Tech and Telecom

Telenor Pakistan’s purpose goes beyond connectivity to creating a positive impact that enables societies and brings people closer. For the past 16 years, Telenor has been empowering societies across the country and connecting people to what matters most to them. Today the organization continues to strive to bring its customers an experience that enables them to be MORE, do MORE and achieve MORE. Pakistan’s flag bears two colors signifying Muslims and minorities. The flag is knit together with the fiber of co-existence and mutual respect that, when echoed in the society, signifies the Pakistan that Jinnah envisioned. Telenor Pakistan believes…

The Federal Board of Revenue has issued a clarification regarding a disturbance in Customs Operations due to the up-gradation of FBR Data Center. ALSO READ FBR Extends Deadline for Filing Sales Tax and FED Returns FBR has clarified that Customs operations have remained fully operational, throughout this week. Goods Declaration (GD) filing in Weboc for export has remained fully operational however due to a slight glitch in the Active Taxpayer List (ATL) module, import GDs filing was temporarily affected where ATL data was required as input in the Weboc system, which was restored on priority. Goods Declaration (GD) for imports…

A long-running dispute between Huawei Technologies Co. and a small U.S.-based contractor has escalated to U.S. federal court, with the contractor alleging Huawei stole its technology and pressured it to build a “back door” into a sensitive law-enforcement project in Pakistan. The contractor, Buena Park, Calif.-based Business Efficiency Solutions LLC, or BES, says in a lawsuit filed Wednesday in California district court that Huawei required it to set up a system in China that gives Huawei access to sensitive information about citizens and government officials from a safe-cities surveillance project in Pakistan’s second-largest city of Lahore. Muhammad Kamran Khan, chief…

Pakistan is known for its rich cultural background from its many provinces come people from various ethnicities and religions whether we have Muslims, Sikhs, Hindus or Chritians among all our other brethren. The country with its diversity brings many definitions of freedom, yet what remains constant is the smile that this freedom brings with it. Although backgrounds and aspirations may vary, but freedom with its many colours and expressions is visible when we smile and it synchronizes us with everything that makes us happy. Pakistani telecom operator, Ufone, has over the years embraced Pakistan’s unity in diversity by celebrating every…

The Federal Board of Revenue (FBR) has extended the date of payment and submission of Sales Tax and Federal Excise Return for the Tax Period of July 2021. ALSO READ FBR Extends WHT Exemption Period for Selected Imports In its letter to all Chief Commissioners Inland Revenue (IR), the FBR has informed about the extension in date of payment of Sales Tax and FED up to August 23, 2021 which was earlier set as August 15, 2021. Similarly, the date of submission of Sales Tax & Federal Excise Return has been extended up to August 24, 2021 which was earlier…

The overall output of Large Scale Manufacturing Industries (LSMI) increased by 14.85 percent for the fiscal year (July-June) 2020-21, compared to the same period (July-June) 2019-20, says Pakistan Bureau of Statistics (PBS). According to provisional Quantum Index numbers of Large Scale Manufacturing Industries (QIM), the LSMI output increased by 18.42 percent for June 2021, compared to June 2020, and increased by 4.36 percent, if compared to May 2021. ALSO READ Govt Committed To Provide More Facilities To Pakistani Remitters Abroad The LSMI Quantum Index Number (QIM) was recorded at 148.71 points during July-June 2020-21 against 129.49 points during the same…

Resonating with the spirit of freedom, PSO, the nation’s most progressive energy company, has released an advertisement that beats with the rhythm of every Pakistani’s heart. The unconventional advertisement by PSO showcases the individuality and versatility of our country which instils the spirit of freedom and independence in our people. This Independence Day campaign ‘The Sounds of Freedom’ by PSO is right in time to celebrate the patriotic spirit of a diverse nation. What sets this advertisement apart from the rest is the message of acceptance that it displays. Being the flagship Oil Marketing Company of the nation, PSO has…

Prime Minister Imran Khan chaired a review meeting on facilitating Pakistani remitters abroad under PM’s priority sectors. Finance Minister Shaukat Fayyaz Tareen, Special Assistant Dr. Shahbaz Gill, Governor SBP Raza Baqir, Chairman NADRA Muhammad Tariq Malik and other senior officials attended the meeting. ALSO READ Pakistan Now Ranks Amongst Top-Tier FATF-Compliant Countries: APG The meeting was informed that the Ministry of Finance and SBP are jointly developing a comprehensive package for remitters, which includes not only financial incentives and rewards in proportion to the remittances, but also the opening of remittance beneficiary accounts which include ensuring immediate transfer. A digital…

Asia Pacific Group (APG) on Money Laundering has published results of Pakistan’s third Mutual Evaluation follow-up Report on 12 August 2021. As per the report, Pakistan has achieved compliant/largely compliant rating in 4 more recommendations, leading aggregate to 35/40 Recommendations rated as Compliant (C) or Largely Compliant (LC). ALSO READ CCP Slaps Rs. 44 Billion Penalty On 55 Sugar Mills Pakistan is now in the top tier of countries that have achieved a rating of C/LC for over 35 of the 40 FATF Recommendations. Moreover, Pakistan has also achieved the rating of Largely Compliant / Compliant in all Big Six…