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…
Author: Iqra Khan
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…
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.”
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…
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…
Islamabad, Aug 9: As per the Asian Development Bank (ADB), Pakistan’s Bus Rapid Transit (BRT) systems exhibit considerable levels of contentment; nevertheless, they also underscore the deficiency of efficient transportation to access the BRT systems.In its most recent study, “CAREC Road Safety Engineering Manual, why and how to manage speed,” the Bank said that since the introduction of the country’s first BRT system in Lahore in 2013, Pakistan has implemented other BRT systems in its major cities. Studies have indicated that the systems in Rawalpindi-Islamabad, Multan, and Lahore are effective and satisfactory. Studies draw attention to the lessons that Pakistan’s…
Islamabad, Aug 9: The Federal Board of Revenue (FBR) has established a check post of Inland Revenue officers at district Battagram – Silk/Karakoram road to tariff areas of Abbottabad. In this regard, the FBR issued a notification on Thursday. The FBR has issued SRO to establish check posts with mobile squads on the routes originating from tax-exempt areas. The check post has been established under section 40B of the Sales Tax Act. According to SRO.1193(I)/2024, the mobile squad of Inland revenue officers would intercept goods on which duties and taxes have not been paid while coming from non-tariff areas to…
Islamabad, Aug 8: A breathtaking javelin throw of 92.97 meters, Arshad Nadeem created history at the Olympics by winning Pakistan’s first-ever gold medal in athletics. His throw was among the farthest in the event’s history in addition to setting a new personal best. Top athletes from all over the world competed fiercely for the top place. But Nadeem’s performance was notable right away. He became the first athlete to clear the 90-meter mark in this event with an amazing throw in the final round that left his rivals dumbfounded and the audience in stitches. For Nadeem and Pakistan, a nation…
Islamabad, Aug 8: Prime Minister Shehbaz Sharif Thursday urged the Ulema and Mashaikh to play an active role in countering propaganda, fake news, and disinformation, while aligning with core Islamic values and principles.He stressed the significance of the role of Ulema and Mashaikh in guiding youth towards understanding the Quran, Sunnah, and character building, alongside academic knowledge and technical skills. He was speaking to a large gathering of esteemed Islamic scholars (Ulema o Mashaikh) from diverse schools of thought convened at the Pakistan-China Friendship Center here for the National Ulema Convention. The prime minister graced the occasion as the Chief…
Islamabad, Aug 8: The “City of Saints,” Multan, is about to experience something truly remarkable: the first-ever Roadshow, a grand event that will showcase the best properties and investment opportunities from Lahore, the North, and Multan. Event Highlights: Sunday, August 11, 2024; Time: 10:00 AM – 8:00 PM; Venue: Multan Marquee, Chungi No. 6, main Bosan Road, Multan Story of Dreams & Aspirations An ambitious entrepreneur looking to invest in a promising commercial property, or perhaps a family looking for a quiet apartment to call their own, the Roadshow rolls in as the best place to be at. Our Road…
