The head coaches of the men’s national team, Jason Gillespie and Gary Kirsten, would be joining the Pakistan Cricket Board (PCB) as essential members of the selection committee.The PCB officially announced on Wednesday that Wahab Riaz and Abdul Razzaq had been removed from the national selection committee in a brief press release. Wahab Riaz was on the men’s selection committee, and Abdul Razzaq served on both the women’s and men’s selection committees.Pakistan’s white-ball coach Gary Kirsten and red-ball coach Jason Gillespie will be on the reorganized selection committee. Former Pakistani cricketers Asad Shafiq and Muhammad Yousuf will be joining them,…
Author: Iqra Khan
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The federal government is considering a multibillion dollar transaction that may involve an LNG pipeline arrangement with Russia.This comes after Russian President Vladimir Putin proposed to build an LNG pipeline from Iran to Pakistan and subsequently to India at a meeting with Prime Minister Shehbaz Sharif at the most recent SCO summit. According to a national daily, Petroleum Minister Musadik Malik has been entrusted with carrying out an investigation to identify workable solutions that take US sanctions against Russia and Iran into account.The current amount of bilateral trade between Pakistan and Russia is between $800 and $900 million year, however…
The accreditation for the degree programs provided by the Suleman Dawood School of Business (SDSB) at LUMS has been extended by the AACSB International Board of Directors.SDSB is the first business school in Pakistan to receive accreditation from AACSB International in 2019. The latest extension of this accreditation, which puts SDSB in the top 6% of business schools worldwide, is evidence of the excellent education the institution offers. Since 1916, AACSB has been recognized for its unwavering dedication to the highest standards of excellence. It provides learning and development, business education intelligence, and quality assurance services to over 1,900 member…
The Glade Vista Builders (Pvt) Limited-sponsored Grand Vista apartment complex, situated near the Murree Road Expressway in Zone-IV, has had its layout design annulled by the Capital Development Authority (CDA).As per the notification sent by the CDA, the layout design for the project was authorized in June 2023, provided that all processes were finished within a 30-day period. Nevertheless, in spite of several notifications and cautions, the project developers did not carry out the approval’s terms and conditions.On March 27, 2024, the CDA sent out a show-cause notice, asking the project developers to provide justification for not taking legal action…
Pakistan Railways announced to the Senate Standing Committee on Pakistan Railways (PR) that it will be implementing a public-private partnership to bring four smart railway vehicles on various routes. During the meeting, Secretary of Railways Syed Mazhar Ali Shah declared, “Pakistan Railways is committed to moving towards public-private partnerships and is planning to introduce four smart railway cars for routes between Lahore-Islamabad, Lahore-Faisalabad, Lahore-Multan, and Karachi-Hyderabad at a cost of around $45 million.” He mentioned that private parties will donate a portion of the profits to maintain the tracks as part of this public-private cooperation. Senators Saifullah Sarwar Khan Nyazee,…
Islamabad: The Federal Board of Revenue (FBR) has extended the Tajir Dost Scheme to 42 cities, including Faisalabad and Sialkot, as part of a significant drive to register 3.2 million shopkeepers and dealers, as reported on July 10. Nearly 46,000 merchants and store owners have reportedly already registered for this program, according to the sources. Previously excluded, Faisalabad is now added. The business community decided to broaden the scheme’s scope before imposing any extra taxes on merchants during a recent video conference involving the FBR Chairman, Regional Tax Offices, and traders. Under the Tajir Dost Scheme, the registration procedure will…
The new provisions, which take effect on July 1, 2024, are detailed in a notification that instructs chief commissioners of Inland Revenue to make sure that these updated rules are followed. The main changes for transactions involving immovable property are as follows: the rates of withholding tax on the sale of immovable property vary according to the type of property and the length of ownership. For filers: 3% for transactions up to PKR 50 million 3.5% for transactions exceeding PKR 50 million but up to PKR 100 million 4% for transactions over PKR 100 million 3% for fair market values…
Lahore: According to information released on July 10, the Provincial Development Working Party (PDWP) approved a number of major development projects worth over PKR 24 billion. The meeting, which was presided over by Barrister Nabeel Awan, approved about PKR 9 billion for the solar power systems project, which aims to improve the efficiency and sustainability of agricultural practices in the province. In addition, the PDWP approved a number of other significant projects, including a PKR 848.97 million scheme to prevent erosion of the left bank of the River Chenab in the Hafizabad district, specifically at Kot Kameer and Behak Ahmad…
A parliamentary delegation from Germany on Wednesday called on National Assembly Deputy Speaker and Convener of the Pak-German Parliamentary Friendship Group, Syed Ghulam Mustafa Shah to further strengthen bilateral relations and parliamentary cooperation. Both sides resolved to enhancing cooperation in trade, education, science and technology, and other areas of mutual interest.The deputy speaker emphasized the importance of enhancing parliamentary diplomacy and the historical ties between Pakistan and Germany. The German delegation commended Pakistan for its proactive measures in advancing regional peace and stability. They highlighted specific areas of potential collaboration, particularly in renewable energy and climate change initiatives, underscoring mutual…
Pakistan Meteorological Department (PMD) has indicated chances of rain-wind/thundershowers with isolated heavy-falls in Khyber Pakhtunkhwa, Islamabad, Pothohar region, upper Punjab, northeast Balochistan, Kashmir and Gilgit Baltistan during the next 24 hours. Climate Change action, Hot and humid weather is expected elsewhere in the country.According to the synoptic situation, monsoon currents from Arabian Sea were penetrating upper/central parts of the country.A shallow trough of westerly wave was also present over upper parts of the country. During the last 24 hours, rain-wind/thundershower with isolated heavy-falls occurred in upper Khyber Pakhtunkhwa, Islamabad, Pothohar region, upper Punjab, Kashmir and lower Sindh, Hot and humid weather prevailed…
