Oil industry rejects budgetary measures - Business

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<div id="div-gpt-ad-1683363187247-0" class="ad__wrapper__slot px-1 py-2 mb-2" data-rendered-classes="" data-name="Dawn-Responsive-Header-Leaderboard" data-height="250px" data-width="970px" data-refresh="45"> <script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1683363187247-0'); });</script> </div>  </div> <div class="container mx-auto px-2 sm:px-0"> <div class="flex"> <div class="w-full max-w-screen-md xl:pr-4 "> <article class="story relative overflow-hidden single bg-white font-georgia" data-id="1841838" id="1841838" data-layout="default" data-tags=""> <div class="flex items-baseline"> </div> <div class="template__header flow-root px-1 border-b mb-4">  <h2 dir="auto" data-layout="story" data-id="1841838" class="story__title text-7.5 font-bold font-playfair-display mt-1 pb-3 border-b border-gray-300 border-solid"><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841838/oil-industry-rejects-budgetary-measures" class="story__link ">Oil industry rejects budgetary measures </a></h2> <div dir="auto" class=" my-3 sm:ml-0 ml-1 block sm:inline-block float-none sm:float-left"><span dir="auto" class="story__byline text-3 text-gray-500 font-arial "><a class="story__byline__link" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/authors/309/khaleeq-kiani">Khaleeq Kiani</a></span><span class="divider text-3 text-gray-500 font-arial"></span><span class="story__time text-3 text-gray-500 font-arial "> <span class="timestamp--published"> <span class="timestamp--label">Published</span> <span class="timestamp--date">June 25, 2024</span> </span> <span class="timestamp--updated"> <span class="divider"></span> <span class="timestamp--label">Updated</span> <span class="timestamp--time timeago" title="2024-06-25T08:28:56+05:00"> <span class="timestamp__calendar">June 25, 2024</span> <span class="timestamp__time">08:28am</span> </span> </span></span> </div>  <div class="block sm:inline-block flow-root float-none 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class="story__content overflow-hidden text-4 sm:text-4.5 pt-1 mt-1"><p>ISLAMABAD: Claiming that the proposed federal budget 2024-25 practically cancelled the recently announced policy for setting up new and upgrading existing refineries, the oil industry has asked the government to revive the existing taxation regime, including continuing customs duty on diesel and sales tax laws on all petroleum products.</p> <p>In a representation to the federal ministers for finance and petroleum, the Oil Companies Advisory Council (OCAC)—an independent organisation formed by refineries, oil marketing companies, and a pipeline company—has conveyed the industry’s concerns over the next year’s budgetary measures.</p> <p>The OCAC said the withdrawal of the existing 10 per cent customs duty on the import of high-speed diesel (HSD) contradicted the “Pakistan Oil Refining Policy for New/Greenfield Refineries 2023” and the “Pakistan Oil Refining Policy for Upgradation of Existing/Brownfield 2023,” aimed at attracting foreign investment for new refineries and upgrading existing ones.</p> <p>The above policies allow for a 7.5pc customs duty on HSD for 25 years for greenfield projects and a 10pc duty for brownfield projects for six years.</p> <blockquote> <p>Calls for continuation of existing tax regime for POL products</p> </blockquote> <p>“Reducing the duty to zero could lead to the closure of refineries, which currently supply over 60pc of the country’s petroleum products”, said the OCAC and called for correction of this “anomaly before the federal budget 2024-25 is approved”.</p> <p>Secondly, the OCAC pointed out that the Finance Bill 2024 envisaged the exemption of sales tax on petrol, HSD, kerosene, and light diesel oil. Previously, these products were zero-rated, which meant that input sales tax on services was technically claimable against sales of these products but was piling up. “Implementation of this proposal will lead to disallowance of input tax on services for the oil industry thereby increasing their operating costs”, it said, demanding that petroleum products should be brought into taxability regime.</p> <p>Moreover, the tax commissioners currently had the authority to issue exemption certificates in cases where an individual’s income is exempt from tax or eligible for a 100pc tax credit. Additionally, the Commissioner can issue these certificates for payments related to the sale of goods, services rendered, and contract execution by both resident and non-resident individuals, subject to certain conditions. However, the new finance bill proposed withdrawing these powers.</p> <p>The OCAC pointed out that petroleum products produced by refineries have been exempt from withholding tax under the Income Tax Ordinance 2001 since the early 1990s, with the commissioner granting exemptions in accordance with the law. This exemption was provided because despite refineries’ high sales volume, their profit margins are low.</p> <p>It said that if the proposed changes in the finance bill are implemented, refineries will face significant withholding tax liabilities without corresponding income to offset it. This would impose a substantial burden on refineries, making it difficult to continue operations due to the considerable amount of cash flow that would be immobilised. “This proposal is stringent and should be deleted, as it would negatively impact refineries by creating significant financial strain and operational challenges”, the OCAC claimed. The OCAC also expressed concern over another new budgetary measure regarding commissioner’s power to reject advance tax estimate in the absence of filing of relevant information by the taxpayer.</p> <p>It said that under this proposal, the commissioner could outrightly reject the estimate and the advance tax would be calculated on turnover basis. This would create scenarios where tax refundable positions would be created at time of filing of return, while it would detrimental to the cashflow of the company. 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class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="https://web.archive.org/web/20240625073055/https://i.dawn.com/medium/2024/06/251055008318ece.png?r=105514" alt="Beauty pageant Miss AI is taking beauty standards from merely unreachable to inhuman" title="Beauty pageant Miss AI is taking beauty standards from merely unreachable to inhuman"/></picture></a></div> </figure>  <h2 dir="auto" data-layout="story" data-id="1841859" class="story__title text-3.5 font-playfair-display font-bold pt-1 pb-2 text-3.5 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://images.dawn.com/news/1192539/beauty-pageant-miss-ai-is-taking-beauty-standards-from-merely-unreachable-to-inhuman" class="story__link ">Beauty pageant Miss AI is taking beauty standards from merely unreachable to inhuman</a></h2> </article>  </div> </div>  <div class="border-t-3 border-black sm:mx-2 mx-0"> <h3 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href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841328/pakistani-women-joining-combat-courses-in-us-double-in-a-decade-report" target="_self"><picture><img class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="https://web.archive.org/web/20240625073055/https://i.dawn.com/thumbnail/2024/06/2308065834904fa.png?r=080826" alt="Pakistani women joining combat courses in US double in a decade: report" title="Pakistani women joining combat courses in US double in a decade: report"/></picture></a></div> </figure>  <h2 dir="auto" data-layout="story" data-id="1841328" class="story__title text-3.5 font-bold font-playfair-display "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841328/pakistani-women-joining-combat-courses-in-us-double-in-a-decade-report" class="story__link ">Pakistani women joining combat courses in US double in a decade: report 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src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="https://web.archive.org/web/20240625073055/https://i.dawn.com/thumbnail/2024/06/24115813a3f5ee1.jpg?r=115949" alt="South Africa beat West Indies to reach T20 World Cup semi-finals" title="South Africa beat West Indies to reach T20 World Cup semi-finals"/></picture></a></div> </figure>  <h2 dir="auto" data-layout="story" data-id="1841655" class="story__title text-3.5 font-bold font-playfair-display "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841655/south-africa-beat-west-indies-to-reach-t20-world-cup-semi-finals" class="story__link ">South Africa beat West Indies to reach T20 World Cup semi-finals</a></h2> </article>  </div> </div> </div> </div> </div>  <div class="border-t-3 border-black sm:mx-2 mx-0"> <h3 class="my-2"><a class="font-playfair-display font-bold text-6 leading-tight" 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lives" title="Editorial: Clear action is needed against terrorist groups but without upending people’s lives"/></picture></a></div> </figure>  <h2 dir="auto" data-layout="story" data-id="1841849" class="story__title font-playfair-display font-bold pt-1 pb-2 text-4 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841827" class="story__link ">Editorial: Clear action is needed against terrorist groups but without upending people’s lives</a></h2> <div dir="auto" class=" mt-1 "><span dir="auto" class="story__byline text-3 text-black "></span> </div>  <div dir="auto" class="story__excerpt text-3.5 text-black font-georgia ">The twin battles against militancy and extremism will not be easy to fight but are essential for Pakistan. </div> </article>  </div> <div class="w-full sm:w-3/4"> <div class="grid grid-cols-1 sm:grid-cols-4 gap-2 mb-4 sm:ml-2">  <article class="story relative overflow-hidden box pr-2 pb-2 md:pb-0 border-b md:border-b-0 border-r-0 sm:border-r border-gray-200" data-id="1841831" id="1841831" data-layout="story" data-tags="">  <figure class="media media--focus sm:w-full w-1/4 float-left sm:float-none mr-2 sm:mr-0 h-auto mb-0 "> <div class="media__item media__item--100 "><a title="Critical days for Modi and rivals" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841831/critical-days-for-modi-and-rivals" target="_self"><picture><img class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="https://web.archive.org/web/20240625073055/https://i.dawn.com/medium/2024/06/667a37711b679.png" alt="Critical days for Modi and rivals" title="Critical days for Modi and rivals"/></picture></a></div> </figure>  <h2 dir="auto" data-layout="story" data-id="1841831" class="story__title font-playfair-display font-bold pt-1 pb-2 text-4 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841831/critical-days-for-modi-and-rivals" class="story__link ">Critical days for Modi and rivals </a></h2> <span dir="auto" class="story__byline text-3 text-grey font-playfair-display "><a class="story__byline__link" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/authors/280/jawed-naqvi">Jawed Naqvi</a></span> </article>   <article class="story relative overflow-hidden box pr-2 pb-2 md:pb-0 border-b md:border-b-0 border-r-0 sm:border-r border-gray-200" data-id="1841853" id="1841853" data-layout="story" data-tags="">  <figure class="media media--focus sm:w-full w-1/4 float-left sm:float-none mr-2 sm:mr-0 h-auto mb-0 "> <div class="media__item media__item--100 "><a title="This time, support for a large-scale military operation will not be easy" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841832" target="_self"><picture><img class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="https://web.archive.org/web/20240625073055/https://i.dawn.com/medium/2024/06/251006342372604.jpg?r=101329" alt="This time, support for a large-scale military operation will not be easy" title="This time, support for a large-scale military operation will not be easy"/></picture></a></div> </figure>  <h2 dir="auto" data-layout="story" data-id="1841853" class="story__title font-playfair-display font-bold pt-1 pb-2 text-4 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841832" class="story__link ">This time, support for a large-scale military operation will not be easy</a></h2> <span dir="auto" class="story__byline text-3 text-grey font-playfair-display "></span> </article>   <article class="story relative overflow-hidden box pr-2 pb-2 md:pb-0 border-b md:border-b-0 border-r-0 sm:border-r border-gray-200" data-id="1841638" id="1841638" data-layout="story" data-tags="">  <figure class="media media--focus sm:w-full w-1/4 float-left sm:float-none mr-2 sm:mr-0 h-auto mb-0 "> <div class="media__item media__item--100 "><a title="Editorial: PPP is uniquely placed to facilitate dialogue imperative for Pakistan’s democracy" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841586" target="_self"><picture><img class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="https://web.archive.org/web/20240625073055/https://i.dawn.com/medium/2024/06/240852109cad9d5.png?r=085219" alt="Editorial: PPP is uniquely placed to facilitate dialogue imperative for Pakistan’s democracy" title="Editorial: PPP is uniquely placed to facilitate dialogue imperative for Pakistan’s democracy"/></picture></a></div> </figure>  <h2 dir="auto" data-layout="story" data-id="1841638" class="story__title font-playfair-display font-bold pt-1 pb-2 text-4 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841586" class="story__link ">Editorial: PPP is uniquely placed to facilitate dialogue imperative for Pakistan’s democracy</a></h2> <span dir="auto" class="story__byline text-3 text-grey font-playfair-display "></span> </article>   <article class="story relative overflow-hidden box pr-2 pb-2 md:pb-0 border-b md:border-b-0 border-r-0 sm:border-r border-gray-200" data-id="1841859" id="1841859" data-layout="story" data-tags="">  <figure class="media media--focus sm:w-full w-1/4 float-left sm:float-none mr-2 sm:mr-0 h-auto mb-0 "> <div class="media__item media__item--100 "><a title="Beauty pageant Miss AI is taking beauty standards from merely unreachable to inhuman" href="https://web.archive.org/web/20240625073055/https://images.dawn.com/news/1192539/beauty-pageant-miss-ai-is-taking-beauty-standards-from-merely-unreachable-to-inhuman" target="_self"><picture><img class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="https://web.archive.org/web/20240625073055/https://i.dawn.com/medium/2024/06/251055008318ece.png?r=105514" alt="Beauty pageant Miss AI is taking beauty standards from merely unreachable to inhuman" title="Beauty pageant Miss AI is taking beauty standards from merely unreachable to inhuman"/></picture></a></div> </figure>  <h2 dir="auto" data-layout="story" data-id="1841859" class="story__title font-playfair-display font-bold pt-1 pb-2 text-4 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://images.dawn.com/news/1192539/beauty-pageant-miss-ai-is-taking-beauty-standards-from-merely-unreachable-to-inhuman" class="story__link ">Beauty pageant Miss AI is taking beauty standards from merely unreachable to inhuman</a></h2> <span dir="auto" class="story__byline text-3 text-grey font-playfair-display "><a class="story__byline__link" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/authors/5777/images-staff">Images Staff</a></span> </article>  </div> </div> </div> </div>  <div class="border-t-3 border-black sm:mx-2 mx-0"> <h3 class="my-2"><a class="font-playfair-display font-bold text-6 leading-tight" href="/web/20240625073055/https://www.dawn.com/opinion">Opinion</a></h3> <div class="flex flex-col sm:flex-row"> <div class="w-full sm:w-1/4">  <article class="story relative overflow-hidden box pr-2 pb-2 md:pb-0 border-b md:border-b-0 border-r-0 sm:border-r border-gray-200" data-id="1841832" id="1841832" data-layout="story" data-tags="">  <figure class="media media--fill sm:w-full w-full mb-0 "> <div class="media__item "><a title="Back to the battlefield" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841832/back-to-the-battlefield" target="_self"><picture><img class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="https://web.archive.org/web/20240625073055/https://i.dawn.com/medium/2024/06/667a37d1bae24.jpg" alt="Back to the battlefield" title="Back to the battlefield"/></picture></a></div> </figure>  <h2 dir="auto" data-layout="story" data-id="1841832" class="story__title font-playfair-display font-bold pt-1 pb-2 text-4 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841832/back-to-the-battlefield" class="story__link ">Back to the battlefield </a></h2> <div dir="auto" class=" mt-1 "><span dir="auto" class="story__byline text-3 text-black "><a class="story__byline__link" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/authors/57/arifa-noor">Arifa Noor</a></span> </div>  <div dir="auto" class="story__excerpt text-3.5 text-black font-georgia ">The environment in 2008 was very different when large-scale operations were launched. </div> </article>  </div> <div class="w-full sm:w-3/4"> <div class="grid grid-cols-1 sm:grid-cols-4 gap-2 mb-4 sm:ml-2">  <article class="story relative overflow-hidden box pr-2 pb-2 md:pb-0 border-b md:border-b-0 border-r-0 sm:border-r border-gray-200" data-id="1841831" id="1841831" data-layout="story" data-tags="">  <figure class="media media--focus sm:w-full w-1/4 float-left sm:float-none mr-2 sm:mr-0 h-auto mb-0 "> <div class="media__item media__item--100 "><a title="Critical days for Modi and rivals" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841831/critical-days-for-modi-and-rivals" target="_self"><picture><img class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="https://web.archive.org/web/20240625073055/https://i.dawn.com/medium/2024/06/667a37711b679.png" alt="Critical days for Modi and rivals" title="Critical days for Modi and rivals"/></picture></a></div> </figure> <span class="story__time text-2.5 text-gray-500 text-gray-500 font-arial ">Updated 25 Jun, 2024</span>  <h2 dir="auto" data-layout="story" data-id="1841831" class="story__title text-3.5 font-playfair-display font-bold pt-1 pb-2 text-3.5 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841831/critical-days-for-modi-and-rivals" class="story__link ">Critical days for Modi and rivals </a></h2> <div dir="auto" class=" mt-1 "><span dir="auto" class="story__byline text-3 text-black "><a class="story__byline__link" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/authors/280/jawed-naqvi">Jawed Naqvi</a></span> </div></article>   <article class="story relative overflow-hidden box pr-2 pb-2 md:pb-0 border-b md:border-b-0 border-r-0 sm:border-r border-gray-200" data-id="1841829" id="1841829" data-layout="story" data-tags="">  <figure class="media media--focus sm:w-full w-1/4 float-left sm:float-none mr-2 sm:mr-0 h-auto mb-0 "> <div class="media__item media__item--100 "><a title="Hundred days on" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841829/hundred-days-on" target="_self"><picture><img class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="https://web.archive.org/web/20240625073055/https://i.dawn.com/medium/2024/06/667a3709ab08f.jpg" alt="Hundred days on" title="Hundred days on"/></picture></a></div> </figure> <span class="story__time text-2.5 text-gray-500 text-gray-500 font-arial "> 25 Jun, 2024</span>  <h2 dir="auto" data-layout="story" data-id="1841829" class="story__title text-3.5 font-playfair-display font-bold pt-1 pb-2 text-3.5 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841829/hundred-days-on" class="story__link ">Hundred days on </a></h2> <div dir="auto" class=" mt-1 "><span dir="auto" class="story__byline text-3 text-black "><a class="story__byline__link" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/authors/385/dr-niaz-murtaza">Dr Niaz Murtaza</a></span> </div></article>   <article class="story relative overflow-hidden box pr-2 pb-2 md:pb-0 border-b md:border-b-0 border-r-0 sm:border-r border-gray-200" data-id="1841828" id="1841828" data-layout="story" data-tags="">  <figure class="media media--focus sm:w-full w-1/4 float-left sm:float-none mr-2 sm:mr-0 h-auto mb-0 "> <div class="media__item media__item--100 "><a title="‘Global boiling’" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841828/global-boiling" target="_self"><picture><img class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="https://web.archive.org/web/20240625073055/https://i.dawn.com/medium/2024/06/667a366fc3de8.jpg" alt="‘Global boiling’" title="‘Global boiling’"/></picture></a></div> </figure> <span class="story__time text-2.5 text-gray-500 text-gray-500 font-arial "> 25 Jun, 2024</span>  <h2 dir="auto" data-layout="story" data-id="1841828" class="story__title text-3.5 font-playfair-display font-bold pt-1 pb-2 text-3.5 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841828/global-boiling" class="story__link ">‘Global boiling’ </a></h2> <div dir="auto" class=" mt-1 "><span dir="auto" class="story__byline text-3 text-black "><a class="story__byline__link" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/authors/10208/masood-lohar">Masood Lohar</a></span> </div></article>   <article class="story relative overflow-hidden box pr-2 pb-2 md:pb-0 border-b md:border-b-0 border-r-0 sm:border-r border-gray-200" data-id="1841583" id="1841583" data-layout="story" data-tags="">  <figure class="media media--focus sm:w-full w-1/4 float-left sm:float-none mr-2 sm:mr-0 h-auto mb-0 "> <div class="media__item media__item--100 "><a title="Ailing democracy" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841583/ailing-democracy" target="_self"><picture><img class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="https://web.archive.org/web/20240625073055/https://i.dawn.com/medium/2024/06/6678cbf3a62ab.jpg?r=090802" alt="Ailing democracy" title="Ailing democracy"/></picture></a></div> </figure> <span class="story__time text-2.5 text-gray-500 text-gray-500 font-arial ">Updated 24 Jun, 2024</span>  <h2 dir="auto" data-layout="story" data-id="1841583" class="story__title text-3.5 font-playfair-display font-bold pt-1 pb-2 text-3.5 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841583/ailing-democracy" class="story__link ">Ailing democracy </a></h2> <div dir="auto" class=" mt-1 "><span dir="auto" class="story__byline text-3 text-black "><a class="story__byline__link" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/authors/8829/maleeha-lodhi">Maleeha Lodhi</a></span> </div></article>  </div> </div> </div> </div>  <div class="border-t-3 border-black sm:mx-2 mx-0"> <h3 class="my-2"><a class="font-playfair-display font-bold text-6 leading-tight" href="/web/20240625073055/https://www.dawn.com/opinion">Editorial</a></h3> <div class="grid grid-cols-1 sm:grid-cols-3 md:grid-cols-6 gap-2 mb-4">  <article class="story relative overflow-hidden box pr-2 pb-2 md:pb-0 border-b md:border-b-0 border-r-0 sm:border-r border-gray-200 sm:grid" data-id="1841827" id="1841827" data-layout="story" data-tags="">  <figure class="media media--focus sm:w-full w-1/4 sm:ml-0 ml-2 sm:float-none float-right order-1 mb-0 "> <div class="media__item media__item--100 "><a title="A new operation" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841827/a-new-operation" target="_self"><picture><img class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="A new operation" title="A new operation"/></picture></a></div> </figure> <span class="story__time text-2.5 text-gray-500 text-gray-500 font-arial ">Updated 25 Jun, 2024</span>  <h2 dir="auto" data-layout="story" data-id="1841827" class="story__title text-3.5 font-playfair-display font-bold pt-1 pb-2 text-3.5 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841827/a-new-operation" class="story__link ">A new operation </a></h2>  <div dir="auto" class="story__excerpt text-3.5 text-black font-georgia ">Clear deterrent action is needed against terrorist groups, but without upending the lives of people in the affected areas. </div> </article>   <article class="story relative overflow-hidden box pr-2 pb-2 md:pb-0 border-b md:border-b-0 border-r-0 sm:border-r border-gray-200 sm:grid" data-id="1841826" id="1841826" data-layout="story" data-tags="">  <figure class="media media--focus sm:w-full w-1/4 sm:ml-0 ml-2 sm:float-none float-right order-1 mb-0 "> <div class="media__item media__item--100 "><a title="Power theft" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841826/power-theft" target="_self"><picture><img class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="Power theft" title="Power theft"/></picture></a></div> </figure> <span class="story__time text-2.5 text-gray-500 text-gray-500 font-arial "> 25 Jun, 2024</span>  <h2 dir="auto" data-layout="story" data-id="1841826" class="story__title text-3.5 font-playfair-display font-bold pt-1 pb-2 text-3.5 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841826/power-theft" class="story__link ">Power theft </a></h2>  <div dir="auto" class="story__excerpt text-3.5 text-black font-georgia ">FEDERAL Energy Minister Awais Leghari’s statement during a TV interview that electricity theft amounts to Rs600bn ... </div> </article>   <article class="story relative overflow-hidden box pr-2 pb-2 md:pb-0 border-b md:border-b-0 border-r-0 sm:border-r border-gray-200 sm:grid" data-id="1841823" id="1841823" data-layout="story" data-tags="">  <figure class="media media--focus sm:w-full w-1/4 sm:ml-0 ml-2 sm:float-none float-right order-1 mb-0 "> <div class="media__item media__item--100 "><a title="Fatal air" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841823/fatal-air" target="_self"><picture><img class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="Fatal air" title="Fatal air"/></picture></a></div> </figure> <span class="story__time text-2.5 text-gray-500 text-gray-500 font-arial "> 25 Jun, 2024</span>  <h2 dir="auto" data-layout="story" data-id="1841823" class="story__title text-3.5 font-playfair-display font-bold pt-1 pb-2 text-3.5 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841823/fatal-air" class="story__link ">Fatal air </a></h2>  <div dir="auto" class="story__excerpt text-3.5 text-black font-georgia ">TOXIC air can cost us our children. It causes life-threatening illnesses, inflicts lifelong damage and leads to ... </div> </article>   <article class="story relative overflow-hidden box pr-2 pb-2 md:pb-0 border-b md:border-b-0 border-r-0 sm:border-r border-gray-200 sm:grid" data-id="1841586" id="1841586" data-layout="story" data-tags="">  <figure class="media media--focus sm:w-full w-1/4 sm:ml-0 ml-2 sm:float-none float-right order-1 mb-0 "> <div class="media__item media__item--100 "><a title="Time for dialogue" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841586/time-for-dialogue" target="_self"><picture><img class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="Time for dialogue" title="Time for dialogue"/></picture></a></div> </figure> <span class="story__time text-2.5 text-gray-500 text-gray-500 font-arial ">Updated 24 Jun, 2024</span>  <h2 dir="auto" data-layout="story" data-id="1841586" class="story__title text-3.5 font-playfair-display font-bold pt-1 pb-2 text-3.5 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841586/time-for-dialogue" class="story__link ">Time for dialogue </a></h2>  <div dir="auto" class="story__excerpt text-3.5 text-black font-georgia ">If the PML-N and PTI remain mired in mutual acrimony, an ever-widening gap will continue to allow non-political forces to assert themselves. </div> </article>   <article class="story relative overflow-hidden box pr-2 pb-2 md:pb-0 border-b md:border-b-0 border-r-0 sm:border-r border-gray-200 sm:grid" data-id="1841585" id="1841585" data-layout="story" data-tags="">  <figure class="media media--focus sm:w-full w-1/4 sm:ml-0 ml-2 sm:float-none float-right order-1 mb-0 "> <div class="media__item media__item--100 "><a title="Property taxes" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841585/property-taxes" target="_self"><picture><img class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="Property taxes" title="Property taxes"/></picture></a></div> </figure> <span class="story__time text-2.5 text-gray-500 text-gray-500 font-arial "> 24 Jun, 2024</span>  <h2 dir="auto" data-layout="story" data-id="1841585" class="story__title text-3.5 font-playfair-display font-bold pt-1 pb-2 text-3.5 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841585/property-taxes" class="story__link ">Property taxes </a></h2>  <div dir="auto" class="story__excerpt text-3.5 text-black font-georgia ">ACCORDING to reports in the local media, along with the higher taxes imposed on real estate in the recent budget, ... </div> </article>   <article class="story relative overflow-hidden box pr-2 pb-2 md:pb-0 border-b md:border-b-0 border-r-0 sm:border-r border-gray-200 sm:grid" data-id="1841584" id="1841584" data-layout="story" data-tags="">  <figure class="media media--focus sm:w-full w-1/4 sm:ml-0 ml-2 sm:float-none float-right order-1 mb-0 "> <div class="media__item media__item--100 "><a title="Fierce heat" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841584/fierce-heat" target="_self"><picture><img class="lazyload" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mN8Vw8AAmEBb87E6jIAAAAASUVORK5CYII=" data-src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="Fierce heat" title="Fierce heat"/></picture></a></div> </figure> <span class="story__time text-2.5 text-gray-500 text-gray-500 font-arial "> 24 Jun, 2024</span>  <h2 dir="auto" data-layout="story" data-id="1841584" class="story__title text-3.5 font-playfair-display font-bold pt-1 pb-2 text-3.5 leading-tight "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841584/fierce-heat" class="story__link ">Fierce heat </a></h2>  <div dir="auto" class="story__excerpt text-3.5 text-black font-georgia ">CLIMATE change is unfolding as predicted by experts: savage heat, melting glaciers, extreme rainfall, drought, ... </div> </article>  </div> </div> </div> </div> </div> <div class="absolute left-0 hidden sm:block"> <div class="navstory fixed z-50 top-2/5 navstory--prev" title="You can also use your keyboard ← (left arrow) or → (right arrow) to navigate stories"> <a class="navstory__arrow opacity-50 bg-gray-400 text-13 absolute pt-0 pb-2 px-1.25 font-georgia text-white rounded-tr-md rounded-br-md navstory__arrow--prev" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1839537/anti-money-laundering-body-to-get-legal-cover">&lsaquo;</a> <div class="navstory__article p-2.5 opacity-0 w-52 -ml-56 bg-gray-200 navstory__article--prev">  <article class="story relative overflow-hidden box " data-id="1839537" id="1839537" data-layout="story" data-tags="">  <h2 dir="auto" data-layout="story" data-id="1839537" class="story__title "><a href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1839537/anti-money-laundering-body-to-get-legal-cover" class="story__link ">Anti-money laundering body to get legal cover </a></h2>  <figure class="media media--fill sm:w-full w-full mb-0 "> <div class="media__item "><a title="Anti-money laundering body to get legal cover" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1839537/anti-money-laundering-body-to-get-legal-cover" target="_self"><picture><img src="https://web.archive.org/web/20240625073055im_/https://i.dawn.com/thumbnail/2024/06/131128581a954bd.jpg?r=113216" alt="Anti-money laundering body to get legal cover" title="Anti-money laundering body to get legal cover"/></picture></a></div> </figure> </article>  </div> </div> <div class="navstory fixed z-50 top-2/5 right-0 rounded-t-md rounded-l-md navstory--next" title="You can also use your keyboard ← (left arrow) or → (right arrow) to navigate stories"> <a class="navstory__arrow opacity-50 bg-gray-400 text-13 absolute right-0 pt-0 pb-2 px-1.25 font-georgia text-white rounded-tl-md rounded-bl-md navstory__arrow--next" href="https://web.archive.org/web/20240625073055/https://www.dawn.com/news/1841526/breakthrough-as-pml-n-accepts-most-of-ppps-punjab-centric-demands">&rsaquo;</a> <div class="navstory__article p-2.5 opacity-0 w-52 -mr-56 bg-gray-200 navstory__article--next">  <article class="story relative overflow-hidden box " data-id="1841526" id="1841526" data-layout="story" data-tags="">  <h2 dir="auto" data-layout="story" data-id="1841526" class="story__title "><a 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