On Friday, May 31, the Federal Board of Revenue (FBR) announced that a total of 21,870 retailers had been registered under the Tajir Dost Scheme as of May 30. According to FBR data, 17,569 retailers enrolled through the Tajir Dost scheme, while 4,301 registered through other means. The data further indicated that 5,512 retailers from Karachi, 6,706 from Lahore, and 1,927 from Islamabad registered under the scheme. Additionally, 2,742 traders from Rawalpindi, 1,857 from Peshawar, 1,226 from Quetta, and 1,900 from other cities were also registered.
Author: WebDesk
Kia Motors Pakistan has unveiled a subtle upgrade to its crossover SUV, the Kia Sportage, but with a twist. In a recent social media announcement, the company revealed the refresh exclusively in the form of a limited edition version of the vehicle. “Presenting a bold new appearance for the Kia Sportage Limited Edition featuring a distinctive new emblem,” the company disclosed. This implies that the new emblem will be exclusive to the limited white edition and not available across all models or variants of the car. Kia Sportage Limited Edition Dubbed “Clear White,” Kia Motors introduced the Kia Sportage Limited…
In recent days, Pakistan’s southern province of Sindh has been grappling with scorching temperatures reaching up to 52°C. However, the focus on traditional temperature readings overlooks a critical factor: wet-bulb temperatures, a more accurate indicator of human health risk accounting for both heat and humidity, surpassed a dangerous threshold of 30°C. Wet-bulb temperature, a key metric for assessing heat stress, considers the combined effects of heat and humidity on the body’s ability to regulate temperature. When humidity is high, sweating becomes less effective, hindering the body’s ability to maintain a safe core temperature of 37°C, crucial for survival. Recent studies…
Pakistani students aspiring to pursue medical and dental education abroad will now need to obtain a No-Objection Certificate (NOC) from the Pakistan Medical and Dental Council (PMDC), effective from the 2024 academic session. This decision was made in response to growing concerns about the quality of education at some foreign medical and dental schools. “Many students have been enrolling in colleges and universities that are not recognized in the host countries,” officials stated. Officials from the Ministry of National Health Services, Regulations, and Coordination (NHS,R&C) confirmed the new policy, emphasizing that additional measures are under consideration. These steps aim to…
KARACHI: Sindh Chief Minister (CM) Syed Murad Ali Shah presided over a cabinet meeting, approved several initiatives, including launching the Hub Canal project using provincial government resources, additionally, 100 acres of land were allocated for an Inclusive City for Persons with Disabilities. The cabinet meeting also saw the decision to impose property tax collection in cantonment board areas, acquire 50 electric buses on a Rent Own Financial Model, launch S-BOSS for a consolidated business registry, and form a Sindh-based home workers council. The meeting was held at CM House on Thursday and was attended by provincial ministers, advisors, the chief…
Thick display bezels are typically seen on budget phones and are often considered unattractive. However, according to tipster Ice Universe, the upcoming Galaxy Z Fold 6, despite being Samsung’s most expensive phone, is expected to have noticeable bezels. Ice Universe, known for his accurate Samsung leaks, has shared an image of the Z Fold 6’s cover screen, which shows large bezels around it. This cover screen is expected to be 6.3 inches diagonally and will feature a revamped 22:9 aspect ratio. The broader cover screen of the Z Fold 6 is anticipated to offer improved typing comfort compared to the…
ISLAMABAD: Pakistan and Kuwait signed agreements on industrial cooperation and engineering on Thursday, as both countries committed to strengthening their economic ties for mutual benefit, according to Pakistan’s Privatization Ministry. The agreements were signed during the fifth joint ministerial commission meeting between the two countries. Pakistan’s delegation, led by Minister of Communications, Investment Board, and Privatization Abdul Aleem Khan, visited Kuwait for this purpose. Amidst efforts to attract foreign investment, particularly from Gulf countries such as Saudi Arabia, UAE, Oman, Qatar, and Kuwait, Pakistan is grappling with a macroeconomic crisis characterized by depleted reserves and soaring inflation. “Pakistan and Kuwait…
Islamabad: The Capital Development Authority (CDA) Chairman, Muhammad Ali Randhawa, has initiated a comprehensive plan to upgrade all commercial centers in Islamabad, including Jinnah Super, as reported on May 30. During his visit to Jinnah Super Market, Randhawa inspected the facilities and emphasized the need for the immediate operationalization of underground parking plazas. He directed improvements in lighting, security, and the overall condition of the parking areas. Additionally, he ordered the removal of encroachments and announced plans to visit all markets and centers in Islamabad soon.
Federal Minister for Finance and Revenue Muhammad Aurangzeb met with representatives from the Pakistan Association of Large Steel Producers (PALSP), Pakistan Steel Melters Association (PSMA), Pakistan Steel Re-Rolling Mills Association (PSRMA), and Pakistan Steel Pipelines Association (PSPA) at the Finance Division today. The delegation provided an overview of the steel industry’s performance and discussed potential strategies for its growth. Highlighting the importance of creating a favorable environment for industry expansion, they proposed adjustments to tax and custom duties. They also advocated for support of the organized sector and emphasized the need to incorporate all producers and sellers into the tax…
Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $63 million on a weekly basis, amounting to $9.09 billion as of May 24, according to data released on Thursday. The country’s total liquid foreign reserves stood at $14.31 billion, with net foreign reserves held by commercial banks at $5.22 billion. The central bank attributed the decrease in foreign currency reserves to external debt repayments. “During the week ended on May 24, 2024, SBP reserves decreased by $63 million to $9.0937 billion due to external debt repayments,” stated the SBP. In contrast, Pakistan’s central bank reserves had…
