Five Lahore localities flooded by the Ravi – Pakistan

Lahore: flood water in the river finally entered the five residential locations of Lahore on Thursday morning, flooding harmful roads and houses and other infrastructure. However, timely evacuation saved residents, since none of them was found stranded in flood water, is learned. The localities suffered due to the flood included Shafiqabad, Farrakhabad and Tallat Park…

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Pakistan seeks Asian Development Bank’s support for reforms – Pakistan

• Aurengzeb urges innovative instruments, sector reforms for long -term resilience• The president of ADB says he is ready to help in the launch of Panda Bond inaugural, he hosts market diversification efforts Islamabad: Pakistan sought on Wednesday a deeper collaboration and a new support for loans based on policies of the Asian Development Bank…

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Tax overhaul, faster privatisation on government agenda – Business

Islamabad: The Minister of Finance, Muhammad Aurengzeb, presented on Wednesday a drastically simplified income tax declaration form for salaried individuals, reducing the number of required fields from 800 to only 40, as part of the government’s impulse by a predictable tax regime and accelerated privatization under its broader structural reform agenda. Speaking at a conference…

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