Latest news with #Rs64
Express Tribune
5 days ago
- Business
- Express Tribune
NHA achieves Rs50 billion revenue surge
Minister for Communications Abdul Aleem Khan informed the Senate on Friday that the National Highway Authority (NHA) achieved a historic increase of Rs50 billion in revenues during the 2024-25 fiscal year, with earnings climbing from Rs64 billion to Rs110 billion — a remarkable 100% rise. The minister also updated senators on the progress regarding the Lowari Tunnel's access roads. He stated that the 33.2 km network is split into two phases. The first phase, covering 18.6 km, was completed in 2010 and has been serving traffic since. The second phase, stretching 14.6 km, saw its southern segment finished in December 2020.
Time of India
12-07-2025
- Time of India
Cops arrest two, detect 3 burglaries in Nashik
Nashik: Two men were arrested for alleged burglaries on Saturday. According to Crime Branch unit two officers, a case of house break-in was registered with Upnagar police station on June 21, in which cash and articles worth over Rs9 lakh were stolen from two bungalows in the city's Deolaligaon area. The accused burglars have been identified as Afzal Sayyad (29) of Bhagur and Vikas alias Vikky Sudhakjar Patekar (32) of Sant Kabirnagar, Gangapur Road. On June 21, when the police visited the crime spot and checked CCTV cameras, they found two men in raincoats and faces covered entering the bungalows. Police officers said they checked close to 90 CCTV cameras in the area to track the duo. They identified the two suspects, laid a trap and arrested them. The duo confessed to committing the burglaries and also confessed to another they committed in June last year at Anandwali, Gangapur Road. The police have so far recovered jewellery and a bike worth Rs64,000.
Hans India
09-07-2025
- Politics
- Hans India
Derive full benefit from MGNREGS, farmers urged
Cherlopalli: Mahatma Gandhi National Rural Employment Guarantee (MGNREGS) scheme is not limited to just wage-based labour, but includes a variety of programmes that farmers must utilise effectively, said Raptadu MLA Paritala Sunitha. The MLA inaugurated a fruit plantation programme under MGNREGS at Cherlopalli village of Ramagiri mandal. As part of the initiative, 280 fruit saplings were planted on a 4-acre farm belonging to a farmer named Koduru Rakesh. The event witnessed active participation from officials and local TDP leaders. Speaking on the occasion, MLA Sunitha stated that the MGNREGS is a boon for farmers. She criticised the previous government for allegedly discriminating in the allocation of scheme benefits based on political affiliations, questioning whether beneficiaries belonged to TDP or YSRCP. In contrast, she asserted that the current government was delivering schemes to farmers without any political bias. She informed that fruit plantation activities have been approved across 900 acres in Ramagiri, Chennekothapalli and Kanaganapalli mandals, and over 850 acres in Anantapur Rural, Atmakur, and Raptadu mandals. The government is covering the full cost, including transportation, at Rs64 per sapling. Currently, the government is supplying mango and guava saplings. However, Sunitha encouraged farmers to invest in and plant other valuable fruit-bearing trees if they prefer. She advised them to care for the plants as if they were their own children, emphasising that these trees would support them in the future. She urged all farmers to take full advantage of every component under the MGNREGS and use it for long-term agricultural benefit.
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Express Tribune
10-06-2025
- Business
- Express Tribune
Youth preferring to shop and earn online taxed
Listen to article In a highly unusual move, the government has proposed to extract Rs64 billion in the next fiscal year by taxing the digital, online platforms as well as courier services, which may discourage digitalisation of the economy and youth of the country. From 0.25% to 5%, the new tax has been imposed on digital service providers, e-commerce platforms, websites, social media platforms and poor courier doing business of delivering goods at homes and receiving cash on delivery. The government has defined the digitally delivered services as any service delivered over the internet or electronic networks, where the delivery is automated and requires minimal or no human intervention including music, audio and video streaming services, cloud services, online software application services, services delivered through online interpersonal interaction, ie, telemedicine, e-learning etc, online banking services, architectural design services, research and consultancy reports, accounting services in the form of digital files or any other online facility. E-commerce has been defined as the sale or purchase of goods and services conducted over computer networks by methods specifically designed for the purpose of receiving or placing orders either through websites, mobile applications or online marketplaces having digital ordering features by using either mobile phones, iPads, Tablets or automated computer-to-computer ordering systems. The government has introduced a new law whereby it will charge every foreign vendor having significant digital presence in Pakistan in the name of Digital Presence Proceeds Tax on proceeds of every supply made from outside Pakistan of digitally ordered services or goods, irrespective of whether delivered digitally or physically. It has proposed a 5% tax on digital services. These foreign vendors will be liable to provide client-wise information of local vendors or foreign vendors with or without a permanent establishment whose advertisements are relayed in Pakistan through their platform and the amount received. Banks will be required to deduct the 5% tax. On the use of local online platforms, the government will charge a 1% tax where the amount does not exceed Rs10,000. Where the amount paid does not exceed Rs25,000, the rate will be 2% and where the amount exceeds Rs25,000, the tax rate will be 0.25%. Likewise, the government has introduced a new tax on cash on delivery by courier services. On the supply of electronic and electrical goods, the rate is 0.25%, on clothing articles, 2% of the gross amount will be charged and on other goods, the rate is 1% of the value. The government has also proposed fines on allowing unregistered persons to use online platforms without registering with the FBR. Where an online marketplace allows an unregistered vendor, whether resident or non-resident involved in e-commerce business supplying digitally ordered goods or services, who is required to register under the Sales Tax Act 1990 and Income Tax Ordinance 2001, under Section 181 before using the platform, he will be liable to a fine of Rs1 million. Where a banking company, payment gateway or courier service provider, as the case may be, fails to deduct tax at the time of making payment to a seller, or fails to pay the tax deducted as required under Section 160, with respect to digitally ordered goods or rendering or providing digitally delivered services using an e-commerce platform, he will be liable to a fine equal to 100% of the tax involved in the transaction.
Business Recorder
26-05-2025
- Business
- Business Recorder
Construction of Sindh motorways ‘top priority', says Aleem Khan
Federal Minister for Communications Abdul Aleem Khan on Monday said construction of motorways in Sindh was a top priority of the government. Talking to the media in Karachi, Aleem Khan announced that the M-6 and M-10 motorways would be launched simultaneously, according to a press release shared by the Press Information Department (PID). 'The M-6 is Pakistan's lifeline which was unfortunately neglected by previous governments,' he added. The minister emphasised that the motorway would be incomplete in its utility without being connected to the C-Port and that both the M-6 and M-10 would be linked to the Karachi Port to ensure full functionality. Highlighting the significance of the M-6 Project, Aleem Khan shared that it was a nearly Rs400 billion initiative comprising upon five sections, each approximately of 60 kilometers long. 'There is no better opportunity for investment than this project.' He further said financing had already been secured for two sections while discussions for the remaining three were ongoing. 'We will finalise the feasibility report and present it to the prime minister within the next 15 days.' Motorways from Karachi to Hyderabad and from Hyderabad to Sukkur would be completed as early as possible while working on the N-25 Highway from Karachi to Quetta was also scheduled to begin later this year, the minister said. 'Karachi's challenges are not just provincial—they are national issues and we will address them on a priority basis,' he emphasised. Replying to questions, the federal minister stressed that his focus was on delivering progress rather than engaging in blame games. 'My effort is to prioritise the launch of motorway projects in Sindh, similarly, we are committed to completing the Kaghan-Naran Motorway.' Aleem Khan said the National Highway Authority (NHA) recorded 'unprecedented growth' in revenue over the current fiscal year and attaining the target from Rs64 billion to Rs110 billion while the additional income would be utilised into improving road infrastructure and constructing new motorways. To ensure road safety, the minister said strict measures were being implemented against dangerous driving on motorways. 'Drivers exceeding 150 km/h are not only being fined but also facing FIRs,' Mandatory use of M-Tags was helping reduce long queues, and staffing shortages in motorway police were being addressed, he added. Regarding his visit to Karachi, Aleem Khan mentioned that he, along with the Federal Secretary Communications and Chairman of the NHA held meeting with the Chief Minister of Sindh and assured full support from his ministry. He also held a meeting with the business community led by Arif Habib, where investors expressed interest in participating in the development of Sindh's motorways and road networks, the PID statement read. The minister noted that a joint team was being formed to focus on additional options for the Lyari Expressway in Karachi, including improvements to interchanges and exploration of further development projects.
