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Pakistan’s July 2024 exports increased by 11.83%.

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According to a study released by the Pakistan Bureau of Statistics (PBS) on Friday, there was an 11.83% rise in Pakistan’s exports in the first month of the fiscal year 2024–25 by comparison with the same month the previous year.

The most recent statistics from PBS shows that in July 2024, exports totalled $2.308 billion, compared to $2.064 billion in July 2023.

However, compared to last July’s imports of $3.691 billion, imports into the nation climbed by 15.30 percent to $4.256 billion during the month.

Estimates for the trade deficit for the month under review reflect a 19.71 percent increase to $1.948 billion from the $1.627 billion deficit in the previous year.

Comparing June 2024’s exports of $2.558 billion to June 2024’s exports, the country’s monthly exports fell by 9.77 percent.

As compared to the $4.964 billion in imports in June 2024, the imports likewise saw a fall of 14.27%, according to PBS.

However, for the fiscal year 2023–2024, the value of services exported rose by 2.7%, from $7.595 billion to $7.806 billion.

Additionally, there was a 17.14% surge in services imports this year, rising from $8.638 billion to $10.119 billion.

The data indicates that the trade deficit for services increased by 121.76 percent from $1.043 billion in July–June (2022–2023) to $2.313 billion in July–June (2023–24).

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Resolving 9900 Out of 10515 Complaints: Legal Advisor’s Press Briefing

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Under Dr. Asif Mahmood Jah’s direction, the Office of the Federal Tax Ombudsman has accomplished a great deal in protecting taxpayer rights and resolving tax disputes.

Speaking at a news conference, Legal Advisor Almas Ali Jovindah mentioned that the FTO has been quite efficient, receiving 10,515 complaints and resolving 9,900 of them in the past ten months.

According to him, Dr. Jah addressed systemic flaws within tax administration by initiating 31 own-motion investigations. For the purpose of informing taxpayers of their rights, the FTO held 117 outreach workshops in the year 2024. Accessibility has also been enhanced by the incorporation of paperless and remote hearings.

He brought up the fact that a recent FBR recommendation had pushed for simpler sales tax filing and remedied unjust tax practices.

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Technology and Education Are Important: Rapid Technological Developments Are Changing Everybody’s Lives

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During his speech at a seminar held in Karachi, Federal Minister Musaddik Malik emphasized the significant role that technology plays in defining and managing modern-day life. He also highlighted the importance of adjusting to the rapid innovations that are reshaping every element of society and emphasized the need to embrace these changes.

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ATC Review Meeting Chaired by CJP: Meeting Evaluations ATC Performance: Handle the Main Issues

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Today at the Supreme Court, the Administrative Judges of Anti-Terrorism Courts met under the direction of Justice Yahya Afridi, the Chief Justice of Pakistan.

The meeting discussed important issues and evaluated the ATCs’ performance in order to guarantee the prompt and effective administration of justice in anti-terrorism cases.

Participants included the Prosecutors General from each province and the Islamabad Capital Territory, as well as Monitoring Judges from the Supreme Court and the ATC Courts.

Additionally present at the meeting were the Secretary of the Law and Justice Commission of Pakistan and the Registrar of the Supreme Court.

Throughout the conference, the Chief Justice gave clear instructions. In order to help Balochistan operationalize FSL Labs in Quetta, he directed the Forensic Science Laboratory in Sindh to provide support.

The Chief Justice ordered that ATC judges who have served out their tenure be placed in appropriate roles.

Additionally, he declared that the Law and Justice Commission of Pakistan would promote the possibility for exceptional ATC judges to receive training abroad.

In order to raise these matters to the attention of their respective governments, the Chief Justice urged the Attorney General for Pakistan and the Prosecutors General of each Province.

He underlined the necessity of prompt and concerted action to meet the ATCs’ resource and infrastructural requirements, which are critical to guaranteeing prompt and equitable resolutions in anti-terrorism matters.

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