PM’s education reform programme needs additional Rs1bn

ISLAMABAD: The Prime Minister’s Education Reform Programme launched in 2016 for repair and maintenance of schools in Islamabad is facing a delay and according to a revised PC-1 requires an additional amount of Rs1 billion for completion. The project, a brainchild of former Prime Minister Nawaz Sharif, was to complete in two phases. It was […]

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Ogra asked to keep room for higher levy in oil prices

ISLAMABAD: The government is expected to pass on partial benefit of reduction in the prices of petroleum products to consumers to mop up additional revenues during the month of June. In this regard, the Ministry of Finance has asked the Oil & Gas Regulatory Authority (Ogra) to formulate its summary for revision in oil prices […]

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Sindh CM to review suggestions for reopening local businesses

KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Thursday called a meeting to review suggestions from trade bodies to reopen local industries, businesses and restaurants. The CM met with a business delegation led by Businessmen Group Chairman Siraj Kassam Teli including representatives from the Karachi Chamber of Commerce and Industry, Federation of Pakistan Chambers […]

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Private sector sputters, fiscal balance improves in latest data

ISLAMABAD: Latest data released in the run up to the budget shows private sector activity dropped sharply in the first ten months of the fiscal year, while the primary balance of the government improved, posting a surplus over last year’s deficit. Almost all the indicators that reflect private sector confidence showed steep declines, from demand […]

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FBR directed to simplify tax laws

ISLAMABAD: Ministry of Finance dropped several tax proposals recommended by the Federal Board of Revenue (FBR) while directing the apex trade body to focus on simplification of tax laws, procedures and removing anomalies in the budget for the next fiscal year, Dawn has learnt from knowledgeable sources. The FBR had proposed taxing few sectors to raise revenue […]

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‘Preparations continuing for T20 World Cup this year’

MUMBAI: The International Cricket Council (ICC) has said it is continuing preparations for the Twenty20 World Cup to be held in Australia this year as planned and denied reports on Wednesday that a decision had been taken to postpone the event. Media reports in India said ICC members had come to an understanding that this […]

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Tokyo Olympics just beginning race to reset themselves

TOKYO: Just two months after the unprecedented Olympic postponement, organising committee CEO Toshiro Muto was asked on Thursday about progress toward next year’s rescheduled Tokyo Games. “If you ask, are we just around the first corner of the 400-meter race, I cannot answer that question,” said Muto, speaking through an interpreter during an online news […]

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India not at risk of losing 2021 World Cup over tax immunity

NEW DELHI: India is not at risk of losing hosting rights for next year’s ICC Twenty20 World Cup despite its cricket board’s failure to secure a tax exemption for the event, a key BCCI official has said. Tax exemptions for International Cricket Council (ICC) events are listed as a requirement in host agreements and the […]

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Stokes questions India’s approach in World Cup defeat against England

LONDON: England all-rounder Ben Stokes has opened up on one of the most controversial games of the 2019 World Cup. In his new book On Fire, the all-rounder has expressed that he was startled by India’s approach in chasing 338 against England at Edgbaston, Birmingham. The lack of intent from their ‘finisher’ M.S. Dhoni combined with […]

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PCB hires Saqlain, Bradburn and Asser at key posts in High Performance Centre

LAHORE: The Pakistan Cricket Board (PCB) has made three more appointments for its newly-introduced project of the National High Performance Centre, bringing in former Test off-spinner Saqlain Mushtaq besides relieving Grant Bradburn as fielding coach to hand him a different set of responsibilities at the centre. The third appointment is that of Asser Malik as […]

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