Posts

Showing posts from November, 2021

No Plans to Increase Taxes in Mini-Budget: Tarin

Image
  The Advisor to the Prime Minister on Finance and Revenue, Shaukat Tarin, told the Media that the government does not plan on increasing taxes in the supplementary budget that is to be introduced in the National Assembly after the agreement with the International Monetary Fund (IMF) Shaukat Tarin was questioned about the mini-budget by a reporter, to which he replied that there would be no increases in the taxes and only certain exemptions will be withdrawn. He further accused the reporter of creating sensationalism and said there was nothing to be worried about. The advisor also told the media how he had worked to reduce taxes after coming into the government. He told Dawn, “When I came [as finance minister], I had said we will not allow an increase in taxes. We will not allow [the IMF] to impose more taxes on people who are already paying them.” ALSO READ GENCO Issues Purchase Order for Repairing of GT-14 Without Determining Responsible Authority He claimed that the Ministry und...

Samsung Unveils the Galaxy A03 Budget Smartphone

Image
  Samsung recently launched the Galaxy A03, only a week after unveiling the Galaxy A03 Core. The latest Galaxy A03 is a successor to the Galaxy A02 announced in early January Design & Display Samsung’s latest smartphone is equipped with a 6.5-inch HD+ Infinity-V display and measures 164.2×75.9×9.1mm. The smartphone features a textured back panel, rounded corners, and a flat-edged display with slight bezels. The  Samsung  phone is available in Black, Red, and Blue color variations. Internals & Storage Galaxy A03 is powered by an octa-core 1.6GHz processor, whose name and other details have not been revealed. The octa-core processor will, however, include two cores for power and another 6-cores for simple tasks. Samsung has not yet dropped details regarding the version of Android and One UI of the Galaxy A03. However, the smartphone will be available with 3GB and 4GB RAM variations and internal storage capacities of 32, 64, and 128GB. Camera The Galaxy A03 features ...

Karachi to Get a Drive-in Cinema Near Beach View Park

Image
The Karachi Metropolitan Corporation (KMC) is all set to launch an open-air drive-in cinema near Beach View Park, Clifton today, on 26 November. Announcing the development, Karachi Administrator, Murtaza Wahab, said that the ‘Sunset Cinema’ will screen three shows of famous movies in six categories, including those based on classic novels and animated films, thrice a week, on Fridays, Saturdays, and Sundays. The Karachi Administrator said that citizens will be able to enjoy movies from the safety of their cars while sitting with their family members. ALSO READ No Plans to Increase Taxes in Mini-Budget: Tarin He added that the cinemas will operate on a no-profit-no-loss basis as their core purpose is to provide better entertainment to the citizens near the sea. “Arrangements have also been made for car parking for visitors to the cinema, and 150 cars will be able to park around the cinema at the same time and enjoy the movies,” the administrator said. ALSO READ IIUI Launches Online Dist...

SEZs Can Play Major Role in Economic Growth: SBP Study

Image
  As Pakistan enters the second phase of the China-Pakistan Economic Corridor (CPEC), the Special Economic Zones (SEZs) can play a pivotal role in attracting investment and promoting industrialization, increased market accessibility, and regional connectivity, leading to robust economic growth. A study by the State Bank of Pakistan (SBP) reveals that 22 SEZs have been approved, of which 21 have been notified. Thirteen of the approved SEZs previously existed as Industrial Estates and Industrial Parks, whereas nine SEZs have been approved under CPEC, of which four have been given priority status. The latest available data suggests that the 22 approved SEZs cover more than 15,000 acres. The plot demarcation for 11 SEZs has been completed and more than 3,000 plots have been demarcated so far. The per-acre price of industrial plots varies from Rs. 3.0 million (in Khairpur) to Rs. 65 million (in Korangi Creek IP). The per-acre price depends on the costs of land acquisition and developmen...

امریکہ نے پاکستان اور دیگر ممالک کی ٹیک فرموں کو 'جوہری تجارت' پر بلیک لسٹ کر دیا

Image
  امریکی حکومت نے پاکستان، چین، روس اور جاپان کی 28 ٹیکنالوجی فرموں کو مبینہ طور پر فوجی اور بعض صورتوں میں جوہری پراجیکٹس کو تیار کرنے میں مدد دینے پر برآمدی بلیک لسٹ میں ڈال دیا ہے۔ ی ہ اقدام، جو اب امریکی فرموں کے لیے لسٹڈ کمپنیوں کو ٹیکنالوجی بیچنا ناممکن بناتا ہے، نے پاکستان میں 13 کمپنیوں، چین میں 12 کاروبار، اور جاپان اور سنگاپور میں دو منسلک فرموں کو نشانہ بنایا ہے۔ فنانشل ٹائمز کے مطابق، منظور شدہ کمپنیوں کی فہرست میں کوانٹم کمپیوٹنگ کے علاوہ سیمی کنڈکٹر اور ایرو اسپیس انڈسٹریز کی کمپنیاں بھی شامل ہیں۔ پابندیوں کا مقصد امریکی فرموں، سپلائرز اور صارفین کو بلیک لسٹ کی گئی تنظیموں کے ساتھ کسی قسم کے کاروباری تعلقات قائم کرنے سے روکنا ہے تاکہ ان اداروں کو پوری صلاحیت کے ساتھ کام کرنے کے لیے درکار تکنیکی مہارت، رقم اور خام مال کے بہاؤ کو روکا جا سکے۔ ریاستہائے متحدہ میں کمپنیاں کسی بھی ادارے کے ساتھ کاروبار کرنے کے لیے اجازت طلب کر سکتی ہیں، لیکن انہیں یقینی طور پر انکار کر دیا جائے گا۔ کوانٹم کمپیوٹنگ ٹیکنالوجیز پر کام کرنے والے کاروباری اداروں کے خلاف جرمانے امریکی محکمہ خزان...

AK-47 Rifle Manufacturer Kalashnikov Reveals Two Rugged EV Concepts

Image
  Kalashnikov is a name known to many Pakistanis due to the immense popularity of the AK-47 assault rifle. However, it seems that the weapons manufacturer has also caught the EV development bug, as it has revealed two new EV concepts. The first EV design was revealed two years ago, which caught the attention of many car lovers around the world due to its design. The recent designs, however, are an improvement over the previous one, mimicking those of the rugged all-terrain vehicles with roofs on top. Kalashnikov UV-4 One of the concepts — dubbed the UV-4 — sports an aggressive look due to its exposed wheels, military-grade doors, and a body shell with exposed screws and studs. The EV is quite small, as it only has a total length of 133.8 inches, a width of 59 inches, and a height of 70 inches. Although the UV-4 is intended to be a basic point-A-to-point-B vehicle, it will incorporate some basic features such as air conditioning, a sound system, and an adjustable suspension. The sec...

Lahore High Court Seeks Report on Legality of Cryptocurrency in Pakistan

Image
  Lahore High Court’s (LHC) Justice Jawad Hassan on Wednesday sought replies from concerned departments on a petition questioning the legality of cryptocurrency. The representatives of the departments were asked to discuss the matter and submit a report at the next hearing. Earlier, the Federal Investigation Agency (FIA) had lodged an FIR against Dr. Muhammad Zafar on allegations of defrauding the public in the name of a so-called investment in cryptocurrency to an amount of over Rs. 260 million. The petitioner’s lawyer stated that the legal status of cryptocurrency in Pakistan and its regulating authority hasn’t been made clear, as of yet. He further contended that there is no law pertaining to dealing with the cases of cryptocurrency in the country and hence, the court has no jurisdiction to deal with the matter. Earlier, an FIA official had also stated relevant concerns on facing problems in the cases of cryptocurrency in the country. It should also be mentioned here that previo...

Here’s How You Can Use WhatsApp’s Top 5 Privacy Features | GoTo Discover

Image
  Popular instant messaging service WhatsApp has over 2 billion active international users, with over 100 billion messages sent daily. Ranked as one of the most used messaging applications, the instant messenger has acquired over a billion new users in the last four years. Similar to other apps, WhatsApp needs to take care of the privacy and security of its users. By default, privacy settings are set to: Allow anyone to view your last seen, profile photo, about, and read receipts. Allow all of your contacts to view your status updates. Allow any user to add you to a group. These features can be easily be changed via the in-app settings for both mobile and desktop versions of WhatsApp. 1. Last Seen The Last Seen feature allows users to view the last time they viewed messages on WhatsApp. It allows users to select from three different options: hide it from everyone, your contacts, or no one. To change your Last Seen privacy settings, you can follow these steps: Android : Tap the Thre...