Foreign assets worth Rs. 1 trillion to be declared in current amnesty

The current tax amnesty, due to end 30th June, is expected to have Rs. 1 trillion declared with assets in United Arab Emirates (UAE) taking the lead. According to reports, Rs. 346 billion or nearly one third of total, has come from UAE, followed by Switzerland (Rs114.8 billion), UK (Rs89.7 billion), Singapore (Rs87.3 billion) and British Virgin Islands (Rs48.9 billion).

Unregistered doctors become FBR’s next target

The Federal Board of Revenue (FBR) has decided to include unregistered doctors into tax net, in order to broaden the tax base. FBR has given Pakistan Medical and Dental Council (PMDC) to submit details of its members within 10 days. Most doctors registered with PMDC are not filing their tax returns, despite it being mandatory requirement by the board.

Disciplinary action to be taken against PTI leader

Masroor Ali Siyal, PTI leader from Karachi, will be facing strict disciplinary action for assaulting President of Karachi Press club during a a talk show, says Prime Minister’s Special Assistant on Political Affairs Naeemul Haque. In the aftermath of the scuffle, video of which has gone viral, PTI leaders have also been temporarily barred from Karachi and Lahore Press clubs.

Modi ‘pained’ by the torturous lynching of Muslim man

Indian Prime Minister Narendra Modi, who has always faced criticism for not speaking against oppression on Muslims and other minorities by Hindu vigilantes, has finally stood up for Tabrez Ansari. Speaking in the upper House of Parliament, Modi said that he is ‘pained’ due to the killing of the 24 year old and those responsible should be given ‘harsh punishment’.

UK increases its financing to support businesses in Pakistan

The United Kingdom (UK) has decided to increase its funding from 400 million pounds to one billion pounds, in order to finance projects and encourage British firms to set up in Pakistan. As Pakistan’s rating improves on the World Bank’s ease of doing business index, UK will provide direct lending into projects like infrastructure, roads, hospitals, and schools.

Muslim man in India lynched on video in a case of religious violence

Indian police has arrested 11 people after a 10-minute video went viral showing a Muslim man being beaten up by group of men. Tabrez Ansari, 24, who later succumbed to his wounds, was tied to a pole, was tortured and forced to shout “Jai Shri Ram” (Hail Lord Ram). Hindu vigilantes accused Tabrez had carried out burglary in Jharkhand.

IHC announces rule for second marriage

The Islamabad High Court has declared that the permission in writing from the arbitration council is mandatory for second marriage, even if the husband has prior permission from the first wife. The court said that under the Muslim Family Law Ordinance 1961, the person doing second marriage without permission is liable to punishment and fine or both.

Daughter of Uzbekistan’s late leader returns $1 billion to state

Gulnara Karimova, daughter of late Islam Karimov of Uzbekistan, was sentenced to 10 years behind bars in 2017 on charges of fraud and money-laundering. The jailed Karimova has now begged her father’s successor to release her after claiming she gave 1.2 billion dollars (one billion euros) of her “personal assets” to the state in interest of republic’s budget.

PM House no longer to be converted into a university

After spending a total of Rs 30 million on feasibility report of grand plan to convert Prime Minister House in Islamabad into a fully operational university for masses, the government is now planning to set up an engineering institute instead. The institute will offer research and academic facilities from Masters to PhD in fields of engineering and emerging technologies.

Letting Google launch Android was my greatest mistake: Bill Gates

America’s business tycoon and co-founder Microsoft, Bill Gates has recently revealed that his biggest mistake ever was giving Google the opportunity to launch Android, which eventually led ‘Microsoft to not be what Android is’. Gates further stated that, Android became the non-Apple phone, which Microsoft phones could have been. However, his decision led to doom of Windows phones.