ISLAMABAD, AUGUST 14; With a six percent economic growth rate, the prime minister is scheduled to present the “Home-grown Economic Development Plan” on Wednesday. Professor Stefan Dercon, a British economist, and a few former Pakistani public officers are currently employed as consultants by several international organizations. According to Professor Stefan Dercon’s recommendation, the government should raise the tax-to-GDP ratio to 13.5 percent annually over the course of the next three years. The Minister of Finance should head the New Policy unit, which should be independent of FBR and closely collaborate with the Prime Minister’s Office. Furthermore, he suggested implementing a…
Author: Mawadat Fatima
Sindh Government’s SPHF Programs: A Transformative Initiative for Housing and Community Development One major step towards meeting the housing needs of populations devastated by floods has been taken by the Sindh government. With the goal of rebuilding lives and offering support to those affected by the severe flooding in the region, the Sindh People’s Housing for Flood Affectees Program was launched. Background Heavy monsoon rains and river overflow have caused frequent flooding in Sindh, a province in southeast Pakistan. Numerous families have been left homeless and are in critical need of aid as a result of the significant damage that…
ISLAMABAD, AUGUST 13: China Mobile International Limited, [China Mobile Communication Corporation (CMCC)] continues to lead the telecom industry, ranking 55th on the Fortune 500 list—a notable rise of seven positions from last year. Specifically, within the telecom sector, China Mobile, which ascended to the top of the industry last year, maintains its leadership on the industry list this year. A total of 133 Chinese companies, including those from Taiwan, made the Fortune Global 500 list when it was issued. The three main Chinese telecom companies have consolidated their positions among them once more. China Mobile has taken advantage of the opportunity provided by the rapidly accelerating…
ISLAMABAD, AUGUST 13: The Karachi Metropolitan Corporation (KMC) has implemented a municipal tax on K-Electric (KE) bills. The amount of electricity that KE customers use will determine the Municipal Utility Charges and Taxes (MUCT). The following fees will be imposed on domestic consumers: 20 for 101 to 200 units 40 for 201 to 300 units 100 for 301 to 400 units 125 for 401 to 500 units 150 for 501 to 600 units 175 for 601 to 700 units 300 for usage exceeding 700 units. A consistent cost of Rs. 400 would be levied to commercial and industrial customers. The…
ISLAMABD, AUGUST 13: Syed Sardar Ali Shah, the minister of education for Sindh, declared that over 800,000 new students are expected to be admitted to the state for the current academic year. As a special guest at a Sindh Education Department event held on Monday at a posh hotel in Karachi, he stressed that headmasters will be expected to plant trees in their schools as part of their job responsibilities. According to Shah, Sindh’s goal for this year is to raise the enrollment ratio by more than 800,000, with an emphasis on community involvement to improve the efficiency of the…
ISLAMABAD, AUGUST 13: Huzaifa Shahid, a budding squash star from Pakistan, won the Japan Junior Open 2024, adding yet another accomplishment to his resume. Huzaifa beat Yuan Xi Liu of China in the final with a resounding 3-0 victory, securing the Under-13 title in an amazing show of ability and willpower. Huzaifa’s third junior title of the year, this victory emphasizes his supremacy in the U13 division. Huzaifa has had an absolutely incredible road to success. He proved his mettle on the global scene earlier this year when he won the Hong Kong Junior Squash Championship with the Under-13 division.…
ISLAMABAD, AUGUST 13: To improve its operational capacity, the Ministry of Information Technology and Telecommunication (MoITT) is actively selecting experts. The ministry is accepting applications for the role of legal consultant as part of this effort. The Performance Evaluation Committee’s permission is required for any annual extensions beyond the initial three-year term of this appointment, which could total up to two more years. MoITT states that the ministry is in charge of developing policies meant to advance Pakistan’s national ICT (information and communications technology) services and infrastructure. The ministry wants to make Pakistan a knowledge-based economy by offering dependable and…
ISLAMABAD, AUGUST 13: Beginning today, two four-day matches between Pakistan Shaheens and Bangladesh A will be played at the Islamabad Club in an entertaining cricket series. Given that several players from each team have been included in their respective national Test squads, this series is significant for both teams as they get ready for the ICC World Test Championship. These matches give cricket players a vital platform to impress selectors and earn spots in their national teams. The Pakistan Shaheens have been practicing hard under head coach Umar Gul, with guidance from recently appointed Test vice-captain Saud Shakeel. The squad…
ISLAMABAD, AUGUST 13: Tiktok introduced group chat feature and stickers for DMs. Users will be able to organize group conversations on the site with up to 32 people, despite it not being universally available. TikTok introduced group chat feature which lets users have real-time discussions, share videos, and comment on them up to 32 members Through their inbox, users can start group chats by tapping the Chat icon or by choosing a contact from the list of messages and then clicking the “More options…” button. Before the group chat begins, users can be added from there. As an alternative, users…
ISLAMABAD, AUGUST 13: The Federal Board of Revenue’s (FBR) new chairman has voiced his misgivings about the aggressive goal of collecting Rs. 40 billion from traders in the current fiscal year. During a high-level meeting on Monday at the FBR headquarters, which was presided over by Finance Minister Muhammad Aurangzeb, Rashid Mahmood Langrial shared his opinions regarding the estimate. The meeting was also attended by Ali Pervaiz, the Minister of State for Finance and Revenue. According to a source who spoke with Dawn, Mr. Langrial questioned the Inland Revenue Service representative about how Rs40 billion could be taken from traders…
