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  • ‘I have passed all exams of life,’ Zardari tells ‘enemies’.

    ‘I have passed all exams of life,’ Zardari tells ‘enemies’.

    Pakistan Peoples Party (PPP) co-chairman and former president of Pakistan, Asif Ali Zardari, has told his enemies that “elections are near” and he has passed all “exams of life”, Geo has reported.

    While addressing a dinner party given by PPP leader Ghulam Qadir Mari in Naushero Feroz district on Tuesday, Zardari said, “I was born in this land (Sindh), and I will continue to strive for the development of this land.”

    The PPP co-chairman also said that he is the son of soil and will always struggle for it.

    “The PPP has always served the people. I have struggled all my life, and my workers have also supported me,” said the former president, adding, “We know each other. Allah gave us the opportunity, so we served the people and this soil. I have to be buried in this soil. It is our duty to serve it.”

    The PPP leader also mentioned that he gave Pashtuns their separate identity, and by bringing the 18th Amendment, his party gave provincial service.

    Recounting the sacrifices of Zulfiqar Ali Bhutto and Benazir Bhutto, Zardari said, “Today, I am serving you, then Bilawal Bhutto will serve, as will Aseefa Bhutto. We are all with the people of Sindh.”

  • Chartered plane booked for Nawaz Sharif’s return on October 21

    Chartered plane booked for Nawaz Sharif’s return on October 21

    Pakistan Muslim League-Nawaz (PML-N) head and former prime minister Nawaz Sharif will travel on a chartered plane to reach Pakistan from Dubai on October 21.

    According to a report filed by Geo News, the flight carrying Nawaz will be named ‘Umeed-e-Pakistan’. It can carry approximately 150 passengers.

    The former prime minister will leave Dubai for Pakistan on October 21, along with senior and close party members. Nawaz Sharif’s flight will land in Islamabad for a 30 minute long stay, with the PML-N supremo then flying to Lahore to address a gathering at Minar-e-Pakistan.

    Before the final leg of the journey, Nawaz Sharif will reach Saudi Arabia on Wednesday and perform Umrah there. He will stay in Saudi Arabia for a week and hold important meetings.

    Earlier, former finance minister Ishaq Dar said there is no chance of Nawaz’s arrest upon his arrival in the country.

    Dar also said that PML-N’s narrative will be about the economy, adding that, “recovery of the economy is the best revenge.”

  • Peshawar students to campaign against use of drugs in educational institutions

    Peshawar students to campaign against use of drugs in educational institutions

    The students of the University of Agriculture in Peshawar have decided on starting a mission to prevent use of drugs in educational institutions.

    According to reports, the administration has become active to protect the students of the University of Agriculture from drugs. The Anti-Drug Awareness Committee held a meeting at the campus.

    According to experts present at the meeting, drugs give temporary relief by increasing hormones, but later they cause permanent destruction; adding that the addict becomes a burden on his family and society.

    The students have decided to join hands with the government and social organisations to play an active role in the anti-drug campaign.

    According to the report of a non-governmental organisation, 7.6 million people use drugs in Pakistan, including 78% men and 22% women.

  • SBP reports $112 million increase in workers’ remittances

    SBP reports $112 million increase in workers’ remittances

    In September 2023, Pakistan experienced a notable surge in workers’ remittances, marking a 5.3 per cent increase compared to August 2023.

    This uptick can be primarily attributed to a crackdown on the informal money transfer systems known as hawala and hundi.

    According to the State Bank of Pakistan (SBP), the country received remittances amounting to $2.206 billion in September 2023, up from $2.094 billion in August 2023, equating to a $112 million rise.

    The majority of remittance inflows for September 2023 were derived from several key sources, with Saudi Arabia contributing $538.2 million, the United Arab Emirates $400 million, the United Kingdom $311.1 million, and the United States of America $263.4 million.

    This increase in remittances can be linked to the fact that a substantial number of Pakistani expatriates resorted to using the Hawala/Hundi channels during the initial two months of the fiscal year, largely due to a significant disparity between official and unofficial exchange rates.

    Subsequently, strict enforcement measures against illegal currency dealers have curbed this volatility, leading to a gradual appreciation of the Pakistani rupee in both the interbank and open currency markets.

    In the last month, the rupee has rebounded by 9 per cent, recovering from its record low of 307.1 against the dollar on September 5. The crackdown on these illicit currency dealers has also contributed to the 5 per cent month-on-month increase in remittances for September.

    However, when examining the entire first quarter of fiscal year FY24, the overall home remittances to Pakistan have experienced a sharp decline of 20 per cent, totalling $1.57 billion. Home remittances for the July-September period of FY24 amounted to $6.33 billion, a decrease from $7.90 billion during the same period in the previous fiscal year, FY23.

    During this initial quarter, remittances from all major sources displayed a downward trajectory. Specifically, home remittances from Saudi Arabia decreased by 22 per cent to $1.516 billion for July–September in FY24, down from $1.946 billion in the equivalent period in FY23.

  • World Bank proposes tax reforms with 3% GDP growth projection for Pakistan

    World Bank proposes tax reforms with 3% GDP growth projection for Pakistan

    The World Bank has advised Pakistan to implement taxes on the agricultural and real estate sectors and merge the income thresholds for salaried and non-salaried individuals to create a progressive Personal Income Tax (PIT) system.

    If agriculture income and property taxes are effectively enforced, they could contribute 3 per cent of the GDP annually, totaling over Rs3 trillion. The World Bank is awaiting approval for a $350 million allocation for Pakistan under RISE-II, with the meeting date yet to be confirmed.

    Currently, the annual income threshold for salaried individuals is Rs600,000, and for non-salaried income, it stands at Rs400,000, both exempt from taxes.

    The World Bank emphasises the urgency of Pakistan’s fiscal situation and the need to generate revenue and reduce expenditures, recommending taxing the wealthy while protecting the poor.

    The World Bank proposes simplifying the income tax structure by aligning it for both salaried and non-salaried individuals, ensuring progressivity without suggesting a reduction in the current nominal threshold.

    They acknowledge the importance of considering inflation and labour market changes in recent data when reforming the income tax structure.

    The focus of the recommended tax reforms should fall on higher income brackets and include a comprehensive tax package and expenditure reforms to address unsustainable fiscal deficits.

    These reforms involve cutting down on subsidy expenditures, eliminating regressive tax exemptions, and increasing the taxation of high-income earners, particularly in agriculture, property, and retail sectors, to enhance the progressivity of the tax system.

    Regarding a question about lowering the current exemption threshold for salaried workers earning below Rs50,000 monthly, the World Bank’s lead economist clarified that the bank does not recommend a reduction in the current nominal threshold.

    Instead, the emphasis is on streamlining the income tax structure for both salaried and non-salaried individuals to ensure progressivity while protecting the poor during the reform process.

  • Major changes in Punjab’s National and Provincial Assembly seats

    Major changes in Punjab’s National and Provincial Assembly seats

    Five newly created districts in Punjab are set to receive a total of 13 national and provincial assembly seats as part of the preliminary delimitation, marking a notable shift in the political landscape.

    The districts in question are Kot Addu, Taunsa, Wazirabad, Talagang, and Murree. Among these, Kot Addu district in southern Punjab stands out, securing two National Assembly seats, NA-179 and NA-180, along with three provincial assembly constituencies: PP-276, PP-277, and PP-278.

    Wazirabad and Taunsa districts are also set to gain representation, with Wazirabad obtaining NA-66, PP-35, and PP-36, while Taunsa secures NA-183, PP-284, and PP-285.

    Talagang, which was carved out of Chakwal, will now share a National Assembly seat, NA-59, with Chakwal itself. This arrangement leads to Chakwal having one independent NA seat, and Talagang securing one provincial assembly seat, PP-23. PP-22 will be referred to as Chakwal-cum-Talagang.

    Similarly, Murree will not have an independent NA seat but will be included in NA-51, referred to as Rawalpindi-cum-Murree. Nonetheless, Murree will have representation in the provincial assembly with PP-06.

    These changes also entail a reduction in the number of national and provincial assembly seats for some districts. Dera Ghazi Khan, for instance, will see a decrease from four to three NA seats and a reduction from eight to six provincial assembly seats. Muzaffargarh, too, will experience a decrease, with two fewer NA seats, resulting in a drop from six to four NA seats, and a reduction in provincial assembly seats from 12 to eight.

    Gujranwala and Hafizabad, despite Gujranwala’s sizable population of 5.95 million, will collectively have only five seats, despite the potential for an additional independent seat. Dera Ghazi Khan is also set to lose one NA seat and two provincial assembly seats.

    These changes in seat allocations underscore the evolving political landscape in Punjab, reflecting efforts to ensure fair and equitable representation for all regions within the province.

  • Not going to take part in  upcoming elections, says Shahid Khaqan Abbasi

    Not going to take part in  upcoming elections, says Shahid Khaqan Abbasi

    Former Prime Minister, Shahid Khaqan Abbasi has revealed in an interview with Nadeem Malik on Samma TV that he is not going to take part in the upcoming elections in the current political environment.

    The senior politician said that he is unable to give a final word on elections as he has not consulted the people of his constituency on this matter.

    Abbasi emphasized that he asked Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif to find a solution for the bad economic situation in the country.

    “I have told Nawaz Sharif that all political leaders can sit together and solve the country’s problems,” he added.

    The former prime minister stated that PML-N president Shehbaz Sharif and Vice President Maryam Nawaz are not his leaders. “Nawaz Sharif is my leader,” Abbasi firmly stated.

  • No chance of Nawaz Sharif’s arrest, says Ishaq Dar

    No chance of Nawaz Sharif’s arrest, says Ishaq Dar

    Senior leader of the Pakistan Muslim League-Nawaz (PML-N) and former finance minister Ishaq Dar has said that there is no chance of the party supremo Nawaz Sharif getting arrested on his return to Pakistan.

    In an interview with Asma Sherazi, Ishaq Dar said that Nawaz Sharif will arrive in Saudi Arabia and perform Umrah. After performing Umrah, the PML-N chief will reach Pakistan on October 21.

    He continued, “There is no chance of arresting Nawaz Sharif on his return as he will take protected custody and transit bail on return”.

    The former finance minister also mentioned that it’s a standard judicial practice to face the courts.

    Dar also stated that PML-N will clearly get a clear majority in the next election, and PML-N’s agenda is the recovery of the economy.

    The former finance minister said that the truth commission on the characters of Project Imran is included in our agenda, “however we do not want to take any action that smells of revenge,” he added.

  • Indian journalists slam govt for not giving visas to Pakistani correspondents

    Indian journalists slam govt for not giving visas to Pakistani correspondents

    Senior Indian journalist Rajdeep Sardesai expressed disappointment on his government’s continuous delay in issuing visas for Pakistani journalists, stating that if Pakistan is playing the World Cup in India, visas cannot be denied to journalists.

    Rajdeep Sardesai asked why should journalists be politically demotivated. “We should adopt the attitude of good hosts,” he remarked, saying that he will expect the same from Islamabad in the future.

    Read More: World Cup 2023: Pakistani cricket presenter Zainab Abbas sent back from India due to safety concerns

    It should be noted that the head of the Pakistan Cricket Board (PCB), Zaka Ashraf, contacted Foreign Secretary Cyrus Sajjad Qazi in regards to the issuance of Indian visas to Pakistanis for the cricket World Cup.

    Here are some more reactions of Twitter users:

  • ECP reserves decision on PTI election symbol

    ECP reserves decision on PTI election symbol

    A five-member bench headed by chief election commissioner Sikandar Sultan Raja heard a petition filed by Istehkam-e-Pakistan Party’s (IPP) leader Auwn Chaudhry regarding the withdrawal of Pakistan Tehreek-e-Insaf’s (PTI) election symbol.

    During the hearing, Aun Chaudhry’s lawyer said that PTI should not be given the bat symbol, on which the CEC said that PTI has already been given the bat symbol.

    The Election Commissioner also said that the case related to the PTI election symbol is already under hearing in the ECP, to which one of the petitioner’s lawyers asked to link their application with the same case.

    Later, the ECP reserved its decision regarding the election symbol of PTI.