Latest News

Deputy Prime Minister Addresses the Media: Pakistan Will Host an Extraordinary Summit of the Shanghai Cooperation Organization (SCO) After 27 Years

Published

2 days ago

Farwa

Deputy Prime Minister and Foreign Minister Ishaq Dar made the announcement that Pakistan is getting ready to announce that it will be hosting an extraordinary summit of the Shanghai Cooperation Organization in Islamabad. This will signal Pakistan’s return to the international stage after a gap of 27 years.

Dar extended a warm greeting to all of the nations that are members of the SCO as he was supervising the preparations for the summit. He also underlined the significance of tackling both regional and worldwide concerns during the forum.

The statement that peace and stability are necessary for sustainable development was emphasized by Dar, who emphasized Pakistan’s commitment to strengthening regional cooperation.

By pointing out that Afghanistan’s membership in the SCO has been suspended since 2021, he brought attention to the fact that Pakistan is no longer in a position of isolation on the diplomatic front.

At each and every international conference, the deputy prime minister restated Pakistan’s intention to bring up the concerns of Kashmir and Palestine, putting an emphasis on Pakistan’s ongoing assistance for Palestine through humanitarian aid.

The Pakistan Tehreek-e-Insaf party was strongly asked by Dar to call off the protest that was scheduled to take place on October 15 in order to preserve the peace and tranquility of the nation.

There were also high-ranking officials there, including the Minister of Information, Attaullah Tarar, as well as the MD of PTV.

Business

Income tax return filing deadline extended once again

Published

24 hours ago

Farwa

The due date for submitting income tax returns for the tax year 2023–24 was once again extended until October 31 by the Federal Board of Revenue on Tuesday.

The deadline of October 14 was earlier. The first deadline for filing tax returns was September 30, as stated in the income tax ordinance.

A three-day bank closure in Islamabad and Rawalpindi owing to the SCO summit, along with a request for an extension from business organizations and tax bar associations, are all included in the FBR.

4.537 million income tax returns were filed as of October 14, according to the FBR, an increase of 107.83 percent over the 2.183 million forms filed during the same period last year. The FBR got 6.464 million returns for the most recent tax year. It forecasts 1.927 million more returns to match the level of previous year.

Based on initial statistics, 1.059 million new filers were enrolled throughout the same time in 2024, from July 1, 2023, to October 14, 2024.

Latest News

SCO will allow Pakistan’s economy to flourish: Sherry Rehman

Published

24 hours ago

Farwa

In order to foster economic growth, Pakistan will host high-level delegations for the SCO Summit, according to remarks made on Monday by Senator Sherry Rehman, the vice president of the Pakistan People’s Party (PPP).

According to Sherry Rehman, these high-level delegations were coming to the nation for diplomatic, economic, and strategic connections after decades. She was speaking to a private TV station.

For the summit to be successful, she underlined that political parties needed to put aside their disagreements and cooperate.

In her remarks, she emphasized that Pakistan is a major actor in the shifting economic trajectory towards Asia, making the 23rd SCO summit a critical geopolitical event.

Latest News

From October 22, a westerly wave is expected to deliver rain to Pakistan.

Published

1 day ago

Farwa

The westerly wave series is predicted to arrive in the nation on October 22, according to the Meteorological Department.

With a maximum expected to hit 34 degrees, today’s minimum temperature in Lahore is predicted to be 21 degrees Celsius. Thirty degrees Celsius is the current recorded temperature in the city.

It is observed that the humidity is at 67 percent and the wind speed is 8 km/h.

As the western winds move in, there’s a probability of rain in the northern areas starting on October 22, according to Akhtar Mahmood, the director of the meteorological department.

It’s not going to rain in Lahore, he said, even though the weather will get better.