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FCC dismisses FBR appeals, declares Section 7E unconstitutional

ISLAMABAD: The Federal Constitutional Court (FCC) on Thursday declared Section 7E of the Income Tax Ordinance, 2001, declaring it unconstitutional, struck it down, and dismissed appeals filed by the Federal Board of Revenue (FBR) seeking its restoration. The court stated that the provision “shall be deemed not to have been part of the Income Tax Ordinance … Read more

Pioneering CNN founder Ted Turner dead at 87

Cable News Network upended established broadcasting with its dedication to around-the-clock breaking news In this file photo Ted Turner, owner of TNT networks and his wife actress Jane Fonda are seen entering for an award ceremony in New York. Photo: Reuters NEW YORK: Ted Turner, the flamboyant US entrepreneur who transformed television news with the … Read more

PSX extends bullish run, surges over 1,480 points

[ Overall market participation was strong, as 1,066 million shares were traded with a total value of Rs. 49 billion. KEL led the volume chart, with 195.8 million shares..Photo: Express KARACHI: The Pakistan Stock Exchange (PSX) extended the bullish mode on Thursday, with the benchmark KSE-100 Index climbing more than 1,480 points in the first … Read more

Pakistan defeated an enemy five times larger than itself in Marka-e-Haq: DG ISPR

Senior officers from Pakistan Navy, Pakistan Air Force are also present alongside the DG ISPR during the briefing DG ISPR Lt Gen Ahmed Sharif Chaudhry. SCREENGRAB Director General of Inter-Services Public Relations Lt Gen Ahmed Sharif Chaudhry on Thursday said that Pakistan inflicted a crushing defeat on a five times larger enemy across all fronts … Read more