Latest News

To discuss the judges’ letter, the IHC CJ calls for a full court meeting.

Published

2 weeks ago

Farwa

A full court conference has been called by the chief justice of the Islamabad High Court for this Tuesday in order to consider the matter of the letter of six IHC judges.

The full court session is scheduled to begin at 2:30 p.m. All judges, including district and session court judges, have been asked for comments by the chief justice’s office of the Islamabad High Court.

The development follows accusations made by six judges of the Islamabad High Court (IHC) against the nation’s intelligence services for meddling in judicial matters.

Judges Babar Sattar, Sardar Ejaz Ishaq Khan, Arbab Muhammad Tahir, Justice Mohsin Akhtar Kiyani, Justice Tariq Mehmood Jahangiri, and Justice Rafat Imtiaz are the six judges.

In response to the letter, Chief Justice Qazi Faez Isa had intimated on March 27 that the Supreme Court would convene as a full court.

The Supreme Court’s Justice Yahya Afridi has withdrawn from the suo moto case involving the letter authored by six judges of the Islamabad High Court (IHC).

Prior to this, the Islamabad High Court Bar Association petitioned the Supreme Court under the Constitution, asking for an open and impartial inquiry into the six judges’ letter that purportedly involved meddling in judicial matters.

The petitioner begged the supreme court to prosecute individuals who were found to have influenced the legal system.

The petition claimed that the judges had brought up a serious matter. “If the apex court deems it necessary, it should refer the matter to the Supreme Judicial Council for review,” it requested.

The petitioner argued that the only source of justice and defender of the Constitution was an independent judiciary. Under no circumstances can the judiciary’s independence be compromised.

How it started

A letter against the “interference of intelligence agencies in judicial matters” was sent to the Supreme Judicial Council on March 25 by six justices of the Islamabad High Court.

Earlier this month, the Supreme Court took suo moto notice and made hints about forming a full court to consider the case. Prior to that, the federal government established a one-man inquiry commission, but Tassaduq Hussain Jillani, the former chief justice, refused to allow the body to begin any proceedings.

Business

Pakistan’s gold prices continue to decline.

Published

16 hours ago

Farwa

The price of ten grams of 24 carat gold dropped by Rs 1,201 to Rs 205,418 from Rs 206,619, while the price of ten grams of 22 carat gold dropped to Rs 188,300 from Rs 189,400, according to the All Sindh Sarafa Jewellers Association.

Silver, priced at Rs. 2,620 per tola and Rs. 2,254.80 per ten grams, stayed at that level. As reported by the organization, the price of gold dropped by $11 on the global market, to $2,297 from $2,308.

Business

Price of LPG “slashed” by Rs. 20 per kilogram

Published

16 hours ago

Farwa

Sources claim that LPG rates have been lowered by Rs 20, making the cost per kilogram drop from Rs 280 to Rs 260.

It is noteworthy to remark that the costs of LPG were reduced by Rs 20 per kilogram earlier, resulting in a total reduction of Rs 40 per kilogram within a few weeks.

The price of liquefied petroleum gas for the month of May 2024 was lowered by the Oil and Gas Regulatory Authority (OGRA) on April 30.

The LPG tariffs were lowered by Rs 11.88 to Rs 238.46 per kilogram in accordance with the OGRA’s notice. On Wednesday, May 1, 2024, the new rates will go into effect.

In April of last year, the price per kilogram of LPG was Rs 250.34. pricing reduction of Rs 140.18 has resulted in a new pricing for home LPG cylinders set for May 2024 of Rs 2813.85.

The OGRA reported a drop in liquefied petroleum gas pricing in April. The price of LPG is now Rs 250.34 per kg instead of Rs 256.78 due to a reduction of Rs 6.44 per kg.

The price of the household cylinder was fixed at Rs 2954.03 for the month of April, down from Rs 3030.12, a decrease of Rs 76.9.

Business

ADB delegation stops by FBR headquarters

Published

16 hours ago

Farwa

Senior Director ADB Tariq Niazi oversaw the expedition, which also involved Sana Masood, Farzana Noshab, and Senior Public Sector Management Specialist Laisiasa Tora. The meeting included presentations from economists as well, according to an FBR press release.

The officers focused on structural and policy adjustments as they discussed the Domestic Resource Mobilization Program’s implementation at the meeting.

$300 million was given to the Pakistani government by ADB in December 2023 as a result of the hard work and dedication of FBR. Better laws, regulations, and institutional capability for the FBR were established by Sub-Program I.

With the $300 million in funding provided by the Asian Development Bank (ADB) to the Government of Pakistan in December 2023, the delegation conveyed satisfaction with the program’s effective launch.

The FBR also underlined how crucial digitization is to recording the economy and boosting productivity in a sustainable way.

In order to promote the Government of Pakistan’s Digital Tax Administration Project, both parties decided to look into measures to improve their cooperation.