ISLAMABAD (ANews): Two presidential ordinances were adopted by the federal cabinet on Friday.

Two presidential ordinances were adopted by the cabinet during a meeting presided over by Prime Minister Shehbaz Sharif.

According to sources, the Madrasa registration-related Societies Registration Amendment Ordinance was approved.

The Income Tax Ordinance, which intends to tax banks’ excess earnings of Rs70 billion, was also passed by the government.

The nation’s general political and economic circumstances were also covered at the summit.

Related posts:

Default ThumbnailNAB cases: IHC re-hears corruption references against Zardari Default ThumbnailHafizabad police have arrested a suspect in the Shahbaz Gill disaster Default ThumbnailPresident writes to CJP requesting the formation of a judicial commission to investigate the ‘Regime Change Conspiracy’ Default ThumbnailFawad asserts that the Islamabad sit-in has been granted authorization Default ThumbnailNusrat Wahid, a PTI MNA, claimed PPP offered Rs160 million. Default ThumbnailIn Quetta, police broke up a sit-in by young physicians, arresting around 15 of them. Default ThumbnailAccording to the government, Imran spent approximately Rs 1 billion on daily helicopter travel. Default ThumbnailPakistan has reported 80 COVID-19 cases, with no deaths in the last 24 hours. Default ThumbnailIran is not transparent about prior nuclear activity, according to the IAEA Default ThumbnailThe Karachi blast is noticed by Rana Sanaullah Default ThumbnailA bomb in Karachi killed one person and injured several more Default ThumbnailFinland’s parliament has voted in favour of NATO membership