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Wednesday, May 28, 2025

Standing committee rejects many proposals in the new finance bill 2021-22

As a measure to broaden the tax base, there was agreement on exemption of import duty on card reader machines, while the government has also announced the abolishment of tax on import of point-of-sale machines and these accessible to retailers for duty-free import.

Govt increases rate of return on these national saving schemes!

It must be mentioned, interest rates will be maintained on Special Savings Certificates, Special Savings Account, Bahbood Savings Certificates, Pensioners Benefit Account, Shuhada Family Welfare Account, Savings Account, Short Term Savings Certificates (three months), and Short-Term Savings Certificates (12 months duration).

Pakistan donates PPEs to Afghanistan for the fight against COVID-19

Pakistan's National Disaster Management Authority has donated Personal Protection Equipment to Afghanistan to combat Covid-19.

Top five most popular E-Sport video games in Pakistan

GVS looks at some of the most popular E-Sports in Pakistan, considering only those that have a somewhat existing competitive scene.

Corolla and Civic are possibly getting a new competitor in Pakistan!

According to Pakwheels’ sources, KIA is bringing competition to the popular field of sedans, which are currently ruled by Honda Atlas’s Civic and Indus Motor’s Corolla, and the recent entrant Hyundai Elantra. Honda Civic and Toyota Corolla are two of the most popular sedan choices in Pakistan.

Pakistan’s Auto sector sees a 250pc uptick in car sales YoY

Cumulatively, during the current 11MFY21, the vehicle sales amounted to 217,217 units, registering an increase of 62 percent YoY. It must be mentioned here that this number is higher than the number of vehicles sold in the pre-pandemic era.

Summary of Sindh’s budget for the upcoming fiscal year 2021-22

The CM Sindh said, referring to the ongoing pandemic, "It hurt us in many ways. I bow my head in respect to every citizen, for the endurance shown in facing what was an undeniably a tough year for all our physical and mental well-being.”

Here are the new car prices after the 2021-22 budget!!

In the budget speech on 11th May Finance Minister Shaukat Tarin mentioned two major highlights, namely the introduction of the EV policy to incentivize the manufacturing and introduction of electric vehicles in the Pakistani market, and the reduction in taxes for cars with power less than 850cc.

Punjab govt allocates Rs24 bn for mega projects in Rawalpindi

According to details, the Punjab government has set aside Rs24 billion for various mega projects in Rawalpindi in the provincial budget for the fiscal...

Punjab government threatens to block non-vaccinated citizens’ sim cards

Punjab health authority has announced that citizens who refuse to get their covid vaccination jabs will have their mobile services blocked.

Youth should do blood donation for personal and communal benefits, expert

Dr. Maryum regretted that blood banks across the country are facing a shortage of volunteer blood components, with demand from patients with thalassemia, cancer, trauma, and many other emergency interventions, adding, it is important that people should be aware and encouraged the trend of blood donation.

Govt to bring backward areas of Punjab at par with major cities

Speaking to a private media channel Dr. Firdous Ashiq Awan said, "The sustainable development of every city of Punjab and human development were the main targets in the provincial budget, bringing the backward areas at par with the developed ones."