Pakistan, Iran action on the border

The Punjab Revenue Authority has taken a step that deserves praise. It has banned handwritten and manual receipts for hotels, restaurants, coffee shops and marriage halls. These businesses must now use the Electronic Invoice Management System, known as EIMS, to issue receipts. This is a small change on paper, but it can bring a big shift in how Punjab collects tax. For years, many businesses in Punjab have used handwritten slips or given no receipt at all. This made it easy to hide real sales. A shop could tell the tax authority one number and keep the true earnings elsewhere. Customers rarely questioned this, since a handwritten slip looked normal. This habit cost the province huge amounts of tax revenue every year. The new rule closes this gap. Every sale through EIMS gets recorded electronically. This makes it much harder for a business to underreport what it earns. The PRA has also set firm penalties. Businesses that ignore the rule can face fines between four hundred thousand and one million rupees. Repeat offenders risk having their premises sealed for up to a month. These penalties send a clear message that documentation is no longer optional. This move fits into a wider global pattern. Countries that have moved to digital invoicing have generally seen tax collection improve. Pakistan has struggled for decades with a low tax to GDP ratio, and informal cash transactions are one major reason. Punjab’s decision to enforce digital receipts is a practical, low cost way to fix part of this problem. However, this step should be the beginning, not the end. Digital receipts alone do not close every loophole. A business can still issue a proper digital receipt while asking the customer to pay in cash outside the system. The real solution is to make digital payments themselves mandatory alongside digital receipts. If customers are required to pay through cards, mobile wallets or bank transfers, then every transaction leaves a financial trail that is far harder to manipulate. This is simply how modern economies function. From small cafes to large retail chains, digital payments have become the norm across much of the world. Pakistan is lagging behind, and Punjab has an opportunity to lead the way. Encouraging or eventually requiring digital transactions would also benefit ordinary consumers, who would gain better protection through verified records of what they paid and for what. The Punjab government has taken a sensible first step. The next step should be mandatory digital transactions, not just mandatory digital receipts.

The Senate Sub Committee has once again put the Federal Board of Revenue in an uncomfortable spot, and rightly so. FBR has failed to explain what happened to Rs1120 billion worth of tax exempted imports that entered former FATA and PATA regions between 2018 and 2026. That is not a small sum. It is a number large enough to demand answers, not silence. Why has FBR not provided complete records? Why is a manual tracking system still in place for imports worth over a trillion rupees? These are basic questions, yet the Board seems unable or unwilling to answer them. Every day without proper automated verification is a day that opens the door to goods slipping illegally into taxable markets, undercutting honest businesses and draining public revenue. The tobacco sector adds another layer of concern. Major companies like Pakistan Tobacco Company and Philip Morris Pakistan Limited are now under scrutiny, alongside serious cases of cigarette theft and a tax charge sheet against a senior tax official. When 2,828 cigarette cartons worth Rs25 crore go missing from an FBR warehouse, it raises a simple question: who is minding the store? FBR must stop treating Parliament’s demands as optional. Consumption certificates, tax records, and clear Standard Operating Procedures are not favours to be delayed. They are basic obligations of an institution meant to protect national revenue. Senator Saifullah Abro’s Committee deserves credit for pushing this issue repeatedly. But pressure from one Senate committee cannot substitute for real reform inside FBR. The Board must answer, and answer now, before more billions disappear into the gaps of its own negligence.

Rising oil prices are becoming a global emergency, and the blame lies squarely on the actions of the United States, Israel, and their Gulf allies for initiating this ugly war. Crude oil prices are rising fast, and ordinary people everywhere will pay the price. This week, global oil benchmarks jumped to their highest levels in nearly two months. Some cargoes are now trading close to one hundred ten dollars a barrel. Dated Brent, the price used for most of the world’s oil, touched one hundred five dollars and seventy cents on Thursday. This is not a small change. When oil becomes expensive, everything else becomes expensive too. Transport costs rise. Food prices rise. Electricity bills rise. Factories pay more to run machines. Poor countries suffer the most because they cannot absorb these shocks. Rich countries feel the pain too, but developing nations face hunger, inflation, and unemployment on a much larger scale. The real question people should ask is simple. Why is this happening now. The answer points directly at the ongoing confrontation between the United States, Israel, and Iran. Tensions between these sides have pushed the region toward war. Gulf partners aligned with Washington have allowed this dangerous situation to continue instead of pushing for peace. Their silence and their support for aggressive policies have made the crisis worse. The world cannot afford this. The Strait of Hormuz is one of the most important routes for oil shipments. Roughly one fifth of the world’s oil passes through this narrow waterway. Threats to this route create fear across markets, and fear pushes prices higher even before real disruption happens. Kazakhstan’s export terminal on the Black Sea was also hit by drone attacks, cutting the country’s oil output nearly in half. This shows how connected today’s conflicts have become. War in one region shakes markets everywhere. The solution is not complicated. The fighting must stop. The Strait of Hormuz must remain open and safe for all shipping. Iran has suffered heavy losses from sanctions and military pressure, and fair compensation should be part of any lasting settlement. World leaders often speak about protecting the global economy. Now is the time to prove it. The United States, Israel, and their Gulf partners hold real power to de-escalate this crisis. They must choose diplomacy over confrontation, before ordinary families across the world are forced to pay for a war they did not start.

A court in New Delhi has sentenced former AAP leader Tahir Hussain to life imprisonment for the murder of Intelligence Bureau officer Ankit Sharma during the 2020 Delhi riots. Four other men received the same sentence. This case has been one of the most talked about legal battles to come out of the violence that shook northeast Delhi five years ago. On the surface, this looks like justice being served for a man who lost his life. But many observers, particularly within India’s Muslim community and civil rights groups, view this case with deep unease. Tahir Hussain was a Muslim municipal councillor, and his conviction fits into a wider and troubling pattern many have documented since Narendra Modi’s government came to power. Critics argue that Muslims accused in the 2020 riots have often faced harsher and faster prosecution than Hindu individuals accused of similar or worse violence during the same unrest, where investigations have moved slowly or produced few convictions. Rights groups have long raised concerns about India’s use of anti-terror laws, preventive detention, and prolonged pretrial custody against Muslim activists, students, and political figures since 2019. Human Rights Watch and Amnesty International have both documented what they describe as a shrinking space for religious minorities to seek justice fairly in India today. Hussain’s supporters argue that he was targeted because of his political visibility and religious identity, not purely because of evidence. This does not mean the court’s findings should be dismissed outright. A judge examined evidence over several years, and Ankit Sharma’s family deserves acknowledgment of their loss. But the broader climate around India’s justice system, especially in communally charged cases, deserves scrutiny. When convictions consistently fall along religious lines, the question of whether the process was truly even-handed becomes impossible to ignore.

The Makkah Joint Defence Agreement has reached a new level of importance. US President Donald Trump has publicly welcomed the pact between Pakistan, Saudi Arabia and Türkiye. This is not a small development. When the president of the United States acknowledges a regional defence framework, it sends a signal to the whole world. It tells other nations that this agreement carries real weight, not just symbolic value. Trump called it a step toward greater regional security. He said it shows Middle Eastern and regional states are willing to strengthen their own ability to protect themselves. This recognition matters. It places the pact on the global radar. It also gives Pakistan, Saudi Arabia and Türkiye a stronger diplomatic standing as they build this new framework of cooperation. The agreement was signed in Makkah on August 7, bringing together Prime Minister Shehbaz Sharif, Crown Prince Mohammed bin Salman and President Erdogan. It focuses on collective deterrence, defence planning, intelligence sharing and strategic coordination. Erdogan himself has called it a message for global peace, especially given rising US-Iran tensions. Yet a serious question remains unanswered. Where is the response from the Gulf Cooperation Council? Where is the voice of the Arab League? Both organisations represent the wider Arab and Gulf world. Both have a direct stake in regional security matters. Their silence on such a major defence pact is puzzling. This agreement was signed in Saudi Arabia, a leading GCC member. It naturally affects the interests of every Gulf state. Yet there has been no clear statement, no formal reaction from these key regional bodies. This silence raises real concerns. Does it suggest internal disagreement among Gulf states? Does it hint at hesitation to publicly support a pact that includes Türkiye and Pakistan? Or is this simply strategic caution before making a formal position? Whatever the reason, this silence cannot continue indefinitely. Regional stability requires clarity, not ambiguity. The GCC and Arab League must break their silence soon. Their voice matters just as much as any global power’s approval.

Prime Minister Shehbaz Sharif is right to celebrate Pakistan’s progress at the Indus Robotics and Autonomous Systems Expo 2026. Local drones, simulators and autonomous platforms on display are genuine achievements, and the government deserves credit for organising this event. Such expos give young innovators a stage, and they should happen far more often. One expo a year is not enough for a country trying to catch up in robotics and artificial intelligence. But an honest look tells us something the speeches often skip. Pakistan’s technology sector has largely grown because of private effort, not government funding. Young software engineers, startup founders, freelancers and university students have kept this sector alive, often without meaningful state support. Many built their skills through free online courses, self-funded projects and sheer persistence, not through government grants or well-funded labs. When government share of support has been minimal, it is unfair for credit to travel only upward. The youth of this country deserve real recognition, not just polite mentions in a prime ministerial address. If Pakistan genuinely wants technological independence, praise alone will not build it. Research budgets remain thin. Universities struggle with outdated labs and low funding, a problem raised repeatedly by academics themselves. Local innovators frequently move abroad, not because they lack patriotism, but because opportunities and funding are stronger elsewhere. Indigenous drone and simulator production is encouraging, but it cannot substitute for a broader national investment in research, education and startups. The government’s job now is to convert one successful expo into a lasting system. That means consistent funding for research institutions, easier access to capital for young tech entrepreneurs, and closer partnerships between universities and defence industries. It means holding such expos regularly, not as one-off showcases, but as part of a serious innovation calendar.