Islamabad, May 5, 2025 — The Finance Ministry on Monday defended the recently issued Tax Laws (Amendment) Ordinance, 2025, saying it aims to plug legal and administrative gaps in the tax system and ensure fair and efficient tax enforcement.
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Blake Lively finally speaks out amid Justin Baldoni controversy
Blake Lively has finally spoken out—though carefully—about her legal battle with actor and director Justin Baldoni, marking the first time she has addressed the matter publicly.
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SAI criticizes minimal rate cut, urges reduction to single digits
KARACHI: The SITE Association of Industry (SAI) has expressed strong dissatisfaction over the State Bank of Pakistan’s (SBP) recent decision to cut the benchmark policy rate by just 1%, terming the move inadequate and disconnected from the economic needs of the industrial sector.
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PSL 10 Match 25: Peshawar Zalmi outclass Multan by 7 wickets
Multan, May 5, 2025 — In a one-sided encounter of the Pakistan Super League (PSL) Season 10, Peshawar Zalmi delivered a commanding all-round performance to crush Multan Sultans by seven wickets, chasing down a modest target of 109 with 42 balls to spare.
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Apple launches 2025 Pride Collection celebrating love and identity
In celebration of Pride Month, Apple has unveiled its 2025 Pride Collection, highlighting its ongoing commitment to the LGBTQ+ community through bold new designs and meaningful support.
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FBR dismisses senior IR officer over NAB corruption findings
Islamabad, May 5, 2025 – The Federal Board of Revenue (FBR) has officially dismissed a senior Inland Revenue Service (IRS) officer following serious corruption charges substantiated in a comprehensive investigation by the National Accountability Bureau (NAB).
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RCCI opposes FBR authority to seize bank accounts
Rawalpindi, May 5, 2025 – The Rawalpindi Chamber of Commerce and Industry (RCCI) has voiced strong opposition to the sweeping powers granted to the Federal Board of Revenue (FBR) through a newly promulgated tax ordinance, warning that such unchecked authority could gravely undermine business confidence and economic activity.
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PMD Forecasts Rain for Sindh on May 6, 2025
Islamabad, May 5, 2025 – The Pakistan Meteorological Department (PMD) has predicted rainfall and thunderstorms for parts of southeastern Sindh on Tuesday, May 6, 2025, as changing weather patterns begin to affect southern regions of the country.
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KIBOR – Karachi Interbank Offered Rates on May 5, 2025
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Monday, May 5, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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PKR vs USD – May 5, 2025: rupee slides to 281.22 against dollar
Karachi, May 5, 2025 – The Pakistani rupee continued its downward trajectory against the US dollar, closing at PKR 281.22 in the interbank market on Monday.
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