ISLAMABD, AUGUST 6: On Tuesday, Finance Minister Muhammad Aurangzeb reaffirmed that petroleum items will not be subject to a sales tax from the federal government. In a casual discussion with reporters today, he stated this. Additionally, he mentioned that the Executive Board of the International Monetary Fund (IMF) will convene at the end of this month, obliquely suggesting that Pakistan’s plan for the $7 billion In relation to the energy talks with China, Aurangzeb stated that it is imperative to choose a consultant for the talks about Independent Power Producers (IPPs). He said that Pakistan had already engaged a Chinese…
Author: Mawadat Fatima
ISLAMABAB, AUGUST 6: The British High Commission has been amongst the earliest organizations to provide relief interventions, following devastating floods in Chitral. Between 29 July and August 3, Chitral suffered severe damages from torrential rains, flash floods and glacial lake outburst floods. 14 drinking water supply schemes, 15 jeep-able bridges, 55 irrigation channels, 9 link roads, 3 schools building, protection walls (4,000 feet), and 20 local shops have been fully/partially damaged. The British High Commission used their existing presence in Chitral to respond to immediate needs through their partners, Concern Worldwide and the Agha Khan Foundation. They are supporting emergency…
ISLAMBAD, AUGUST 6: Ahsan Iqbal, the federal minister of planning, presided over a conference to discuss the plans for road and rail connectivity with the states of Central Asia and Europe. Senior representatives from the Ministries of Communications and Railways, as well as the Additional Secretary of the Ministry of Planning and the Planning Commission, attended the meeting. The strategic connection plans of the Ministries of Communications and Railways were presented by their representatives during the conference. The minister emphasized how crucial it is to create a thorough plan for working with the governments of Central Asia. According to him,…
ISLAMABDA, AUGUST 6: The Capital Development Authority (CDA) intends to stop processing new transfers of urban properties that are handled by the registrar’s office through sale deeds. Since the CDA requires many NOCs for property transfers, many people choose to use the registrar’s office instead. In the past, the Joint Sub Registrar’s office could only facilitate property transfers through sale deeds for properties with conveyance or lease deeds. The CDA revised its property handbook in 2022 and permitted additional transfers via its one-window system, given that the original sale deeds were sent in. The CDA intends to change its 2022…
ISLAMABAD, AUGUST 6: Regarding the unapproved import of BMW electric vehicles from the UK and Japan, Dewan Motors, the official importer of BMW in Pakistan warns customers against imported cars. The business has seen that some dealers and brokers are importing these cars into Pakistan without the required paperwork. Dewan Motors stressed in the letter that their imported cars are particularly made and approved for use in their originating markets. As a result, they might not adhere to Pakistani laws and specifications regarding fuel purity, which could put customers’ safety and security at risk. Dewan Motors has emphasized that in…
ISLAMABAD, AUGUST 6: According to a paper from the Pakistan Telecommunication Authority (PTA), of the major social media sites, X (previously Twitter) has the lowest rate of blocking inappropriate and illegal information. PTA processed 69,372 URLs to X between January 2021 and June 2024, however the platform only restricted 41,414 URLs, yielding a 59.70 percent compliance rate. On the other hand, TikTok was the platform with the highest compliance rate, blocking 107,003 out of 109,359 URLs, or 97.85 percent of the total. This puts TikTok far ahead of other big sites in terms of complying with the PTA’s requests for…
ISLAMBAD, AUGUST 6: Ministers in India have hailed a Pakistani national for saving the lives of about seventeen Indian pilgrims who were in serious danger during this year’s Hajj in Makkah because of the intense heat. Asif Bashir, a 32-year-old Peshawar native who oversees databases for the Chief Minister’s Secretariat in Khyber Pakhtunkhwa, was also participating in the Hajj on a volunteer basis to aid travelers. Offering water and life-saving medications, as well as carrying some pilgrims on his shoulder for three or four kilometers, he showed incredible bravery and compassion. About twenty-six pilgrims, including seventeen Indians, were saved from…
ISLAMABAD, AUGUST 6: According to Pakistan Oilfields Limited (POL) and PSX on Tuesday, the Hungarian Oil and Gas Public Limited Company MOL Group has found hydrocarbons as a result of a Drill Stem Test (DST) carried out at the Razgir-1 well in the Kawagarh formation located in Kohat District. Twenty-five percent is Pakistan Oilfields Limited’s pre-commerciality operating interest. Prior to beginning any acid stimulation work, the well tested 16.40 MMscf of gas per day and 159 barrels of condensate per day at a fixed choke size of 40/64 at 1,874 psi. To determine the well’s actual potential, testing activities are…
Ufone and PTCL have established a strategic relationship with Pakistan’s famed javelin thrower, Arshad Nadeem, in an exciting development for sports fans as he gets ready for the forthcoming Olympics. The goal of this partnership is to assist Nadeem in his ascent to the world arena and draw attention to the participation of Pakistani sportsmen in international competitions. Thanks to his remarkable javelin throws, Arshad Nadeem has become a household name in Pakistan. His accomplishments include a silver medal at the 2023 World Athletics Championships and a gold medal in the 2022 Commonwealth Games. An important step has been taken…
ISLAMABAD, AUGUST 6: ISLAMABAD China and Pakistan have agreed to convert their coal plants to use local coal, a major step toward improving energy cooperation and economic stability that Pakistani Power Minister Muhammad Leghari stated on Monday. Leghari emphasized that a key component of this shift is China’s genuine consideration of the problem of “debt profiling.” The declaration is made in the midst of persistent difficulties facing Pakistan’s energy industry, especially the tale of the Independent Power Producers (IPPs). The capacity payments to IPPs, which are paid whether or not electricity is used, have been a financial burden for the…