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Liaqat posthumously awarded for foiling suicide attack

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(LEFT to right) President Asif Ali Zardari confers the Sitara-i-Shuja’at upon the mother of Liaqat Ali, a former railway employee who thwarted a suicide attack in Attock; the Hilal-i-Imtiaz upon playwright Asghar Nadeem Syed, and cricketer Shahid Afridi at an investiture ceremony held at Aiwan-i-Sadr.—X/@PresOfPakistan ISLAMABAD: Muhammad Liaqat, a railway employee who thwarted a suicide attack in Attock, was among several Pakistani nationals and foreigners who were conferred civil awards by President Asif Ali Zardari on Wednesday in recognition of their outstanding services in various fields. President Zardari posthumously awarded the Sitara-i-Shujaat to Liaquat for his extraordinary bravery and sacrifice, following the recommendations from Prime Minister Shehbaz Sharif and Punjab Governor Sardar Saleem Haider. The civil gallantry award was received by the deceased’s mother. Liaqat embraced martyrdom after courageously intercepting a suicide attacker nea...
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Major among five soldiers martyred during operation in Balochistan’s Barkhan: ISPR

A major-ranked officer was among five soldiers martyred during an area sanitisation operation in Balochistan’s Barkham district, said the Inter-Services Public Relations (ISPR) on Wednesday. At least seven terrorists were also killed during the operation. According to a statement by the military’s media wing, the operation, carried out by the Pakistan Army and Frontier Corps Balochistan, took place in Barkham district’s Nosham area and targeted members of Fitna al Hindustan — a term used by the state to designate terrorist organisations in Balo­chistan. “During the operation, a group of terrorists was located and engaged by troops. During [the] fire exchange, seven terrorists of Indian-backed Fitna al Hindustan were sent to hell,” ISPR said, adding that weapons, ammunition and explosives were also recovered from the killed terrorists. “However, during intense fire exchange, five brave sons of soil, including a field officer, met the ultimate sacrifice and embraced shahadat (mart...
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Unyielding stances

GLOBAL suffering continues as uncertainty over the fate of the war in the Middle East refuses to dissipate. Market analysts and decision-makers have repeatedly warned that the economic damage already wrought — and worsening daily as vital shipping routes through the Strait of Hormuz remain closed — could take months, in some cases years, to reverse. Every day that passes without clarity on how and when the war will end introduces fresh intensity to the uncertainty roiling global markets and adds to the economic turmoil the world must bear because of it. Iran may have been pummelled militarily but refuses to accept defeat. The consensus in foreign intelligence circles is that it may be able to endure for a lot longer before economic pressure forces it to reconsider its position. The US, for its part, seems to be losing the endgame, with its leadership’s obduracy drawing it deeper into a quagmire which is not easy to exit. ...
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Bannu attack

THE attack was audacious and well-coordinated. On the night of May 9, terrorists struck a police outpost in KP’s Bannu district , martyring 15 officers and injuring three, according to official reports. An explosive-laden truck rammed into the post, followed by what seems to have been a coordinated assault from multiple directions involving heavy weaponry and drones. This suggests sophistication in terrorist tactics, and it seems the sole purpose of the attack was to cause maximum casualties. It is yet another grim reminder of how fraught the security situation remains in the province, where terrorists have repeatedly attempted to challenge the state’s writ. The human cost, borne once again by police families, cannot be measured. Unfortunately, without a successful counterterrorism plan, chances of similar attacks by terrorists remain very high. The state must ensure that the perpetrators are brought swiftly to justice. The civilian leadership was qui...
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India's Modi to launch multi-nation tour amid global unrest

Indian Prime Minister Narendra Modi will embark this week on a multi-nation tour to the United Arab Emirates and four European countries, officials said on Monday. Modi will start his whirlwind tour from the UAE — where a 4.5 million-strong Indian community lives — on Friday, India’s foreign ministry said in a statement . Modi will meet with the UAE’s leader, Sheikh Mohamed bin Zayed Al Nahyan, with energy cooperation high on the agenda amid global supply disruptions caused by the Middle East war . “The visit will serve to promote the significant trade and investment linkages between the two countries,” the statement said. The premier will then travel to the Netherlands between May 15 and 17 on his second visit there since 2017, with defence, semiconductors and “a strategic partnership on water” between the two countries on the agenda. Modi’s visit “early in the tenure of the new government will provide an opportunity to further deepen and expand” India’s partnership with the Dutc...
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Taxing the people — a messy structure

Pakistan’s official tax discourse is mostly structured around a single question: how to collect more revenue. This narrow obsession with short-term revenue targets has produced a deeply distorted tax system that undermines growth, penalises documentation and increasingly shifts the burden onto those who are already visible, compliant and easy to tax. Instead of broadening the tax base through structural reform, successive governments have relied on incremental, often distortionary measures, such as higher rates, additional levies, withholding taxes, and temporary surcharges, to squeeze immediate revenue from the formal economy. Inevitably, the result is a regressive tax structure where compliant firms, salaried individuals and documented businesses shoulder a disproportionate burden while politically protected and informal sectors, including agriculture, retail, real estate and large parts of the services sector, remain lightly taxed despite their substantial contribution to GDP. Th...
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Budget may include income tax relief amid salary, pension freeze

ISLAMABAD: The government is considering reducing the income tax burden on salaried individuals while refraining from increasing salaries and pensions in the upcoming budget, aiming to provide equitable fiscal relief to both public and private sector employees. Informed sources told Dawn that Finance Minister Muhammad Aurangzeb has expressed a desire to lower tax rates and, if possible, raise the taxable income threshold for the salaried class in recognition of their significant contribution to revenue generation compared to retailers, wholesalers, exporters, and real estate players. On the other hand, the government may keep salaries and pensions uncha­nged at current levels, using the resulting fiscal savings to provide tax relief instead. “There is no reason to increase salaries if it pushes employees into hig­her taxable income brackets, leaving government employees with little to no increase in take-home pay,” an official said. He added that with lower tax rates and higher taxa...
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