Islamabad: The Federal Board of Revenue (FBR) has finalised proposals for new taxation measures worth PKR 300 billion to bridge the income shortfall incurred in the tax year (TY) 2022-23, the news sources reported on February 10. Read: FBR to enact tax law amendments to increase revenue The FBR Tax Laws Amendments Ordinance, 2023, which will be presented before the federal cabinet for final approval...
Lahore: Lahore Commissioner Chaudhry Muhammad Ali Randhawa has issued the deadline for the completion of the Lahore Flyover on Ferozepur Road, according to news published on February 9. Read: LDA to use plastic road tech for Ferozepur Road’s rehabilitation As per the details, the commissioner visited the project site to review the ongoing construction work. During the visit, the commissioner...
Lahore: Pakistan’s cement industry has registered a mild growth of 1.15% in January as compared to January 2022, with sales reaching 4.005 million tonnes against 3.960 million tonnes recorded last year, according to the news published on February 04. As per the All-Pakistan Cement Manufacturers Association (APCMA)’s report, local cement dispatches also increased by 5.24% in January 2023 on a...
Islamabad: The Federal Board of Revenue (FBR) has surpassed its tax collection goal of PKR 533 billion by PKR 4 billion in January 2023, news sources reported on February 8. Read: FBR to enact tax law amendments to increase revenue With preliminary FBR tax January figures showing a collection of PKR 537 billion, the FBR has shown an increase of 23% from the same month last year. According to a...
Islamabad: The Central Development Working Party (CDWP) has approved 10 development projects, worth PKR 87.17 billion, according to news published in the leading newspaper on February 7. A meeting was held in which CDWP members met Federal Minister for Planning and Special Initiatives Ahsan Iqbal. The meeting approved 10 uplift projects related to the Ministry of Housing and Works, the Ministry of...
Rawalpindi: The Rawalpindi Metropolitan Corporation (RMC) has requested the consultant – Mott MacDonald Pakistan Private Limited – to complete the traffic survey of 20 roads and squares in Rawalpindi, according to news published in the leading newspaper on February 5. Read: RDA directs consultants to expedite work on Rawalpindi Master Plan The consultant has requested the traffic police’s help...
Islamabad: The Capital Development Authority (CDA) on Monday (January 30) issued a notification to switch off half the streetlights on every road in the federal city under the new energy conservation plan, news sources reported. The measure has been adopted under the ‘Energy Conservation Plan’ formulated by the federal government. However, residential areas with considerable population density will...
Islamabad: Pakistan and China have collaborated on hydropower projects under China-Pakistan-Economic-Corridor (CPEC) and work on such projects is in full swing, according to news published on February 1. Read: CPEC projects: Trial operations for Karot Hydropower Project begin Heroboss Technology Group Chairperson Wang Chunping stated that the Pakistan-China small hydropower cooperation is injecting...
Lahore: The Lahore High Court (LHC) has removed time restrictions on restaurants and eateries in Lahore to operate and serve customers until 11 PM, news sources reported on February 2. Read: LDA Master Plan 2050: Gulberg to get new sewage system The LHC has ordered the city administration to modify their previous time restrictions order and allow restaurants, eateries, coffee shops and cafes to...
Karachi: The Karachi Development Authority (KDA) issued warnings to the owners of residential plots using their properties for commercial activities in Clifton, the news sources reported on February 3. Read: Supreme Court orders demolition of marquees on Korangi Road In a statement issued by the KDA, it was stated that the owners of residential plots where commercial activities are being carried out...