Special Investment Equipment Council (SIFC) has directed the Energy Department to take steps to reduce the electricity tariff for SEZS to a regional competitive rate of 9 cents per unit. The decision, which aims to attract investment, was made at a modern meeting of the SIFC Apex Committee, headed by the Prime Minister and attended … Read more
The US Department of Justice, in coordination with the Dutch National Police, seized 39 areas and servants linked to a Pakistan -based electronic crime network run by a group known as Saim Raza, which is also referred to as HeartSender. The network facilitated the sale of piracy and fraud tools used by the cross -national … Read more
Islamabad: Punjab has expanded its property tax collection system to include residential communities outside urban centres, marking the first time taxes have been imposed on such areas, according to tax department officials. Under the new framework, residents of government-approved housing societies will be required to pay property tax based on metropolitan rates. The Excise Tax … Read more
The World Bank has approved additional financing of $450 million for the Sindh Flood Emergency Housing Reconstruction Project to support the reconstruction of resilient housing for people in Sindh province affected by the 2022 floods. According to a World Bank press release, the new support will build on the original $500 million project, approved in … Read more
The Pakistan Telecommunications Authority (PTA) has announced that mobile phone and internet services have been suspended in several areas of Balochistan and Khyber Pakhtunkhwa following an escalation in terrorist attacks. “To ensure public safety and security, mobile phone and internet services have been suspended,” the PTA noted in its announcement. The suspension, which was implemented … Read more