By NewzTodays Editorial Team | April 14, 2022

Upset by intense electricity load shedding, the Regulatory Authority (Nepra) directed power generation companies’ heads to appear before the authority on Friday. According to the statement, the power regulator noticed severe electricity load shedding due to the shutdown of power plants following the unavailability of fuel and technical issues. Nepra said that power load-shedding was…

By NewzTodays Editorial Team | April 13, 2022

Nadeem Khan, Chief Financial Officer (CFO) PTCL group, called for implementing a decision to slash withholding tax in the upcoming budget 2022-23. While responding to questions on the occasion of briefing on PTCL financial results, he said that the previous government announced reducing withholding tax in two phases. PTI government had announced in the previous…

By NewzTodays Editorial Team | April 13, 2022

The Pakistan Mobile Communications Limited (Jazz) here on Tuesday signed the agreement for the renewal of its operational license with the Pakistan Telecommunication Authority (PTA). This is a commitment to the highest ever investment in the telecom sector. The 15-year license was renewed for a fee of $486.2 million dollars, with Jazz depositing half of…

By NewzTodays Editorial Team | April 2, 2022

Pak Suzuki has increased car prices up to Rs 230,000 following other car markers-IMC and Honda. The new car prices will be applicable from April 1, 2022. Suzuki Alto The price of Alto VX goes up by Rs119,000 to Rs1,425,000 against the old rate of Rs1,306,000. The price of Alto VXR is also up by…

By NewzTodays Editorial Team | March 31, 2022

The consumers should be ready for another electric blow as the power regulator has indicated an increase of Rs 4.68 per unit in power tariff on account of fuel adjustment for the month of February 2022. The imported fuel like coal and RLNG had contributed to a massive increase in the price of electricity. The…

By NewzTodays Editorial Team | March 31, 2022

Report Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has accused Pakistan car assembles of alleged fraud in sudden prices of cars in the country. Following allegations of PAAPAM, the government has decided to conduct a forensic audit of local car manufacturers relating to a massive increase in car prices. A high-level meeting of the monitoring committee for the…

By NewzTodays Editorial Team | March 30, 2022

The test of the first Russian-made electric vessels has been started in Moscow. The world’s first electric river tram has already appeared in the Southern River Port of Moscow and passed its first river trials. In contrast to tourist motor ships, electric river trams will be able to operate all year round, that is why…

By NewzTodays Editorial Team | March 30, 2022

News Report Economic Coordination Committee (ECC) has directed to shift two SNGPL based Urea plants-AGL and Fatima Fertilizer on system gas within one month. Shaukat Tarin Finance Minister chaired a meeting of the ECC. Ministry of Industries and Production submitted a summary on the operation of Fatima Fertilizer (Sheikhupura Plant) and Agritech. The ECC after…

By NewzTodays Editorial Team | March 29, 2022

The Federal Board of Revenue (FBR) entered into a tussle with another telecom Operator-Telenor for not paying tax. Earlier, FBR had entered into a battle with Jazz Pakistan over the nonpayment of tax dues. In a recent move, the Federal Board of Revenue (FBR) had issued a notice to Telenor over the nonpayment of taxes….

By NewzTodays Editorial Team | March 28, 2022

Huawei had faced a major decline in revenue in 2021 to $99.9 billion due to US sanctions and fallout from the coronavirus.   It achieved $99.9 billion in revenue in 2021 and 17.8 billion in net profits, an increase of 75.9% year on year. The Chinese tech giant total revenue stood at $136.7 billion in…