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Sindh budget 2024-25 proposes revising rates of Excise taxes

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KARACHI, Jun 14 (APP): Sindh government, in the Budget 2024-25, proposed to revise different taxes and cess collected by Excise and Taxation department under a resource mobilization plan.

The Sindh Chief Minister, Syed Murad Ali Shah, in his budget speech, informed the house that the Resource Mobilization proposals were expected to generate revenue of Rs35,900 million annually.

“Our efforts are focused on taxing the affluent class. We have proposed enhancing the Luxury Tax of different values from Rs150,000 to Rs450,000 on imported cars of different engine capacity ranging from 1500 CC to 3000 CC.

Besides, the amounts of Transfer Fee for different vehicles of capacity ranging from 800 CC to 2001 CC and the existing rates were proposed to be increased within the range of Rs500 to Rs5000.

The government has proposed to revise the rate of Infrastructure Development Cess from current 1.2% to 1.8% and the rate of Professional Tax from Rs500 to Rs2,000.

It was further proposed in the budget 2024-25 that Professional Tax on all Petrol Pumps and CNG Stations to be increased from Rs5,000 to Rs20,000.

AJK PM reiterates his commitment to establishing strong public-private partnerships

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MIRPUR, Jun 14 (APP):Azad Jammu and Kashmir Prime Minister Chaudhry Anwar ul Haq has said that his visit to MTBC projects in AJK was a testament to his commitment to establishing a strong public-private partnership to work together for a prosperous future.
He expressed these views during a visit to the MTBC office in Bagh, AJK, on Friday.The MTBC provides a platform for young professionals coming from different backgrounds across the country, including Azad Jammu and Kashmir, Pakistan, and Gilgit-Baltistan, to learn and practice their innovative ideas in a healthy working environment.
The PM was briefed in detail by  MTBC Chairman Mehmood Haq regarding IT, medical transcription billing, and other projects, including Kashmir Airline, Bagh Grammar School, Indus Hospital, and many others the corporation has been working on.
During his visit, the prime minister inspected different sections of the office and interacted with educated youth working in the company. On the occasion, the AJK PM praised the MTBC chairman for his significant contribution to the local economy and for providing employment opportunities to youth on such a large scale.
He especially appreciated the efforts made by the MTBC to promote economic growth and development in the liberated territory.
The PM was accompanied by government Minister Faisal Rathore, Information Minister Mazhar Saeed Shah, and others.

PM announces to reduce petrol price by Rs 10.20 per liter

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ISLAMABAD, Jun 14 (APP): Prime Minister Shehbaz Sharif, following the reduction in electricity prices for industries, has announced a significant cut in petrol and diesel prices by Rs 10.20 per liter and Rs 2.33 per liter respectively.

Earlier on June 1, the government had announced to cut the petrol price by Rs 4.74 per liter while that of High Speed Diesel (HSD) by Rs 3.86 per liter, a PM Office press release said on Friday.

The incumbent government has so far provided a massive relief of overall Rs 35 per liter in petrol, it added.

Iranian envoy visits KP-Bo IT, interacts with Board officials, businessmen

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PESHAWAR, Jun 14 (APP): Iranian Ambassador Dr Reza Amiri Moghadam on Friday visited Khyber Pakhtunkhwa Board of Investment and Trade (KP-Bo IT) and held an interactive session with the government officials and business associations.

Representatives from TDAP, KPEZDMC, SIDB, Industries Department and business associations of different sectors including SCCI, APCEA, Honey Association, Furniture Association, Gems and Jewelry Association, APMIA, Livestock Associations and Tourism Company attended the session.

During the interactive session, discussion among the Board officials and Iranian ambassador was held on potential business opportunities and to explore rich culture and historic aspects that bind the two nations together.

Director Business Facilitation, Iqbal Sarwar gave a detailed presentation about vision, mission and role of KP-Bo IT.

Board member Shahid Shinwari invited Iranian diplomat and business community of Iran to participate in KP-BOIT’s International Investment and Trade Expo to be held in September in Islamabad.

During the meeting, the Iranian ambassador was engaged in a constructive dialogue session with key stakeholders from various business associations and government officials. The ways to foster stronger economic ties and enhance bilateral relations and trade, explore investment opportunities and increase border trade between Iran and KP were also discussed.

The interactive session provided a platform for meaningful exchange of ideas, insights, issues and challenges in trade, banking channels, potential collaboration aimed at promoting economic growth and prosperity in the region.

The representative of both countries expressed mutual interest in further strengthening partnerships and exploring new avenues of cooperation.

On this occasion, KP-Bo IT CEO Syed Zulfiqar Ali Shah shed light on Pakistan’s historic, culture and trade relationship with Iran. He stated that issues in terms of trade that were faced by both sides, which might be shared with the KP government to initiate needed actions at national and regional level.

He expressed gratitude to the Iranian Ambassador and his team for their visit and valuable discussion.

He said that the business dialogue would not only strengthen business ties but also foster a deeper understanding of culture and historic connections that existed between Iran and Pakistan.

He added that KP-Bo IT looked forward to continue partnership with Islamic Republic of Iran to drive economic development and create new opportunities for businesses in the region.

At the end, KP-Bo IT officials extended sincere condolences and prayers for the departed souls of Iranian President, Foreign Minister and other team members who embraced martyrdom during the helicopter crash last month.

NDMA issues advisory on weather during Eid-ul-Azha

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ISLAMABAD, Jun 14 (APP):The National Disaster Management Authority (NDMA) on Friday issued an advisory for public awareness regarding the weather on upcoming Eid-ul-Azha.
“[This advisory is] in light of the forecast of a warmer than average temperature and chances of rain, wind and thunderstorms from June 15-19, which is likely to extend up to June 22,” according to the advisory.
The national disaster management body emphasized proactive preparedness through enhanced vigilance and mass public awareness. The additional guidelines can be received from the already issued Tourist Guidelines & Checklist available on the NDMA Website.
Also, NDMA has released the ‘Pak-NDMA Disaster Alert’ application on Google Play Store and iOS Application Store to provide general public with up-to-date alerts, advisories and hazard specific guidelines, public service messages and more.
The forecast indicated that due to this weather system, rain, wind and dust storm and thunderstorm are expected in most of country including Khyber Pakhtunkhawa, Gilgit, Azad Jammu and Kashmir, South Punjab and some parts of Sindh in stipulated period of time.
The NDMA advised preparedness for potential floods and landslides, especially in Upper KP, Murree, Galliyat, Kashmir, and Gilgit Baltistan. It urged the authorities to ensure readiness to respond to emergencies, with machinery and staff pre-positioned in vulnerable areas.
The NDMA urged the citizens to exercise caution, avoid weak structures and waterways, and stay updated on weather conditions while travelling to Northern areas during Eid holidays.
It also called upon the farmers, livestock owners, tourists, and travelers to take protective measures for their safety and property besides following local advisories for fresh updates.

BEWGA Delegation calls on CM Bugti

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QUETTA, Jun 14 (APP):A delegation of Balochistan Employees and Workers Grand Alliance (BEWGA) on Friday called on Balochistan Chief Minister Mir Sarfraz Bugti  and informed him about the employees’ problems and other outstanding issues.
The chief minister issued orders to resolve the employees’ problems and decided to establish a committee under the chairmanship of Abdul Saboor Kakar, a senior officer of the Balochistan government.
On this occasion, the Balochistan Employees and Workers Grand Alliance also announced the postponement of the protest call given on the occasion of the budget.
The delegation was comprised by Habibur Rahman Mardanzai, Professor Tariq Baloch, Abdul Salam Zahri, Muhammad Younis Kakar, and Arbab Nasrullah.

Extreme hot weather to be observed during Eid holidays

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LAHORE, Jun 14 (APP):The weather will remain extremely hot and dry in the most parts of Punjab from June 16 to 18, said a spokesperson for Punjab Disaster and Management Authority (PDMA), here on Friday.
As per the Meteorological Department report, a series of weak westerly winds are likely to enter the western regions of the country on June 18. From June 18 to 22, there are chances of gusty winds and thundershowers in most of the districts of the province.
Rains are predicted in South Punjab – Bahawalpur, Bahawalnagar, Dera Ghazi Khan, Multan, Khanewal, Sahiwal, Lodhran, Muzaffargarh, Rahim Yar Khan and Rajanpur – during June 20 to 22.
Director General PDMA Irfan Ali Kathia issued instructions to the district administration to remain alert. The PDMA said that there is a forecast of wind and rain in Rawalpindi, Murree, Galliyat, Attock Chakwal Jhelum and Mandi Bahauddin and chances of rain in Gujarat, Gujranwala, Hafizabad, Sialkot, Narowal, Khushab, Sargodha and Mianwali. Rain and storm were also predicted in Lahore, Kasur, Okara, Faisalabad, Toba Tek Singh and Jhang.
The DG PDMA said that the district administration has been informed about the weather situation. Departmental coordination is essential to deal with natural calamities, he added and further said that do not go to open places during lightning and stormy conditions. In case of emergency contact PDMA Helpline 1129 or Rescue 1122.

Sindh govt proposes 2% increase in Sindh Sales Tax on services

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KARACHI, Jun 14 (APP): In the budget 2024-25, Sindh government has proposed to enhance the standard rate of Sindh Sales Tax (SST) from 13% to 15% to harmonize the tax rates with other Service Tax Administrations in Pakistan.

Sindh CM Syed Murad Ali Shah, in his budget speech delivered on the floor of the provincial Assembly on Friday, said that 2% increased was proposed in SST, however the exemptions and reduced rates of SST, where notified, shall remain effective.

To promote digitalization in the economy, it was proposed to reduce SST rate to 8% for the restaurant services involving customers’ payments through digital means like debit/credit card, mobile wallet, QR Scanning, etc.

For promoting the Telecom services which pay high rate of 19.5% SST but utilize input items paying Federal Sales Tax of up to 18% (which was previously 17%), it is proposed to allow them the input tax credit of up to 18% instead of 17% as at present, he said.

Israeli war in Gaza blocking Gaza food aid deliveries: UN food agency

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UNITED NATIONS, Jun 14 (APP): Escalating Israeli attacks and the resulting fighting in the south and centre of Gaza makes it near-impossible for humanitarians to deliver desperately needed food aid, the deputy chief of the UN World Food Programme (WFP), Carl Skau, said Friday at the end of a two-day mission to the enclave.

“Driving through Gaza City to Jabalia, the destruction is unbelievable. In the North of Gaza, I didn’t see one single building intact and there was constant shelling with drones buzzing overhead,” Skau, WFP’s Deputy Executive Director, said.

“The people here are traumatized and exhausted. One woman who had lost her husband told me this war has been going on for 250 days – but to her it felt like 250 years.”

“With lawlessness born out of desperation inside Gaza now hampering deliveries from the Kerem Shalom crossing, and active conflict spreading in the southern and middle areas, WFP staff are finding it close to impossible to deliver sufficient aid to meet the growing needs.

“It is getting harder to do our job,” Skau said.

“Staff spend five to eight hours waiting at checkpoints every day. Missiles hit our premises, despite being deconflicted. The breakdown of law and order means we also face looting and violence amid a large security vacuum.”

WFP fears southern Gaza could soon see the same catastrophic levels of hunger recorded previously in the north.

Skau warned that the situation there was quickly deteriorating.

“A million people have been pushed out of Rafah and are trapped in a highly congested area along the beach in the burning summer heat. We drove through rivers of sewage,” he said.

WFP reported that there has been improvement in assistance in northern Gaza, where partners have been delivering supplies through West Erez crossing.

The UN agency warned, however, that this assistance must be sustained and scaled-up. Access to clean water, healthcare, fuel for bakeries and medical supplies are also essential.

Skau stressed that “more than anything people want this war to end, and so do we.”

He said WFP would now look at how to support the functioning of markets and also get cash to people so that they can begin to restore their lives.

“Emergency assistance is still critical, but we also need to start instilling some hope – by supporting bakeries and markets – and go beyond meeting food needs for survival to support water sanitation and basic health care needs,” he added.

“Only this way can we help restore a more dignified form of assistance that goes beyond meeting basic food needs. On my previous visit in November, the people I met were angry. Now they are exhausted and just wanted this war to end.”

Skau was in the region for three days in total. He also visited the West Bank and Jerusalem, in addition to Gaza, meeting with staff, partners and Palestinians.

In May, WFP assisted over a million people across the West Bank and Gaza, though rations were reduced due to access constraints and dwindling food stocks.

The UN agency said it continued to call for an immediate ceasefire in Gaza, and safe and sustained access to deliver life-saving aid.

Governor visits Sundus Foundation, donates blood for thalassemia patients

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LAHORE, Jun 14 (APP):Punjab Governor Sardar Salim Haider on Friday visited Sundus Foundation and met the children suffering from thalassemia.
While visiting Sundus Foundation, Sardar Salim Haider Khan stated that people have faith in Sundus Foundation for its dedicated services. He appreciated the foundation for donating blood to the rightful beneficiaries.
Talking to media, the Punjab Governor said that problems like thalassemia arise in cousin marriage. The blood is also thoroughly screened here at the foundation, adding that much of its services are worth appreciation.
He requested the youth to donate blood, as the donated blood would help benefit the deserving patient-children. The gentlemen were also requested to donate blood for this great cause to Sundus Foundation.
The Governor Punjab also donated blood for thalassemia patients.