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Showing posts from October, 2024

GCC calls for immediate ceasefire in Lebanon

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The Gulf Cooperation Council (GCC) called for an immediate ceasefire in Lebanon, reaffirming its unwavering support for the country’s sovereignty, security, and stability. GCC Secretary General Jasem Mohamed Albudaiwi the necessity of an immediate ceasefire and the importance of avoiding military escalation along the Lebanese-Israeli border, protecting civilians, exercising restraint. He also called for refraining from engaging in regional conflicts to prevent the expansion of the dispute in the region. The GCC secretary general reiterated the position outlined in the ministerial statement, stressing the implementation of the Security Council resolution. The resolution urged Israel to respect Lebanese borders and extension of the Lebanese government’s authority  to exercise control over its territories, in accordance with relevant Security Council resolutions and the Taif Agreement. “This is essential for Lebanon to fully exercise its sovereignty, ensuring that no weapons exist w

Business community seeks extension for income tax return filing

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KARACHI: Pakistan’s business community on Monday demanded a 30-day extension in the deadline for submitting income tax returns, citing technical issues with the online tax system, ARY News reported. The Central Organization of Tajran Pakistan and Ajmal Baloch, President of All Pakistan Anjuman Tajran, highlighted that traders are facing significant difficulties due to a slow system while submitting their tax returns. They stressed that the Federal Board of Revenue (FBR) should extend the deadline, given the economic challenges and technical barriers. Although the FBR has yet to officially announce an extension, it is reportedly considering recommending the extension to the Prime Minister upon his return to the country. Sources revealed that as of September 28, nine million tax returns had been submitted, significantly higher than the 1.4 million collected by this time last year. Last week, on September 21, tax experts reported difficulties in filing clients’ income tax returns d