Islamabad, Aug 30: Through its Web Monitoring System, the Pakistan Telecommunication Authority (PTA) has begun to limit access to various websites, social networking links, and mobile applications. Through its Web Monitoring System, the PTA has so far blacklisted 2,369 URLs and 183 mobile applications that expose personal data and identity information, according to a written reply from the Minister in charge of the Cabinet Division to the National Assembly. The WMS is a surveillance infrastructure that makes use of Deep Packet Inspection (DPI) technology, according to sources that spoke with Bloom Pakistan. This gives PTA considerable control over internet traffic…
Author: Mawadat Fatima
Islamabad, Aug 30: A three-day ban on public access to beaches and coastlines has been enforced by Karachi local authorities due to the possibility of an impending storm. After numerous warnings from the Meteorological Department and a period of intense rain, the decision was taken. Commissioner Karachi has put Section 144 into effect, making it illegal to enter beaches and other coastal regions between now and August 31. On the recommendation of the Deputy Commissioners of the South and Kemari districts, the prohibition forbids all beach activities, including swimming, diving, and sightseeing. The prohibition will be severely enforced by the…
Islamabad, Aug 30: The Senate Standing Committee on Privatization was informed on Thursday by the Secretary of the Privatization Commission that Pakistan International Airlines (PIA) will be fully privatized by October 1st, 2024. The secretary briefed the committee, stating that Prime Minister Shehbaz Sharif had directed that the procedure be finished on time and without further delays. Senator Muhammad Tallal Badar, the head of the committee, expressed hope that PIA’s sale will be completed in the allotted time. He cautioned against putting political objectives ahead of the wellbeing of the country at the same time. The committee continued talking about…
Islamabad, Aug 30: In the Gulberg region, the TEPA Directorate of Parking and Enforcement-II was active, sealing more than twenty-two homes for parking infractions. The operation targeted a variety of buildings, including well-known brand stores, showrooms, private offices, dining facilities, and coffee shops that have infringed on parking spots in violation of the law. It took place on Javed Iqbal Road, Sir Syed Road, and Blocks C-1, D-1, and L of Gulberg. TEPA Chief Engineer Iqrar Hussain oversaw the operation, which was carried out by TEPA Enforcement Director Furqan Zaheer. Separately, the LDA Town Planning Zone V intervened on Avenue…
Islamabad, Aug 30: Ambassador Rizwan Saeed Sheikh today presented copy of credentials as Pakistan’s Ambassador to the United States. Assistant Secretary of State for the Bureau of South and Central Asian Affairs Donald Lu and Principal Deputy Assistant Secretary Elizabeth Horst were present during the traditional ceremony at the US Department of State. In his remarks on the occasion, Ambassador Sheikh looked forward to contributing to cementing Pak-US bilateral ties to the best of his abilities. To that end, he particularly emphasized the significance of enhancing the frequency of high-level interaction, economic linkages and people to people contacts between the…
Islamabad, Aug 30: The Joint Venture of Sinjhoro Block comprising Oil & Gas Development Company Limited (PSX: OGDC), Orient Petroleum (19 percent) & GHPL (5 percent) has made gas condensate discovery at the Baloch-2 well in the exploratory zone of Sembar Formation, in Baloch Development and Production Lease (D&PL), Sinjhoro Exploration Licence, located in District Sanghar, Sindh Province. OGDC is the Operator of the exploratory well with 76 percent working interest. Baloch-2 well was spudded-in on February 24, 2024, and drilled down to total depth of 3,920m TVD in Sembar Formation as an exploratory effort by OGDCL, with in-house evaluation…
Islamabad, Aug 30: Out of the 3.1 million merchants in Pakistan, only 270,000 (8.7%) submitted tax reports and paid a total of Rs. 34 billion in the preceding tax year. In the meantime, during the review period, the salaried class paid Rs. 375 billion in taxes; because of higher tax rates, this amount is anticipated to increase to Rs. 450 billion in the current fiscal year. 80–90 billion rupees were supplied by exporters previous year. They have since been moved to the standard tax system, though. Meanwhile, large landowners paid only Rs. 2 billion in Agriculture Income Tax (AIT). Further…
Islamabad, Aug 30: Due to the continuous, intense rains in Karachi, the Federal Urdu University has announced that its admission exam, which was initially planned for tomorrow, has been postponed. Dr. Mohammad Rashid Tanveer, Director of Admissions, has verified that individuals seeking for MPhil, MS, and PhD programs are impacted by the decision. In order to protect the safety and comfort of all applicants, university administrators decided to reschedule the tests due to the unfavorable weather and rain, which have affected daily life around Karachi. The new date of the admission examinations is Friday, September 6, at 3 PM. To…
Islamabad, Aug 30: Due to the ongoing rain on Friday, the second Test between Pakistan and Bangladesh at the Rawalpindi Cricket Stadium has been postponed. The planned toss and play have been impeded by persistent showers in Rawalpindi and Islamabad since early in the morning, leaving the outfield flooded and unsuitable for cricket play. The weather forecast indicates that there will be sporadic rain throughout the morning and maybe into the afternoon, which will make it more difficult to start the match on time. When the weather permits, a roller will be used to prepare the pitch, which has been…
Islamabad, Aug 30; SECP Announces New Financial Statement Disclosure Rules for Listed Companies. New disclosure criteria for financial statements by listed firms and their subsidiaries that do not have their primary business activity involved in Shariah-compliant activities have been announced by the Securities and Exchange Commission of Pakistan (SECP). S. R. O.1278(I)/2024, which amends the Fourth Schedule of the Companies Act of 2017, has been released by the SECP. The following must be disclosed in a standalone and consolidated financial statement in accordance with Section 228 of the Securities Act by every listed company and its subsidiary that does not engage…
