Connect with us

Pakistan

People behind leak of COAS General Qamar Javed Bajwa’s income tax records identified: Ishaq Dar

Published

on

  • Ishaq Dar assures the matter will reach its “logical conclusion”.
  • Law does not allow release of army chief or anyone else’s tax returns without a court order.
  • If “illegal work” is allowed or a blind eye is turned towards it then a person will not be fulfilling their duty.

ISLAMABAD: Finance Minister Ishaq Dar shared on Tuesday that he has received the interim report related to the leak of Army chief General Qamar Javed Bajwa’s income tax records, adding that they have traced some people involved in the act.

In an interview during Geo News programme ‘Capital Talk’, Dar repeated that leaking army chief’s income tax returns was “illegal”.

A day earlier, Finance Minister Ishaq Dar took notice of the “illegal and unwarranted” leakage of tax information of Gen Bajwa’s family members.

“This is clearly a violation of the complete confidentiality of tax information that the law provides,” a statement from the Finance Division had read.

In view of this serious lapse on the part of to-date unknown functionaries, Dar had directed Special Assistant to the Prime Minister on Revenue Tariq Mehmood Pasha to personally lead the probe, affix responsibility, and submit a report within 24 hours. 

“I have seen the interim report. I hope to receive the final report today,” Dar told the host during today’s show. He added that the government has found a few people behind the leak and the issue will reach its logical conclusion.

The finance czar shared that one person involved in the leak is from Lahore and another from Rawalpindi. 

However, he added that there is a possibility that some of the individuals involved may have the authorisation to look at the income tax records as there a “circle” in Rawalpindi where assessments take place.

“These people are authorised to access [data] for their assessment,” said Dar.

The finance minister was of the view that if “illegal work” is allowed or a blind eye is turned towards it then a person will not be fulfilling their duty.

“The law does not allow the release of army chief or anyone else’s income tax returns without a court order,” said the finance minister.

Pakistan will not default

Reacting to Imran Khan’s claim that Pakistan’s default risk soared from 5% to 80% during the tenure of the incumbent coalition government, the finance minister said that the PTI leaders should think that whether they were working in or against the interests of the country.

The finance czar berated the former PTI government for borrowing historic loans and ruining the economy ahead of the COVID-19 outbreak. He reiterated that Pakistan will not default and would repay loans on time. 

“They must stop the dirty politics,” he added.

Education

Students from Balochistani start their academic adventure in China.

Published

on

By

China is the destination of ten Gwadar Institute of Technology (GIT) students who are going there for school. They will be pursuing Associate Engineering Diplomas at Hebei Jiaotong Vocational and Technical College after being chosen for the Sino-Pak Dual Diploma Program.

These students had the privilege of seeing the Chinese Consul General in Karachi prior to their departure, where they were greeted with warmth and given support for their future ambitions.

These ten people, who are from Pasni, Turbat, Kech, Panjgur, Gwadar, and Surab, among other places, exemplify the talent and diversity of Balochistan.

The Government of Balochistan and the well-known Chinese corporation Tang are supporting this opportunity, which gives these youngsters a grant to help with their study overseas.

The children would want to express their sincere gratitude to the Pakistan Army and the Government of Balochistan for making this opportunity possible.

They are excited to take advantage of this opportunity to continue their studies and support Balochstan’s growth, especially through initiatives like the China-Pakistan Economic Corridor (CPEC).

Continue Reading

Latest News

Amid controversy surrounding judges’ letters, PM Sharif will meet with CJP Isa today.

Published

on

By

Today’s key meeting between Pakistan’s Chief Justice, Qazi Faez Isa, and Prime Minister Shehbaz Sharif is planned in the midst of ongoing discussions regarding a letter sent by six justices of the Islamabad High Court regarding outside meddling in court cases.

Azam Nazir Tarar, the minister of law, and Mansoor Usman Awan, the attorney general for Pakistan, are expected to accompany Prime Minister Sharif to the CJP meeting.

The meeting follows a full court session that CJP Isa called on Wednesday, with the express purpose of addressing issues brought up in a letter signed by six judges of the Islamabad High Court.

All of the participating judges carefully examined the letter’s contents during the session, analyzing both its constitutional and legal consequences. Discussions about the letter’s publication’s legal and constitutional ramifications were also included in the session.

All of the judges actively participated in the lengthy two hours and twelve minute discussion, offering their thoughts on the subject at hand.

According to sources, the top judge of Pakistan is expected to chair another full court meeting today. It is anticipated that this session would examine the letter’s contents in greater detail, with additional evaluation and discussion among the SC judges.

On Wednesday, the bar associations of the High Courts of Islamabad, Lahore, Sindh, and Balochistan urged that the CJP conduct a “transparent inquiry” into the matter and that those responsible for it face legal repercussions.

Its cabinet “strongly condemned the interference of one institution into the matters of another institution,” according to a press release from the IHCBA.

Continue Reading

Business

Changes in the US dollar’s value are directly correlated with variations in gold prices.

Published

on

By

The price of 24-karat gold in Pakistan increased by Rs1500 on Thursday, reaching Rs231,000 per tola. This was another jump in the price of gold in the country.

Dealers reported a comparable surge in the price of 10 grams of 24-karat gold, which is currently trading at Rs198,045 after rising by Rs1285. In addition, the cost of ten grams of 22-karat gold increased significantly, trading at Rs 181,541.

These fluctuations are strongly correlated with shifts in the US dollar’s value, demonstrating the tight connection between gold prices and exchange rates. This emphasizes how local gold markets are impacted by variables related to the global economy.

At Rs2,580, the price of 24-karat silver remains steady right now. The price of gold increased significantly on a global scale as well, rising by $14 to $2,214 per ounce.

It’s critical to understand that changes in the worldwide market can have a substantial impact on gold prices in Pakistan throughout the day. The gold rates that are offered are obtained from reliable sources, mostly situated in Karachi and Multan.

It is recommended that individuals seek the advice of nearby gold merchants and jewellers for the most precise and current information regarding gold prices.

Continue Reading

Trending