Taxes, Power Tariffs to Be Reduced Soon as Government Prioritises MSMEs: Haroon Akhtar

Power-Tariff

Islamabad: Special Assistant to the Prime Minister (SAPM) Haroon Akhtar Khan on Wednesday announced that the government is planning to reduce taxes on industries and lower electricity tariffs in the near future as part of broader efforts to support economic growth. Addressing a news conference, Mr Khan said that Pakistan has largely achieved macroeconomic stability, allowing the government to now shift its focus toward strengthening micro, small and medium enterprises (MSMEs), which he described as the backbone of the national economy. He said MSMEs play a vital role in employment…

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Government Launches Nationwide Electric Vehicle Scheme to Accelerate Clean Mobility

Electric-Vehicle

Islamabad: The federal government has launched a comprehensive scheme to promote electric vehicle (EV) mobility across Pakistan, aiming to accelerate the transition to clean, affordable and sustainable transportation. The initiative, titled the Pakistan Accelerated Vehicle Electrification (PAVE) scheme, seeks to reduce reliance on fossil fuels while supporting the growth of domestic electric vehicle manufacturing. The programme is being implemented under the New Energy Vehicles Policy (NEVP) 2025–30. Under the scheme, subsidies amounting to Rs100.36 billion will be provided over five years, up to 2030, covering a wide range of electric…

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FBR Uncovers Massive Under-Invoicing in Sindh Solar Imports, Senate Panel Raises Alarm

FBR-Solar

Islamabad: The Federal Board of Revenue (FBR) has flagged large-scale under-invoicing, tax evasion and suspected trade-based money laundering in the import of solar home system kits under the Sindh Solar Energy Project (SSEP), revelations that triggered strong concern in a Senate standing committee. According to selected operational findings of a report presented by the FBR to the Senate Standing Committee on Economic Affairs, solar kits were declared for tax purposes at $16 to $23.4 per unit, while the World Bank paid up to $112.44 per unit for the same equipment…

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Google Unveils ‘Personal Intelligence’ in Gemini, Redefining AI-Powered Daily Assistance

New-Project27

Karachi, January 22, 2025: Google has introduced a major new evolution of artificial intelligence with the launch of Personal Intelligence in Gemini, aiming to transform how people manage their daily lives by making digital planning simpler, faster, and more intuitive. For years, users have had to juggle multiple apps—emails, photo galleries, maps, and videos—acting as a “human router” to organize trips, retrieve memories, or plan activities. With Personal Intelligence, Gemini now brings these experiences together by intelligently organizing and processing information across users’ own Google apps. Unlike traditional AI systems…

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ICCD Sustainable Tourism Forum & Expo 2026 Concludes in Karachi, Strengthening OIC Tourism Cooperation

New-Project26

Karachi: The Sustainable Tourism Forum & Expo (STF) 2026, organized by the Islamic Chamber of Commerce and Development (ICCD), concluded successfully in Karachi, marking a major step forward in promoting multilateral tourism cooperation among member states of the Organisation of Islamic Cooperation (OIC). Held under the theme “Transforming Tourism for Community Development,” the high-level forum brought together ministers, senior policymakers, investors, tourism leaders, and industry experts from across the OIC region and beyond. The discussions focused on sustainable tourism development, investment opportunities, climate responsibility, and community-driven economic growth. The forum…

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