Author: i2wtc

CJ highlights impact of tax litigation on economy, calls for improved coordination to resolve tax disputesChief Justice of Pakistan Yahya Afridi. Photo: Supreme Court of Pakistan/ File Chief Justice of Pakistan Yahya Afridi has called for better coordination between tax authorities and the judiciary and stressed the need to prioritise and fast-track high-value, long-pending tax cases. He also emphasised establishing a permanent institutional framework to resolve such disputes, according to an official Supreme Court statement. The chief justice made these remarks on Saturday while chairing a high-level meeting focusing on developing a sustained and institutional mechanism to address long-pending and…

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Photo taken on Dec. 23, 2025 shows an oil tanker anchored in Lake Maracaibo, in the state of Zulia, Venezuela. (Str/Xinhua)BEIJING, Jan. 3 (Xinhua) — The U.S. military incursion into Venezuela and the action against its President, Nicolas Maduro, as announced by the U.S. administration, once again lays bare Washington’s reliance on unilateral force to shape outcomes beyond its borders.This aggression also hollows out decades of U.S. rhetoric positioning America as the guardian of international rules. By bypassing the United Nations Security Council, Washington has again acted in direct opposition to the tenets of international law.Article 2(4) of the United…

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Dar, Wang Yi to co-chair seventh round of Pakistan–China Foreign Ministers’ Strategic Dialogue China and Pakistan will hold crucial ‘strategic dialogue’ on Sunday, as Deputy Prime Minister and Foreign Minister Senator Ishaq Dar reached the Chinese capital on Saturday, becoming the first top foreign diplomat to travel to Beijing in 2026. He will co-chair the seventh round of the Pakistan–China Foreign Ministers’ Strategic Dialogue with Chinese Foreign Minister Wang Yi, against the backdrop of several regional and international developments. A senior foreign office official said the last strategic dialogue was held in August, and the convening of the next in…

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Starmer says UK not involved, will speak to Trump and allies, calls for upholding international lawVenezuela accused US for targeting civilians. PHOTO: REUTERS Venezuela’s Interior Minister Diosdado Cabello said on Saturday his country “will overcome” a wave US military strikes which Washington said also included the capture of President Nicolas Maduro.Cabello, considered one of the most powerful men in Caracas, told a local television broadcast that “at the end of these attacks, we will overcome,” adding that “this is not our first battle against our people… we have managed to survive under all circumstances.”World reacts to US strikes on Venezuela…

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Farooq Sattar says metropolis lacks basic facilities despite huge economic contribution The Muttahida Qaumi Movement-Pakistan (MQM-P) has announced the launch of its ‘Karachi Bachao’ campaign, citing the worsening civic conditions of the country’s largest city and economic hub. The announcement was made on Saturday during a press conference at the party’s Bahadurabad headquarters. Senior leaders including Dr Farooq Sattar, Syed Aminul Haque, Haider Abbas Rizvi and others were present at the conference. The leaders highlighted Karachi’s critical problems, its pivotal role in Pakistan’s economy, and outlined their future political strategy. Addressing the media, Farooq Sattar said, Karachi must be restored…

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Facility can be suspended if customs operations are disrupted due to protests, sit-ins or road blockages Shipments at Sost Dry Port from China. Sept 25, 2025. Ibrar Khan ISLAMABAD: The federal government has granted a major tax relief package for Gilgit-Baltistan by allowing the duty and tax-free import of hundreds of items through the Sost Customs Dry Port, subject to an annual exemption cap of Rs4 billion. The facility has been introduced through a notification issued by the Federal Board of Revenue under the powers of the Customs Act 1969, Sales Tax Act 1990, Federal Excise Act 2005 and Income…

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As news spread Saturday of President Donald Trump’s removal of Venezuelan President Nicolas Maduro, a split screen emerged in Congress: Republicans largely celebrated the military operation, while Democrats condemned the president’s actions and questioned their legality. After months of pressure on Maduro, Trump announced on Truth Social that the U.S. had assisted in a “large scale strike” against the country and its leader, who was captured along with his wife, Cilia Flores, and is being brought to the U.S. “Trump rejected our Constitutionally required approval process for armed conflict because the Administration knows the American people overwhelmingly reject risks pulling…

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Deputy PM/FM is first international dignitary to visit Beijing in 2026 at invitation of Chinese counterpartDar departs for Beijing to co-chair seventh foreign ministers’ strategic dialogue with China Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar departed for Beijing to co-chair, with Chinese Foreign Minister Wang Yi, the seventh Pakistan-China Foreign Ministers’ Strategic Dialogue. The event is to be held on January 4. The Ministry of Foreign Affairs, in a post on X (formerly Twitter), stated that Dar is the first foreign dignitary to visit China in 2026, at Yi’s invitation. Deputy Prime Minister and Foreign Minister Senator…

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President Donald Trump said the U.S. is going to temporarily take over governing Venezuela after launching a large-scale surprise attack on the country overnight.”We are going to run the country until such time as we can do a safe, proper and judicious transition,” Trump said in a press conference Saturday morning from his Mar-a-Lago residence in Palm Beach, Florida.The Venezuela operation “was one of the most stunning, effective and powerful displays of American military,” Trump said. “Not a single American service member was killed, and not a single piece of American equipment was lost, many helicopters, many planes, many people involved in that…

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FO accuses India of deflecting blame, reiterates position on Kashmir and water sharingForeign Office Spokesperson Tahir Hussain Andrabi. PHOTO: Radio Pakistan Pakistan’s Ministry of Foreign Affairs on Saturday rejected remarks attributed to India’s External Affairs Minister S. Jaishankar and reiterated its position on the Indus Waters Treaty and the disputed region of Jammu and Kashmir. In a statement issued by the Office of the Spokesperson, Tahir Hussain Andrabi said India was “seeking to deflect attention from its own troubling record as a neighbour that promotes terrorism and contributes to regional instability.” The statement referred to what Pakistan described as documented…

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