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Assets case: Ishaq Dar’s plea for exemption from appearance rejected

ISLAMABAD: Accountability Court adjourned the hearing of a case regarding the assets beyond the known sources of income against Federal Finance Minister Ishaq Dar till midday on Monday. The federal minister appeared before the court of judge Muhammed Bashir and requested the exemption from the personal appearance. However, his plea was turned down. The judge…

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Witnesses testify as Ishaq Dar trial begins

ISLAMABAD: Accountability Court Wednesday resumed hearing of case against Finance Minister Ishaq Dar pertaining to possession of assets beyond his sources of income. Anti-corruption watchdog National Accountability Bureau on September 8 filed a case against Dar for possessing assets beyond known sources of income following the July 28 verdict of the Supreme Court. Dar was…

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IHC dismisses Dar’s plea challenging charge sheet against him

ISLAMABAD: The Islamabad High Court (IHC) dismissed plea challenging charge sheet framed by the Accountability Court in an interim reference against Federal Minister for Finance Ishaq Dar. Justice Athir Minnallah and Justice Miangul Hassan Aurengzeb dismissed plea after hearing preliminary arguments placed by Khawaja Haris counsel for the petitioner. Before dismissing the petitions, however the…

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PML-N leadership decides to remove Finance Minister Ishaq Dar

LONDON: The leadership of Pakistan Muslim League-Nawaz (PML-N) has decided to remove Finance Minister Ishaq Dar in the wake of inquiry into corruption allegations against him, Samaa reported. According to our correspondent, the decision to take resignation from Ishaq Dar was taken at a high-level consultative meeting chaired by ousted Prime Minister Nawaz Sharif in…

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Video: PTI’s Asad Umar demands appointment of new finance minister

Pakistan Tehreek-e-Insaf (PTI) leader Asad Umar has said that the federal government should appoint such a finance minister which makes decisions about the economic situation and sets the country on a new path of development.

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Call rises for resignation of Finance Minister

A day after National Accountability Bureau (NAB) seized bank accounts and properties of Finance Minister Ishaq Dar, the call for his resignation intensified. Watch this report…

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Senate Standing Committee urges Ishaq Dar to resign

ISLAMABAD: A day after National Accountability Bureau (NAB) seized bank accounts and properties of Finance Minister Ishaq Dar, the call for his resignation intensified. On Wednesday, NAB sprang into action against Dar after an accountability court initiated proceedings against him in a corruption reference. NAB also wrote to district governments, asking them to stop any…

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Video: Sheikh Rasheed once again calls for Ishaq Dar’s resignation

President of Awami Muslim League (AML) Sheikh Rasheed Ahmed has said that Finance Minister Ishaq Dar should step down from office if he has some self-respect left in him.

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Ishaq Dar is Pakistan’s economic hit-man, should resign: Imran Khan

NEWS DESK: After Nawaz Sharif, PTI chief Imran Khan has targeted Finance Minister Ishaq Dar. Demanding that he resign from his post, Imran said that there was more investment in the country during the tenures of former military dictator Pervez Musharraf and former president Asif Ali Zardari. He called Dar ‘Pakistan’s economic hit-man’. Watch this…

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Pakistan committed to objective of regional connectivity: Ishaq Dar

URUMQI: Finance Minister Ishaq Dar Thursday said Pakistan is committed to the objective of regional connectivity as it believes that the future of people of the region lies in greater connectivity with each other’s markets. He said this while addressing inaugural session of CAREC institute. The finance minister said Pakistan seeks to expand trade and…

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Date for filing income tax returns extended till Sep 30

ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar Thursday approved extension for filing of Income Tax Returns till September 30, 2017, in the case of salaried individuals and Income Tax Statements. The extension was given under sub-section (4) of section 115 of Income Tax Ordinance, of Final Tax for Tax Year 2017, said a press statement issued…

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Dar chairs meeting to review expenditure on census

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar Saturday chaired a meeting to review financial expenditures of the 6th Population and Housing Census 2017. Following the presentation of provisional results of census to the Council of Common Interests (CCI) on August 25, 2017 the PBS team briefed the Finance Minister on the financial costs incurred on…

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Revenue collection increases 70 percent in four years: Dar

ISLAMABAD: The revenue collection by Federal Board of Revenue (FBR) increased by around 70 percent during the four years of Pakistan Muslim League-Nawaz (PML-N) government, Finance Minister Ishaq Dar said on Saturday. The revenue collection increased from Rs 1946 billion in 2013 to Rs 3362 billion in 2017, he said while chairing the Customs Chief…

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Fulfillment of defence requirements, top priority of government: Dar

  ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar on Wednesday said that fulfilling defence requirements was the top priority of the PML-N Government. The Finance Minister was talking to Chief of the Air Staff,  Air Chief Marshal Sohail Aman, who called on him here, according to statement issued by the Finance Ministry. Dar said that…

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Ishaq Dar takes notice of sugar price hike

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar Tuesday took strong notice of media reports regarding hike in the sugar prices. The finance minister directed relevant federal secretaries to immediately contact provincial governments regarding the matter, a press statement said. The minister directed for bringing stability in the price of sugar. – APP

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Ishaq Dar announces new petroleum prices

ISLAMABAD: Federal Finance Minister Ishaq Dar has announced that the price of petrol has been slashed by Rs1.80 per litre for the period starting from August 5 until midnight on August 31, 2017. The new prices will take effect from Saturday midnight. The finance minister said that diesel price has come down by Rs2.50 per litre.  The prices…

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Post-Brexit UK will not slash taxes: finance minister

LONDON: Britain will not cut tax and regulations after Brexit in an attempt to undercut its European rivals, finance minister Philip Hammond has said, after previously threatening to do just that. Hammond said Britain’s economic, social and cultural model would remain “recognisably European” after it left the European Union. His comments to French newspaper Le…

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Ishaq Dar holds no iqama, residence permit: Spokesman

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar doesn’t have an iqama or residence permit of any foreign country, his spokesman said. The finance minister has categorically said he doesn’t have the nationality of any other country except Pakistan. The spokesman clarified that Senator Dar was professionally engaged as financial adviser in UAE from 2002 to…

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Dar, US NSA hold telephonic conversation

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar and US National Security Advisor Lieutenant General Herbert Raymond McMaster had a telephonic conversation Tuesday evening. The two leaders discussed matters of bilateral interest and recalled their meeting in Washington D.C. on April 25, 2017 in which they had held a detailed discussion on working together to take…

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Inconclusive JIT report full of flaws: Ishaq Dar

ISLAMABAD: Minister for Finance Ishaq Dar on Tuesday said the inconclusive report of Joint Investigation Team (JIT) was full of gaps, weaknesses and flaws. Speaking at a press conference flanked by Railways Minister Saad Rafique, he said, “I cannot understand why the JIT failed to reconcile the financial statements. Either it has no capacity or…

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Govt cuts petrol price by Rs. 1.50 per litre

ISLAMABAD: Federal government has revised the prices of the petroleum products for the next month. Briefing media in Islamabad on Friday, Finance Minister Ishaq Dar said that the price of Petrol and High speed diesel has been reduced by 1.50 rupees per liter each. The new price of petrol will be 71.30 rupees and High…

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