Author: Iqra Khan

Islamabad, Aug 9: The Lahore Development Authority (LDA) has revealed plans to reconstruct the Thokar Niaz Baig crossroads in an effort to improve the entry and exit ports of Lahore and streamline traffic flow. According to specifics, the project intends to improve commuter convenience for those commuting between the Motorway and Multan Road by enlarging and beautifying the city’s main gateway. When LDA Chief Engineer Asrar Saeed and NESPAK staff visited the Thokar Niaz Baig site recently, LDA Director General Tahir Farooq was shown the suggested design. Chief Engineer Saeed announced that the project, which would concentrate on maintaining and…

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Islamabad, Aug 9: A high-level Chinese team met with Chief Commissioner of Islamabad and Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa, to talk about major investment prospects and impending projects in the capital city. According to specifics, the Chinese delegates showed great interest in a number of CDA-led projects, most notably the conversion of CDA office buildings to solar power. Chairman Randhawa emphasized the close relations between China and Pakistan while welcoming the interest from international companies. He stated that the CDA is dedicated to promoting global collaborations in order to propel Islamabad’s modernization and growth. The…

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Islamabad, Aug 9:  Prime Minister’s Coordinator for Climate Change and Environmental Coordination, Romina Khurshid Alam on Friday announced that Pakistan would host the two-day international Asian Forum of Parliamentarians on Population and Development (APFFD) on ‘Gender Empowerment and Green Economy’ that would convene regional female parliamentarians from 22 states. Addressing a curtain-raiser press conference regarding a two-day meeting of the Asian Forum of Parliamentarians on Population and Development (APFFD) on ‘Gender Empowerment and Green Economy’ starting from Monday (August 11th), she said Pakistan would hold an international population and climate change conference under the auspices of the APFFD standing committee…

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Islamabad, Aug 9:  Minister for Maritime Affairs, Qaiser Ahmed Sheikh on Friday urged upon the opposition to join hands with the government to create a conducive environment for economic growth, job creation, and poverty reduction as by working together Pakistan can overcome the hurdles of inflation and poverty.Talking to a private news channel, he made a fervent appeal to the opposition parties to put aside their political differences and join hands with the government to tackle the pressing issues of inflation and economic stagnation. Sheikh emphasized that the current economic challenges facing the country require a collective effort and a…

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Islamabad, Aug 9: Minister of State for IT and Telecommunication Shaza Fatima Khawaja Thursday said that the present government was committed to transform Pakistan into cashless economy. She said that the government aimed to reduce reliance on physical currency and promote digital transactions through initiative like the SBP’s RAAST instant payment system. Speaking at a meeting of a high-level Committee on Promotion of Cashless Economy, Shaza Fatima said that digital payments have critical role in driving economic growth and efficiency, said a news release.She said that steps were needed to accelerating digital financial inclusion and boosting economic growth. The state…

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Islamabad, Aug 9: The United Nations Development Programme (UNDP) Pakistan and the Overseas Investors Chamber of Commerce and Industry (OICCI) have teamed in a ground-breaking effort to advance the vision of a more inclusive and sustainable Pakistan. Leading activities on gender equality, diversity, inclusion, and social impact investments are planned as a result of this cooperation, which reflects both organizations’ dedication to the Sustainable Development Goals (SDGs) of the UN. “Together with UNDP, we are committed to leveraging collective expertise to create impactful research reports, advocacy campaigns, and knowledge-sharing events,” stated OICCI Chief Executive and Secretary General M. Abdul Aleem…

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Islamabad, Aug 9: Due to unpaid invoices for parts received, about 250 direct suppliers to the nation’s two largest tractor assemblers, Millat Tractors and Al-Ghazi Tractors, have ceased business, an official of the Pakistan Automotive Parts and Accessories Manufacturers (Paapam) stated on Thursday. Senior vice chairman of the Paapam, Mumshad Ali, stated that the tractor industry was in danger of collapsing due to the Federal Board of Revenue’s (FBR) refusal to reimburse general sales tax (GST) and the new GST regime’s inability to facilitate commercial transactions. According to him, this has led to a serious cash flow problem that has…

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Islamabad, Aug 9: Congratulated Arshad Nadeem on his 2024 Paris Olympics gold medal triumph, with an amazing javelin throw of 92.97 meters.“Grand performance by Nadeem,” an elated Munir Akram said in a statement.“Never count Pakistan out,” he added. Meanwhile, Pakistanis across the United States watched Nadeem’s stellar achievement on television, and exchanged congratulations.According to reports, some Pakistanis gathered in restaurants in several cities to watch the event on giant screens and burst into cheers when Arshad Nadeem was declared the winner chanting “Pakistan Zindabad” and “He is our pride.”

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Islamabad, Aug 9: On the same day that Rashid Langrial took over as chairman of the tax office, the federal government awarded member of the Federal Board of Revenue (FBR) for customs operations Ashhad Jawwad a six-month leave of absence, expressing possible dissatisfaction with the chairman’s selection. According to the announcement, Ashhad Jawwad, a PCS/BS-21 officer currently employed by the Federal Board of Revenue in Islamabad as a Member (Customs-Operations), is entitled to 100 days of leave under Rule 5 and Rule 6 of the Revised Leave Rules, 1980, starting on August 15, 2024. |According to sources, the FBR officers…

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Islamabad, Aug 9: Member Operations Mir Badshah Khan Wazir has been instructed by the recently appointed Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial to present a briefing on the Tajir Dost Scheme. According to sources, the FBR executives briefed the recently appointed chairman on Thursday about the organization’s structure in addition to the current policy-level initiatives, such as the Tajir Dost Scheme and FBR digitization.It is important to remember that FBR announced revised income tax rates for 42 cities following discussions with trade associations. According to the legislation, traders must pay taxes on a monthly basis. If a…

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