The Pakistani government is facing a cash shortage, resulting in delayed salaries for staff at certain diplomatic missions. Press attaches and press counsellors stationed in the US, Hong Kong, and Singapore have not received salaries since June due to the country’s depleted foreign exchange reserves. This poses a significant challenge for officials in expensive cities like Washington, DC, and Hong Kong.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while
December 12, 2025