The service tax of fifteen percent on debit and credit card purchases at eateries and cafés has not been reinstituted by the Sindh government. The Sindh Revenue Board has refuted reports that services purchased at restaurants and hotels using debit and credit cards will be subject to a 15 percent sales tax. According to a spokesman for the SRB, the real sales tax rate on these kinds of purchases is still 8%. Meals bills paid with cash are subject to a 15 percent service tax under the Sindh Finance Act. Nevertheless, the tax rate is lowered to 8% if the…
Author: Mawadat Fatima
received offer letters from the ministry. In order to alleviate the teacher shortage in federal government schools and colleges, the Ministry of Federal Education and Professional Training started a recruiting effort, which is currently in its final stages. According to a Ministry of Federal Education and Professional Training official on Monday, 237 Elementary School Teacher (EST) vacancies were advertised in March. Of them, 102 were for males and 135 were for women. The establishment of four separate interview panels was then approved by the Establishment Division in order to proceed with the hiring process. Between May 28 and June 5,…
In collaboration with BF Technologies, Allama Iqbal Open University (AIOU) is now offering new online certificate programs in e-commerce. Programs covering a variety of e-commerce platforms, such as Amazon, Daraz, Alibaba, Shopify, and Facebook, are now available for enrollment by students. The goal of these courses is to provide students the practical skills they need to be successful in the digital economy. According to Professor Dr. Nasir Mahmood, Vice Chancellor of Allama Iqbal Open University (AIOU), the new e-commerce courses aim to instill in students a business-oriented perspective. In his opinion, these initiatives would not only enhance the lives of…
In light of the Markhor’s importance to the ecosystem as a whole, Pakistan has called on the international community to support cooperative efforts for its preservation. At a side event focusing on tactics for the conservation of this famous species, also known as a “screw-horned goat,” Ambassador Munir Akram, permanent representative of Pakistan to the UN, stated, “For Pakistan, the Markhor holds a special significance as it is our national animal.” “At the event organized by the Tajikistan Mission to the UN in cooperation with UNEP (UN Environment Programme) and IUCN (International Union for Conservation of Nature), Ambassador Akram stated…
The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Wednesday. CONVERSION RATES FOR JULY 24, 2024, FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE JULY 26, 2024 USD 278.3143 GBP 359.4986 EUR 302.6390 JPY 1.7851
KHYBER: After a four-year pause, sugar exports to Afghanistan have resumed, with more than 400 cars passing through the Torkham border in the past four days. Sources claim that Pakistan just approved the transfer of 150,000 tons of sugar to Afghanistan, with a deadline of August 15 for the cargo procedure to be completed. Agents in charge of customs clearance at Torkham informed that around 100 cars, each with 33 tons of sugar, entered Afghanistan four days prior, and that number continued to rise. According to authorities, the government imposed the prohibition on sugar exports four years ago in order…
Jamil Ahmad Qureshi, a grade 21 officer of the Board of Investment, has been appointed by the federal government to the position of Additional Secretary InCharge of the Special Investment Facilitation Council (SIFC). A Cabinet Division announcement states that as of July 23, 2024, Jamil Ahmed Quershi, a BOI BS 21 officer, has taken over as the Additional Secretary (InCharge) of the SIFC Division. As previously reported, the prime minister gave his approval for the SIFC division to be established and gave the Cabinet, Establishment, and Finance Divisions instructions to work on budget, human resources, and other matters. SIFC officers…
According to the World Bank, $13.3 billion in total capital expenditure would be needed to provide universal power access in four Pakistani provinces. According to the Bank’s most recent research, “Pakistan Least-Cost Electrification Study,” Pakistan would need to service over 40 million total electrical connections in order to attain universal access to electricity by 2030. Population growth and individuals who do not already have a formal power connection are factors in the demand to expand the number of electricity connections. Potential clients who are 500 meters or less from the current distribution grid make up one category of the new connections,…
A Facebook user going by the handle Zahir Mehmood, who describes himself as a journalist, posted the screenshots on his social networking page. In his post, Mr. Mehmood said that the writer and his female friend—whose name was withheld by the user—were the subjects of the acknowledged conversation. He went on to say that the occurrence, which was seen in the image, happened on August 13, 2022, in his presence at a celebration of Pakistan’s Independence Day. The social media user said that Mehmood’s buddy had welcomed Qamar with a song at the occasion, and that the writer of Meray…
Pakistan has not yet been added to the agenda of the International Monetary Fund’s (IMF) executive board meetings, which are set for July 31. The 37-month Extended Fund Facility Arrangement (EFF) of around $7 billion is not featured in the agenda for the executive board meeting scheduled for July 24, July 26, July 29, and July 31, according to the Fund website. On July 12, the Pakistani government and the IMF team came to a staff-level agreement on a 37-month Extended Fund Arrangement (EFF) for SDR 5,320 million, or almost US$7 billion. This agreement is contingent upon the Executive Board…
