Cabinet approves levy of 40% tax on banks windfall profit of 2021-22. In a pivotal move on Wednesday, the Pakistani federal cabinet, under the leadership of Caretaker Prime Minister Anwaar-ul-Haq Kakar, sanctioned a 40% tax on windfall profits amassed by banks through foreign exchange transactions during the years 2021 and 2022. This decision, proposed by […]
Day: November 15, 2023
Mohammad Hafeez replaces Mickey Arthur as PCB’s director cricket
Mohammad Hafeez replaces Mickey Arthur as PCB’s director cricket. The Pakistan Cricket Board (PCB) has announced the appointment of former cricketer Mohammad Hafeez as the “Director Pakistan Men’s Cricket Team,” a move that sees him taking over from Mickey Arthur. This significant development unfolded shortly after Babar Azam decided to relinquish the captaincy across all […]
India secures world cup final berth with convincing win over New Zealand
India secures world cup final berth with convincing win over New Zealand. In a compelling semi-final clash at Mumbai’s Wankhede Stadium on Wednesday, India triumphed over New Zealand, breaking the Kiwis’ jinx and earning a spot in the World Cup 2023 final. The Blues delivered a stellar performance, inflicting a 70-run defeat on New Zealand […]
Punjab schools and offices get holiday on Nov 18
Punjab schools and offices get holiday on Nov 18. In a significant move to address the escalating smog crisis in Punjab, the Caretaker Chief Minister, Mohsin Naqvi, declared the closure of schools and offices across the province on Saturday, November 18. This decision comes as a response to the air quality deterioration, with the concentration […]
Women can perform Hajj without mehram
Women can perform Hajj without mehram. The Council of Islamic Ideology has granted conditional approval for women to embark on the Hajj pilgrimage without the traditional requirement of a mehram, a male companion. This decision, rooted in the jurisprudence of Jaafriya, Maliki, and Shafi’i, acknowledges the possibility for women to engage in the sacred pilgrimage […]