The Federal Minister for Finance, Shaukat Tarin, said that power tariffs will not be increased in the future. He said this on Sunday, and added that while taxpayers will not be burdened with more taxes, tax evaders will be jailed, and explained that the tax thieves will be located through modern technology and power bills, and put in jails. While addressing a budget seminar, Minister Tarin stated, “Our priority is to achieve the targets for stable progress,” and added, “We consulted economic experts for economic improvement”. He said that it is essential to increase exports to improve the economy and…
Category: Tech and Telecom
Cabinet to Approve Policies for NGMS Spectrum Auction on Tuesday
The Federal Cabinet is likely to approve the policy directive for auction of next-generation mobile services (NGMS) spectrum in Pakistan on Tuesday for the improvement of mobile broadband services, through which the government has estimated to generate over one billion rupees in revenue. Prime Minister Imran Khan will preside over the cabinet meeting to consider ‘Policy Directive for the auction of NGMS spectrum in the country,’ drafted by the Ministry of Information Technology and Telecommunication. According to the draft policy, a copy of which is available with Propakistani, the spectrum auctions for NGMS in Pakistan were conducted in 2014, 2016,…
Ehsan Mani Responds to Rumors of Resignation as PCB Chairman
Pakistan Cricket Board (PCB) Chairman, Ehsan Mani, has refuted the claims that he has submitted his resignation to the patron-in-chief, Prime Minister Imran Khan, saying that the claims are just rumors. ALSO READ Wasim Akram Advises Pakistanis To Learn From Indians Mani was appointed as the PCB Chairman in September 2018 by PM Imran for three years, and his contract will expire within the next few months. However, sources close to Mani have revealed that he wants to continue in the role and is hopeful of getting an extension. The former wicket-keeper batsman, Rashid Latif, recently claimed that Mani offered…
Daraz and Robinhood Army Alleviating the Ethical Binning of Fresh Products
Daraz, one of the biggest online shopping platforms, recently announced its partnership with Robinhood Army. The aim of the partnership is to reduce the ethical binning of the food. The partnership works on the model where the canceled orders from dFresh will be given to the Robinhood Army who will further distribute them amongst those who need it. Since the announcement of the partnership, Daraz has donated around 1,350+ kgs of fresh products that were generated from 170+ orders. Almirah Naz Butt, Head of CSR, Daraz said, “One of the biggest challenges was the disposal of leftover food due to…
TikToker Arrested for Making Video in Court
A man and his companions were arrested at Lahore’s District and Sessions Court for making a TikTok video in the court. The police said that the accused had come to attend the hearing of his friend who is suspected of an attempt to murder in a case. ALSO READ PM Imran Lauds FBR for Collecting Record Revenues The TikToker, who was identified as Rehman Ali, had tried to make a TikTok video with the suspect and other friends. The security in charge said, “They were harassing people and misbehaving with them while recording the video”. Rehman Ali is from Main…
Building the Digital Future of Agriculture
The digital revolution is rapidly spreading to every part of Pakistan, every facet of our society, and the way we consume, but as the mainstay of the country’s economy, the agriculture and food system lags in embracing a digital and connectivity-driven transformation. According to the UN, the growth of the global population, increasing affluence, and amplified urbanization are threatening global food security. Globally, the agriculture sector is witnessing a profound shift in technological adoption. Farms around the world are leveraging the advancements in ICT by modernizing their operations. Having experienced a rapid series of transformations since the 19th century, the…
Lenovo Had its Best Financial Year in a Decade Earning $60 Billion in Q4
Lenovo had its best financial year in the 2020/2021 period with record-breaking revenue and profit figures. The Chinese computer manufacturer crossed the $60 billion revenue mark in the fourth quarter of 2020, showing that the company is on the right track. ALSO READ Lenovo Pad Pro 2021 Teased With 90Hz OLED Screen and Top Specs Lenovo Group managed to increase its revenue by 48% compared to last year, which was an impressive gain of $15.6 billion. There was a staggering 392% increase in pre-tax profits and a 512% surge in profits after tax, which is a groundbreaking record. According to…
PM Imran Lauds FBR for Collecting Record Revenues
Prime Minister Imran Khan appreciated the Federal Board of Revenue’s (FBR) efforts for collecting record revenue of over and above Rs. 4000 billion during July-May (2020-21). In his tweet on Saturday, PM stated during July-May (2020-21) the revenue collection reached Rs. 4113 billion, 18 percent higher than the same period last year. This reflects the broad-based economic revival spurred by government policies. I commend efforts of FBR in crossing historic milestone of Rs 4,000 bn in any yr for first time ever. During Jul-May our collections reached Rs.4143 bn & still counting – 18% higher than same period last yr.…
Pakistan’s GDP Growth is Projected at 3.94% Signaling a Full Recovery: APCC
The Meeting of the Annual Plan Coordination Committee (APCC) was held under the chairmanship of Deputy Chairman, Planning Commission on 28th May 2021. The meeting was attended by officials of provincial governments, SBP, and federal ministries. Deputy Chairman elaborated that APCC is the millstone of the development budget approval process. Although formal and informal consultations on development where the federal government, provinces, and regions collectively review development proposal, for the coming year as well as the performance of the out-going year. DCPC pointed out that the recent PSLM Survey has identified massive verticals and regional inequalities across regions and we…
Mysterious Forest Fires Engulf Margalla Hills Again
The Capital Development Authority (CDA) and the Islamabad Wildlife Management Board (IWMB) have failed to prevent recurrent fires in the Margalla Hills National Park. At least three fires broke out in the hills on Friday, following another fire on Wednesday. These hazards are affecting the local ecosystem by destroying the flora and threatening the fauna. The Margalla Hills are spread over 12,605 hectares and have been affected by a large number of fires every year, which the CDA and the IWMB have been unable to control. “There is a need for a proper investigation to know what are the reasons…
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