Govt to Import More Sugar as Strategic Reserve

The Government of Pakistan has decided to import a slightly higher quantity of sugar than it had previously decided through the Trading Corporation of Pakistan (TCP) as strategic reserves. It will now import 0.6 Million Metric Tons (MMT) instead of the previous target of 0.5 million tons, reported a local newspaper. ALSO READ NPMC Orders Govt to Immediately Import 2 Million Tons of Wheat The newspaper report revealed that the government has also excluded sugar from the Third Schedule of the Sales Tax, 1990, aimed at reverting to the ex-mill price of 30 November 2020. The Federal Board of Revenue…

Google Pixel 6 to Launch this Fall with a Custom Tensor Processor

Google has given us an early look at the upcoming Pixel 6 and has confirmed a number of specifications and features. The biggest highlight of the Pixel 6 series is the custom Tensor processor and a new camera system and design. ALSO READ Google’s Parent Company Reports $61 Billion Revenue in Q2 2021 Google Pixel 6 and 6 Pro will feature a Tensor processor, which will be a custom-designed chip manufactured by Samsung. This is a similar concept to Apple’s A-series chips.  The specs of this chip are unknown, but we’ll hear more in the coming weeks. Google says that…

PSO Issues Clarification Over LNG Purchase Controversy

Pakistan State Oil (PSO) has clarified that the state-owned petroleum corporation has not made the costliest purchase of LNG cargoes. In an official statement, PSO has strongly refuted the media reports which suggested that it made the costliest purchase of LNG cargoes not only in the country’s history but the second-highest summer purchase in the world and failed to publish the procurement rates. ALSO READ PTV HD is Ready to be Launched PSO has not purchased any cargo at $20.055. The bid received against the required delivery of 29 and 30 August 2021 was higher than the price acceptable to…

CAA Asks Why Meals Are Not Served on Local Flights

The Civil Aviation Authority (CAA) has sought clarification from the airlines for not serving meals to passengers on domestic flights. The aviation authority took notice of the violation of meal service in the name of COVID-19 and expressed concerns over the non-provision of meals to the passengers during flights. ALSO READ Here’s the Complete Schedule for the Inaugural Kashmir Premier League In a statement on Monday, the aviation authority maintained that it had granted permission to the airlines to serve meals on domestic flights, yet some carriers failed to follow the order and spread misinformation in this regard, which is…

Sindh Starts COVID-19 Vaccination for 18 Year Olds Without CNIC

The Sindh government has decided to extend the COVID-19 vaccination campaign to citizens who have attained 18 years of age but have not yet obtained their CNICs. The decision has been taken on the recommendation of the provincial Task Force on Coronavirus, headed by Chief Minister Sindh, Syed Murad Ali Shah. ALSO READ Planning Minister Directs for Expediting Work on CPEC Projects Speaking to the media, a spokesperson for Sindh’s health ministry said that one can present documents like birth certificates, B-forms, or academic certificates to prove their identity in order to receive the vaccine. In the case of domestic…

Dukan Clocks 100,000 E-Commerce Stores Created by Local Sellers on its App

Dukan.pk, an e-commerce startup that lets anyone with a smartphone build a web store, announced today that 100,000 small businesses in Pakistan have built e-commerce stores using its mobile app. This marks a major milestone for Dukan, which commenced operations just five months ago. Dukan’s growing community of entrepreneurs includes both established and home-based sellers from all sectors including food, fashion, electronics, and retail. By providing free-of-cost technology tools to sell online, these sellers can reach markets beyond their physical proximity to grow their businesses. ARVE Error: src mismatchurl: https://www.youtube.com/embed/sFBwHyj2fJcsrc in: https://www.youtube-nocookie.com/embed/sFBwHyj2fJc?feature=oembed&modestbranding=0&showinfo=0&rel=0&autoplay=1src gen: https://www.youtube-nocookie.com/embed/sFBwHyj2fJcActual comparisonurl: https://www.youtube.com/embed/sFBwHyj2fJcsrc in: https://www.youtube-nocookie.com/embed/sFBwHyj2fJc?modestbranding=0&showinfo=0&rel=0&autoplay=1src gen: https://www.youtube-nocookie.com/embed/sFBwHyj2fJc…

Telecom Falls Under High Profit Margin Services That Pay Higher Taxes: Finance Ministry

The telecom services are a high-profit margin service compared to other services, therefore subjected to higher taxes, says the Finance Ministry. The Ministry for Finance and Revenue said this while responding to a question asked in the National Assembly regarding the withholding tax on telecom services being significantly higher compared to some of Pakistan’s other sectors. ALSO READ Telcos Fail to Meet NGMS Performance Standards in PTA Survey In its answer, the ministry submitted that Income Tax is collected under section 236 of the Income Tax Ordinance, 2001, by telecom companies on mobile phone services at the rate of 10…

Here’s the Complete Schedule for Inaugural Kashmir Premier League

Shahid Afridi’s Rawalakot Hawks will take on Shoaib Malik’s Mirpur Royals in the first match of the inaugural edition of Kashmir Premier League (KPL) as the schedule for the tournament has finally been released. ALSO READ ICC Dismisses India’s Request Against Kashmir Premier League The six-team tournament will be played from 6-17 August in Muzaffarabad. Rawalakot Hawks, Mirpur Royals, Overseas Warriors, Muzaffarabad Tigers, Kotli Lions, and Bagh Stallions will battle it out in a 19-match tournament to be crowned as champions of the inaugural edition of KPL. The play-offs for the tournament are scheduled to start from 14 August, with…

Vivo iQOO 8 is Launching on August 17

The iQOO 8 series has frequently appeared in teasers and leaks over the past month and we have even seen hands-on images for the devices. Vivo has now revealed a launch date as well, confirming that it will become official on August 17. ALSO READ vivo Marks 4th Anniversary with Renewed Commitment and Dedication to Pakistan The text on the poster says “Full Control on the verge of iQOO 8 Series Conference”, which is likely a hint at the iQOO 8’s high performance, but in a rough translation. Previous reports have shown that the iQOO 8 will be the first…

Planning Minister Directs for Expediting Work on CPEC Projects

The 2nd meeting of the Pak-China Relations Steering Committee was held in Islamabad, on Monday, under the Chairmanship of Federal Minister for Planning Development and Special Initiatives, Asad Umar. The ongoing projects under CPEC and the issues facing their investors were discussed in detail in the meeting. ALSO READ Power Division and GIZ Pakistan Sign Agreement For $4 Million Renewable Energy Project While discussing CPEC Energy projects facing delays owing to the COVID-19 pandemic, the Committee directed Power Division to formulate a policy to deal with COD extensions issues of the power projects. Power Division was also directed to ensure…