Author: capital

ISLAMABAD: The government offered substantial tax concessions to facilitate the sale of Pakistan International Airlines (PIA), which incurred losses of Rs500 billion since 2015, said Privatisation Adviser Muhammad Ali on Wednesday. Speaking at a joint news conference with Information Minister Attaullah Tarar, Muhammad Ali displayed a presentation that implicitly held the three major political parties responsible for PIA’s decline over the past 15 years. According to the briefing, PIA was profitable between 1989 and 2009, but started incurring losses from 2008 onwards. The presentation highlighted that the airline’s decline began…

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LAHORE: The Punjab Assembly on Wednesday passed the Punjab Regulation of Kite Flying Bill 2025 with a majority vote, introducing stringent punishments and heavy fines to regulate kite flying across the province in a bid to safeguard human life and property. The new legislation imposes a complete ban on the use of metallic wire, nylon string, and chemically or glass-coated kite strings, commonly known as manjha, which have been blamed for numerous fatal accidents in the past. The law also prescribes strict penalties for flying, manufacturing, storing, or selling kites…

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MUZAFFARABAD: Prime Minister Shehbaz Sharif on Wednesday said Pakistan’s youth were the country’s greatest strength and investment in their education and skills was an investment in the future. Addressing the ceremony as he formally launched the distribution of laptops under the Prime Minister’s Youth Laptop Programme in Azad Jammu and Kashmir at the University of Azad Jammu and Kashmir (UAJK), the prime minister said the laptops were not merely machines but a means to connect young people with the world, knowledge and opportunity. He cited success stories of students who,…

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The nation is celebrating 149th birth anniversary of the ‘Father of the Nation’ Quaid-e-Azam Muhammad Ali Jinnah today with renewed pledge to uphold his guiding principles of Faith, Unity and Discipline on Thursday. It is a public holiday today. The day dawned with 31-gun salutes in the federal capital and 21-gun salute at provincial capitals, while special prayers were offered at the mosques after Fajr prayer for the departed soul of the ‘Father of Nation’ and peace, prosperity and development of the country. National flag has been hoisted atop all…

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