Aftab Maken ISLAMABAD: The FBR’s Anti-Benami Initiative has confiscated two valuable properties in the capital, marking the first time immovable assets have been seized under the Benami Transactions (Prohibition) Act of 2017. The plots, located in the desirable Block H of the Pakistan Employees Cooperative Housing Society (PECHS), are now …
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The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 150 million on Kingdom Valley (Pvt.) Limited for misleading advertisements concerning its housing project. Acting on a suo motu notice, CCP’s Office of Fair Trade initiated an investigation and found that the company: Falsely advertised its project as …
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Aftab Maken Islamabad The National Accountability Bureau (NAB) has decided to auction several properties owned by Bahria Town. A public notice has been issued, marking the beginning of the process. According to NAB, six properties belonging to Bahria Town’s founder and chairman, Malik Riaz, will be auctioned. These include five …
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Aftab Maken Islamabad A recently formed Senate sub-committee, tasked with investigating alleged tax evasion worth billions of rupees within Pakistan’s cigarette industry, is now at the center of a significant controversy. Serious objections have been raised regarding the inclusion of senators with direct and past ties to the tobacco sector, …
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Dr. Zia-ul-Qayyum, the Executive Director of the Federal Higher Education Commission (HEC), has been sacked from his position due to what has been officially described as unsatisfactory performance. The decision was made during a meeting of the HEC held on Wednesday, which was chaired by the Commission’s Chairman, Dr. Mukhtar. …
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The Federal Board of Revenue (FBR), under the jurisdiction of Regional Tax Office-II, carried out a major operation and uncovered alleged tax evasion exceeding Rs 100 million by a well-known fashion brand. As part of the operation, four of the brand’s outlets were sealed. In an official statement, the FBR …
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Tensions between the Chairman of the Higher Education Commission (HEC), Dr. Mukhtar Ahmed, and Executive Director Dr. Zia-ul-Qayyum have escalated significantly. With only three months remaining in the extended tenure of Chairman Dr. Mukhtar Ahmed, he has issued three explanation letters to Dr. Zia-ul-Qayyum. Following these communications, a meeting of …
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inDrive, the global peer-to-peer ride-hailing and delivery platform, has achieved its highest-ever growth in Pakistan’s delivery services during March 2025, with a record-breaking surge in demand during the week of Eid. As families gathered for iftars, shared Eid gifts, and businesses prepared for one of the busiest retail periods of …
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A 23-year-old female student of the International Islamic University Islamabad (IIUI) was shot dead at a private hostel in the G-10/1 sector of the federal capital, police confirmed on Monday. According to FIR, the tragic incident occurred in the early hours of Sunday when an unidentified armed man gained access …
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The Punjab School Education Department has formally requested the commencement of summer vacations from June 1st, in line with the annual academic calendar. A summary proposing the start of vacations from June 1st has already been sent to the Chief Minister, Maryam Nawaz Sharif. Secretary for Education, Khalid Nazir Wattoo, …
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