Bilawal criticizes imposing a tax on dairy products

    By NewzTodays Editorial Team | June 17, 2021

    Chairman PPP Bilawal Bhutto Zardari has strongly criticized the PTI government for imposing a 17 percent sales tax on dairy products, terming it a ‘killing to our children. He said that imposing a 17% sales tax on dairy products when Pakistan’s poverty rate is 40% is equivalent to killing our children. Bilawal Bhutto Zardari criticized…

    Swedish tech companies to invest in Pakistan

    By NewzTodays Editorial Team | June 17, 2021

    ISLAMABAD: Ambassador of Sweden in Pakistan Henrik Persson said on Thursday that the Swedish tech companies wanted to invest in Pakistan. Swedish delegation led by Ambassador of Sweden in Pakistan Henrik Persson called on Federal Minister for IT and Telecommunication Syed Amin Ul Haque here and discussed investment of tech companies. They discussed matters of…

    FNEL board Okays consultant for subsidiary’s sale

    By NewzTodays Editorial Team | June 17, 2021

    The Board of Directors of First National Equities Limited (FNEL) in an earlier meeting has approved to appoint a consultant for the negotiation and subsequent execution of an equity sale of its stake in Kingbhai Digisol (Pvt.) Limited. The successful execution of this transaction relies on the satisfactory due diligence process and completion of all…

    Investors upbeat on Fauji Foods updated business plan

    By NewzTodays Editorial Team | June 17, 2021

    Aftab Ahmed Islamabad: Investors upbeat on Fauji Foods’ updated business plan. Fauji Foods Limited believes to turn their losses soon into profits on the back of their value-added products and distribution of milk, says an analyst at Pearl Securities. Pakistan being the 4th largest milk producer in the world enables FFL to add new product…

    Fitoor celebrecity hosts Jashan-e-Cricket

    By NewzTodays Editorial Team | June 17, 2021

    Aftab Ahmed Islamabad: Har Pal Geo Tv has arranged a live telecast on PSL–6 played in Dubai–UAE by Fitoor famed actress–Hiba Bukhari on Geo News, said a post shared a social sharing network. Hiba Bukhari, who is appearing in a tv drama—Fitoor– on Har Pal Geo shared on her Instagram account #https hiba_bukhariofficial uploaded a …

    Govt launches ‘Smart Village Project’ in four provinces

    By NewzTodays Editorial Team | June 16, 2021

    ISLAMABAD: The Ministry of IT and Telecommunication through Universal Service Fund launched a “Smart Village” project in four provinces, Islamabad and Gilgit-Baltistan. The International Telecommunication Union and Huawei Technologies Pakistan will provide funds and technical support. Under the scheme, a center to be set up in a backward village equipped with modern facilities will train…

    Technology for the Future: ECNEC Okays IT Park in Karachi

    By NewzTodays Editorial Team | June 16, 2021

    Aftab Ahmed Islamabad: The government has directed the Planning Commission to carry out a cost assessment of the IT Park in Karachi through a third party to bring in modern technology for the future. The government has focused on setting up an IT Park in Karachi to bring in the technology companies’ future to enhance…

    ECC Okays $ 17.3m to clear Roosevelt Hotel liabilities

    By NewzTodays Editorial Team | June 16, 2021

    The Economic Coordination Committee (ECC) has approved US$ 17.3 million or PIA-IL for payment of recurring as well as one-off liabilities in respect of Roosevelt Hotel New York, USA. The Auditor had verified, and PIA-IL Board recommended it. The ECC also directed that Finance, Privatization Commission, PIA/Aviation Division should consult with each other and propose…

    Rs 100bn proposed taxes on mobile, internet withdrawn

    By NewzTodays Editorial Team | June 12, 2021

    After pressure from certain quarters, Federal Minister, Shaukat Tareen, has announced the withdrawal of Rs 100 billion tax measures from the consumers of phones and the internet. The Federal Minister announced this withdrawal on the telecom sector during a post-budget conference at P block.  Soon after the release of Finance Bill 2021-22, Electronic and Social…

    Kamyab Jawan schemes ready to launch

    By NewzTodays Editorial Team | June 12, 2021

    Islamabad: Federal Finance Minister Shaukat Tareen has said that the PTI government has launched a Rs 600 to 700 billion Kamyab Jawan Scheme for the rural and urban population of the country. Disclosing salient features of the scheme, the Federal Finance Minister said that Prime Minister Imran Khan would soon inaugurate the project. The government…