CDWP Recommends Another Motorway Project Worth Rs. 108.5 Billion to ECNEC

The Central Development Working Party (CDWP) on Monday approved three projects worth Rs. 13 billion and recommended another project worth Rs. 108.5 billion to the Executive Committee of the National Economic Council (ECNEC) for consideration. The CDWP meeting was presided over by Deputy Chairman, Planning Commission, Mohammad Jehanzeb Khan, while Secretary Planning, Abdul Aziz Uqaili, senior officials from Planning Commission, and federal ministries and divisions were also present. Representatives of provincial governments attended the meeting through video link. Projects related to governance, higher education, mass media, physical planning and housing, transport, and communication sectors were presented in the meeting. ALSO…

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We Don’t Collect Phone Taxes, FBR Does, Blame Them Not Us: PTA

Pakistan Telecommunication Authority has said that it has nothing to do with taxes on smartphones, as FBR is the body that proposes, approves and collect taxes from smartphone users. PTA, in its clarification wanted to say that government increased the taxes and FBR collects them; and that PTA has nothing to do with taxes on smartphones. PTA further clarified that it is offering its Device Identifications and Registration Database (DIRBS) system for mobile device registration, without any charges for the facilitation of the general public, and that all tax collected from registration of smartphones goes to FBR. PTA made this…

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Kamran Akmal & Arshad Iqbal’s Replacements for PSL 2022 Announced

Pakistan Super League 2022 Technical Committee met on Monday to discuss matters relating to the PCB’s marquee event. With PSL 7 a few days away, all the activities and arrangements are at their peak. ALSO READ Here’s PSL 2022 Official Anthem ‘Agay Dekh’ [Video] Since the preparations for the country’s biggest cricket tournament are in the final stage, the Technical Committee made a few amendments regarding PSL 7, as listed below: Imam-ul-Haq and Omair Bin Yousuf have been added to the reserve pool of players in place of Salman Ali Agha and Musadiq Ahmed, who are unavailable. Imam-ul-Haq and Amad…

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Here’s the Legal Status of Cryptocurrencies All Over the World

Nine countries have banned cryptocurrencies outright, while 42 others have chosen to implicitly prohibit them. The Library of Congress in its report titled, “Regulation of Cryptocurrency Around the World: November 2021 Update,” highlighted an alarming trend wherein the number of nations prohibiting cryptocurrencies has more than quadrupled since 2018. ALSO READ Rain Approaches Science Ministry to Launch Pakistan’s First Legal Crypto Exchange The following breakdown offers more details on how the world turned its back on digital assets in 2021. Jurisdiction Ban on Cryptocurrencies? Application of Tax Laws? Application of AML/CFT Laws? Absolute? Implicit? Albania No No Yes Yes Algeria…

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Jazz Launches Pakistan’s Largest Data Center in Islamabad

Jazz on Monday officially launched Pakistan’s largest data center, the ‘Jazz Digital Park (JDP)”, in Islamabad. Chief Executive Officer, Veon Group, Kaan Terziolu graced the inauguration ceremony as chief guest. CEO, Jazz, Aamir Ibrahim and other senior executives of the company attended the launch ceremony. Another key step in strengthening Pakistan’s ICT infrastructure with the launch of country’s largest data center ‘Jazz Digital Park’ with an investement of $8m. This facility is at the heart of @jazzpk business strategy to ensure data created in Pakistan is hosted witin country. pic.twitter.com/I1McEcpO4u — Aamir Hafeez Ibrahim (@aamir_ibrahim01) January 24, 2022 ALSO READ…

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Here’s How Many Phones Were Manufactured in Pakistan in 2021

The production of mobile handsets by local manufacturing plants during the calendar year 2021 stood at 24.66 million compared to 13.05 million in 2020, registering an increase of 88 percent. The commercial imports of mobile handsets stood at 10.26 million in 2021 compared to 24.51 million in 2020, according to the official data of the Pakistan Telecommunication Authority (PTA) available with Propakistani. The number of locally manufactured/assembled mobile handsets increased by 2.54 million in December 2021 and the total production reached 24.66 million in the calendar year. ALSO READ Rupee Posts Losses Against the US Dollar Over SBP’s Interest Rate…

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Here’s PSL 2022 Official Anthem ‘Agay Dekh’ [Video]

PCB has finally unveiled the most-awaited PSL 7 anthem after numerous delays. Aima Baig and Atif Aslam have lent their vocals for this year’s PSL anthem, marking the first time that superstar Atif Aslam has featured in the theme song of the cricket league. However, the female vocalist Aima Baig previously participated in PSL 6 anthem. ALSO READ Quetta Gladiators Release Official PSL 2022 Anthem Starring Shahid Afridi [Video] The super-hyped anthem of PSL 7 is titled ‘Agay Dekh’, produced and composed by Abdullah Siddique. The song immediately sets the tone for the cricketing competition with uplifting music and dynamic…

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Hyundai Nishat Announces a Huge Price Increase for All Cars

Hyundai Nishat Motors has jumped on the most recent price hike bandwagon with Changan, KIA, DFSK, Toyota, and Honda, following the recently imposed Federal Excise Duty (FED) on vehicles under the new mini-budget. The new prices of its vehicles are applicable from today (24 January). ALSO READ Kia Lucky Motors Also Announces Hefty Price Hikes Hyundai’s premium sedan, Sonata tops the list with the biggest price hike of Rs. 450,000 which has taken its price to Rs. 7,749,000 from up from Rs. 7,499,000. Second in terms of price hikes comes the Hyundai Elantra with an increase of Rs. 400,000. Now…

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Prince-DFSK Announces New Prices for Pearl and Glory 580

Pakistan’s car industry entered 2022 on a sour note due to the implementation of new tax rates and subsequent price hikes. Regal Motors is the latest affectee of the controversial mini-budget and has increased the prices of the Prince-DFSK vehicles. ALSO READ Here’s the Expected Price Increase from Al-Haj Proton for Just One Car With immediate effect, the new prices of Prince-DFSK vehicles are: Vehicles Current Price (Rs.) Expected Price (Rs.) Increase (Rs.) Prince Pearl M/T 1,299,000 1,334,000 35,000 DFSK Glory 580 1.5T CVT 4,539,000 4,649,000 110,000 DFSK Glory 580 1.8 CVT 4,689,000 4,800,000 111,000 DFSK Glory 580 Pro 4,920,000…

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Leak Reveals Xiaomi and Redmi Phones Coming in 2022

Xiaomi kickstarted the new year with the launch of its flagship Xiaomi 12 series, powered by the Snapdragon 8 Gen 1. A recent leak from China has now revealed key details and codenames of Xiaomi’s upcoming releases for 2022. Popular tipster Digital Chat Station revealed the codenames of Xiaomi’s upcoming twelve releases, currently in development. The first four ‘Munch’, ‘Rubens’, ‘Matisse’ and ‘Fog’ indicate the internal software codenames for the upcoming Redmi K50 models. The Redmi K50 series is expected to include the vanilla Redmi K50, K50 Pro, K50 Pro Plus, and the K50 Gaming Edition. ALSO READ Sony Seeks…

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