border militant attacks kill four soldiers in Bajaur
PESHAWAR: At least four soldiers were killed and four others injured Wednesday when militants from the Afghan side of the border attacked a military post in Bajaur tribal region, military officials...
View ArticleTaliban bombing kills two military officers near Rawalpindi
RAWALPINDI: Two military officers were among five people killed Wednesday when a Pakistani Taliban suicide bomber hit their twin cabin vehicle on Fateh Jang road near Rawalpindi, Director-General...
View ArticleCable operators’ petition: LHC terms govt’s response incomplete
LAHORE: The Lahore High Court on Wednesday declared the federal government’s response incomplete over an application pertaining to threats received by cable operators, DawnNews reported.Khalid Arain,...
View ArticleFarzana murder case: Former husband, brother arrested
LAHORE: In a major breakthrough in the Farzana murder case, the former husband and brother of the bludgeoned woman were arrested on Wednesday, DawnNews reported.Today’s arrest has taken the toll of...
View ArticleLondon police to allow Altaf three visitors
KARACHI: London police has asked for names of three people who will be allowed to meet with arrested Muttahida Qaumi Movement (MQM) chief Altaf Hussain, DawnNews reported.The names can be of people who...
View ArticleMotion in NA calls for suspension of Dasti's membership
ISLAMABAD: In an interesting turn of events, more than 200 parliamentarians have submitted a privileged motion in the NA Secretariat for the suspension of Jamshed Dasti’s membership from the...
View ArticleProtest to continue until Altaf's safety assured: Sattar
KARACHI: Muttahida Qaumi Movement (MQM) leader Farooq Sattar said Wednesday that the party would continue its protests until the government did not obtain a guarantee from its British counterpart that...
View ArticleImran questions MQM's Karachi protest
ISLAMABAD: Pakistan Tehreek-i-Insaf (PTI) chief Imran Khan on Wednesday said that the Muttahida Qaumi Movement (MQM) should not punish the people of Pakistan for an action carried out in London by the...
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Australia issues warning against travel to Pakistan
ISLAMABAD: The Australian Government on Wednesday issued a travel advisory for its citizens who intend to travel to Pakistan, asking them to reconsider their travel plans following a volatile security...
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