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12/06/2022

3rd Odi has stooped due to bad weather

11/06/2022

Ghulam Ishaq Khan Institute of Engineering Sciences and Technology (GIKI) announced to conduction online admissions test on their official website on 1st May. According to the sources candidate from across the world can take admission test from the comfort of their homes. The decision was made after discontinuation of SAT II (Subject Test). Although SAT II (subject test) has been discontinued by college board, however, GIK will accept scores earned in last two years by the candidates.

GIK has reduced their application processing fee from Rs. 5,500 to Rs. 1,000 and increased the number of scholarships to attract bright students that cannot afford to meet educational expenses.

DWP Group (Foundation) and GIK Signed an MoU to Provide 15 New Full Scholarships to GIK Undergraduate Students. Under the agreement, DWP Foundation will cover 50% whereas GIK will arrange the remaining 50% of the expenses.

Similarly, BARD Foundation and GIK Signed an MoU to establish Descon Endowment Fund of over Rs. 100 million that will provide full scholarships to undergraduate students of GIK.

GIK is a fully residential campus famous for its quality education. GIK is ranked first and 37th globally in impact ranking of Times Higher Education 2022.

09/06/2022

Breaking News
Dr Aamir Liaqaut Hussain Found Dead at his home.

08/06/2022

The coalition government is mulling introducing a string of new tax measures in the upcoming budget to raise around Rs300 billion in additional revenue in 2022-23 (FY23) and is tasking the Federal Board of Revenue (FBR) to finalise areas and sectors in the next couple of days, Dawn has learnt from official sources.

The new tax measures include a proposal for a ‘luxury income tax ’ which will be a replica of a wealth tax if approved to tax real estate, including big houses in posh areas, while also bringing owners of luxury vehicles into the ambit of this tax as part of the deal to revive the stalled International Monetary Fund programme (IMF).

The broader directions from Prime Minister Shehbaz Sharif are to focus on direct taxation, especially taxing the income of the affluent class. The proposal also includes extending and effectively taxing rental income. There will be no title for a luxury tax in the budget documents, but the spirit is to tax the rich people. The government plans on avoiding taxing sectors or products that can affect poor people, sources said.

08/06/2022

Prime Minister Shehbaz Sharif on Tuesday stressed the need for creating a charter of economy, saying that all stakeholders should collaborate on formulating a framework for achieving economic growth.

He made the remarks while addressing the day-long Pre-Budget Business Conference organised by the government to explore avenues of consensus-based economic measures, which was attended by top economists, industrialists and businessmen.

During his speech, the premier said that in order to enhance exports and agricultural yield, financial management was imperative.

“All of us will have to move collectively. The government will need guidance from stakeholders and experts. The government will form a taskforce on agriculture and exports for formulating comprehensive plans,” he said.

PM Shehbaz said his government had around 15 months to undertake short and medium-term measures for the economy.

He regretted that Pakistan lagged behind other nations, while the rest had excelled by following their development plans.

He said Pakistan was blessed with talented people who were capable of replicating India's success in the IT industry. PM Shehbaz said he had tasked Minister for Information Technology Aminul Haque with taking IT exports to $15bn over the next two years.

"We cannot progress until we set ambitious targets," he stressed.

08/06/2022

At the request of the United Arab Emirates (UAE) embassy, the federal government has decided to give special permission to export 100 goats to Dubai, well-placed sources revealed Tuesday.

It is pertinent to mention here that under Export Policy Order 2020, the export of live animals is banned in the country.

The sources privy to the matter said that the federal cabinet approved the foreign ministry's summary through circulation today.

The goats would be exported for UAE President General Sheikh Muhammad Bin Zayed. The federal cabinet was requested to give special permission to export the goats for the UAE president.

07/06/2022

German Foreign Minister Annalena Baerbock arrived in Pakistan on Tuesday for a two-day visit at the invitation of Foreign Minister Bilawal Bhutto Zardari.

She was received by Bilawal at the Foreign Office in Islamabad where the foreign ministers will hold delegation-level talks on a range of bilateral, regional and global issues.

According to the Associated Press of Pakistan, Baerbock will also call on Prime Minister Shehbaz Sharif.

07/06/2022

The Prime Minister’s Office (PMO) recently launched a new Twitter account of Prime Minister Shehbaz Sharif in the Arabic language in an attempt to disseminate the premier’s important messages to a wider audience.

However, the Arabic language Twitter account of PMO got suspended by the Twitter administration for violating Twitter rules just hours after its launch.

According to Twitter’s Help Center, Twitter rules are divided into three categories; safety, privacy, and authenticity. The Help Center also lists three main reasons behind account suspension. These reasons are fake or spam accounts, compromised security, and abusive tweets or behavior.

However, the PMO is yet to issue a statement about the rule whose violation led to the suspension of the Arabic language Twitter account of PM Shehbaz Sharif.

The previous official Twitter account of PMO was created in September 2018. It regularly informed its followers about the latest developments emanating from the PM Office.

07/06/2022

The federal government is considering over a proposal to increase tax on income made through social media platforms including TikTok, YouTube and other apps.

According to well-placed sources, the coalition government is mulling over a proposal to hike income tax on income generated through online gaming, TikTok, YouTube and other social media platforms.

The authorities are also considering a proposal to hike income tax on income of over Rs1 million per annum, they added.

The development took place amid tough conditions imposed by International Monetary Fund (IMF) to secure a $1 billion tranche from the international lender.

The sources say that IMF has placed tough conditions for resumption of its program and has asked the Shehbaz government to reduce income tax credits and allowances.

07/06/2022

British Prime Minister Boris Johnson survived a no-confidence vote on Monday, securing enough support from his Conservative Party to remain in office despite a substantial rebellion that leaves him a weakened leader with an uncertain future.

Johnson won the backing of 211 out of 359 Conservative lawmakers in a secret ballot, more than the simple majority needed to remain in power, but still a significant rebellion of 148 MPs.

Johnson called it a “convincing” win and said the party should now “come together.”

06/06/2022

The PM Laptop scheme for students are being re-launched.

Federal Minister for Planning Ahsan Iqbal said in a press conference that students will now also get laptops in installments.

Talking to media in Islamabad, Ahsan Iqbal said that PSDP has set up various schemes for the youth, will provide laptops on the basis of merit, will spread the net of vocational training program all over the country.

The federal government has decided to expand the Prime Minister’s Laptop Scheme to schools.

Under the scheme, talented students in matric will receive free laptops. In this regard, Prime Minister Shehbaz Sharif has directed the concerned authorities to make arrangements at the earliest.

Federal Minister for Planning Ahsan Iqbal said that a meeting of the Annual Plan Coordination Committee was held today in which recommendations of Public Sector Development Program (PSDP) for the next financial year have been prepared. It is proposed to keep Rs. 800 billion.

He said that we will train the youth to deal with the challenges of cyber security, provide laptops to every student on subsidy. The treasury is empty.

06/06/2022