KARACHI – In a rare and unsettling turn of events, the metropolis of Karachi has experienced a staggering 32 earthquakes over a six-day span, from June 1 to June 6, according to data released by the Pakistan Meteorological Department (PMD).
(more…)Author: Mrs. Anjum Shahnawaz
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Budget Shock 2025-26: tax on cash withdrawal set to double
ISLAMABAD – In what is being dubbed a bombshell ahead of the federal budget 2025-26, the government of Pakistan is reportedly set to double the withholding tax on cash withdrawal from banks, a move that could shake businesses and individuals alike.
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Very hot weather conditions to grip Punjab on Eid day
LAHORE – Brace yourselves for a fiery Eid-ul-Adha as very hot weather is set to scorch most districts of Punjab on Saturday, June 7, 2025 — the first day of the festive holiday.
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Dangerous heat may shadow Eid festivities in Islamabad
Islamabad, June 6, 2025 – As Islamabad prepares to celebrate Eid-ul-Adha on June 7, the city is bracing for a wave of extreme heat that has raised concerns among both residents and health authorities. While the festive spirit of Eid fills the atmosphere, the unusually high temperatures are expected to cast a shadow over the celebrations.
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Pakistan moves forward with draft law for cryptocurrency regulation
Islamabad, June 6, 2025 – Pakistan has taken a major step toward regulating digital assets by preparing a draft law that lays the foundation for a comprehensive framework to govern cryptocurrency and virtual assets in the country.
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SSGC assures uninterrupted gas supply during Eid-ul-Adha
Karachi, June 5, 2025 – The Sui Southern Gas Company (SSGC) has officially announced an uninterrupted gas supply plan for domestic and commercial consumers across Sindh and Balochistan during the upcoming Eid-ul-Adha holidays, providing much-needed relief amid increased cooking and hospitality needs.
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Blistering heatwave set to scorch Pakistan during Eid holidays
Islamabad, June 5, 2025 – In a dramatic weather turn, the Pakistan Meteorological Department (PMD) has sounded a severe heatwave alert across the nation, warning that this year’s Eid-ul-Adha holidays could be the hottest in recent memory.
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Tax expert backs CVT for broadening tax base in budget 2025-26
Karachi, June 5, 2025 – A leading tax expert has strongly supported the implementation and expansion of the Capital Value Tax (CVT) in the upcoming federal budget 2025-26 as a strategic measure to broaden Pakistan’s tax base and improve equity in the tax system.
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Islamabad braces for intense hot weather during Eid holidays
Islamabad, June 5, 2025 – The people of Islamabad should prepare for extremely hot weather during the upcoming Eid-ul-Adha holidays.
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NEC approves Rs4.22 trillion development plan for 2025–26
Islamabad, June 4, 2025 – The National Economic Council (NEC) has approved a comprehensive development plan worth Rs4.224 trillion for the fiscal year 2025–26.
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