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Govt likely to get mini budget approval from NA, Senate today

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Govt likely to get mini budget approval from NA, Senate today

The federal government is all set to introduce Rs 170 billion mini budget (Supplementary Finance Bill 2023) in parliament, for which separate sessions of the National Assembly and Senate have been summoned.

The government has decided to get the approval of the Supplementary Finance Bill 2023 from both the Senate and National Assembly today (Wednesday) to meet the conditions of the International Monetary Fund (IMF) for the revival of its stalled loan programme.

According to the sources, Tax Laws Amendments Ordinance, 2023 to be promulgated to impose additional taxes of Rs. 170 billion would include a one percent increase in the standard rate of sales tax from 17 percent to 18 percent and withholding tax on banking transactions of non-filers.

The finance bill will be presented in the National Assembly today (Wednesday) and Finance Minister Ishaq Dar will brief the House regarding the bill. The mini-budget will be then presented in the Senate after passage from the Lower House of the Parliament.

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In this regard, Senate session will be held at 4pm under the chairmanship of Chairman Sadiq Sanjrani. The finance bill has proposed the imposition of taxes worth Rs170 billion, while the cabinet has already approved the financial bill to impose new taxes.

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PM offers nawafil at Roza-e-Rasool in Madinah

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PM offers nawafil at Roza-e-Rasool in Madinah

Caretaker Prime Minister Anwaarul Haq Kakar visited Masjid-e-Nabvi (the Prophet’s Mosque) in Madinah and paid his respects at Roza-e-Rasool (SAW). 

The prime minister offered nawafil at the Roza on Wednesday evening. Afterwards, the caretaker prime minister visited the International Fair and Museum of the Prophet (SAW)’s Biography and Islamic Civilization, located adjacent to Masjad-e-Nabvi.

Dr Nasir Misfir Al-Zahrani, Secretary of the Board of Directors of the Prophet (SAW)’s Museum, warmly welcomed the prime minister. 

The prime minister was given a comprehensive briefing on the historical museum, which showcases the life and teachings of Prophet Muhammad (SAW) as well as the Islamic civilisation.

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PM Kakar expressed his deep appreciation for the museum and applauded the efforts made to preserve and present the rich Islamic heritage.

As a token of appreciation, Dr Nasir Misfir Al-Zahrani presented the prime minister with a shield and books, symbolising the cherished connection between Pakistan and Saudi Arabia in promoting Islamic heritage and fostering mutual understanding.

The museum chronicles the Prophet (SAW)’s journey and highlights significant events and teachings through multimedia. It also showcases Islamic civilisation’s achievements in various fields. The museum promotes interfaith dialogue and understanding, fostering respect for diverse beliefs and cultures.

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Preparations for Eid-e-Milad in full swing across country

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Preparations for Eid-e-Milad in full swing across country

The Muslims all over the world, and in Pakistan, are marking the birth of Prophet Muhammad (Peace be upon him) on Friday (tomorrow). 

Preparations for the celebration of Eid-e-Milad began with the sighting of Rabiul Awwal moon. Enthusiasm of the faithful has peaked across Pakistan; buildings and mosques have been illuminated not only in big cities but in villages also. Streets have been decorated and illuminated to mark the day. 

There will be a national holiday on the occasion. Processions will also be taken out in which models of holy Kaaba and the Gumbad-e-Khizra (green dome) will be carried. 

Children prepare models in streets according to their passion. 

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Special prayers, gatherings, and recitation of the Quran will also be arranged all over the country. Food will also be shared with the poor. 

The Muslims in India, Bangladesh and other countries in the region will also celebrate Eid-e-Milad. 

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CJP Isa reprimands lawyer for not presenting arguments in tax case

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CJP Isa reprimands lawyer for not presenting arguments in tax case

 Chief Justice Qazi Faez Isa on Thursday reprimanded a senior counsel for not presenting arguments related to the case. 

CJP Isa conducted hearing of the tax revision case. 

The chief justice, while expressing his indignation at not giving arguments, asked lawyer Fayaz Shirazi to present arguments on the merits of the case. “Tell me if your application is admissible,” the CJP said. 

Lawyer Shirazi said his case was time barred. The CJP said the court wanted to hear his case and he was saying the case was time barred. “You are not a clerk but a senior advocate of the Supreme Court,” he remarked. 

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Justice Isa said he had great respect for him for being a senior lawyer of the apex court. In his remarks, CJP Isa further said that filing such cases affected fixing of other cases.

The chief justice rejected the review petition for not presenting arguments by the lawyer.

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