Aftab Maken ISLAMABAD: The Privatisation Commission Board has approved a series of strategic decisions aimed at expanding private sector involvement in Pakistan’s power sector. The decisions were taken during the 235th meeting of the Privatisation Commission (PC) Board held on Wednesday, June 18, at the PC Headquarters in Islamabad. The …
Read More »
Aftab Maken ISLAMABAD: The Senate Standing Committee on Finance has approved the proposal to remove the 18% sales tax on the import of solar panels, a move that is likely to offer significant tax relief to consumers amid rising electricity prices. The committee meeting, chaired by Senator Saleem Mandviwalla, gave …
Read More »
Aftab Maken ISLAMABAD: Islamabad High Court (IHC) has ruled that a prominent telecom operator—Jazz Pakistan–is liable to pay approximately Rs 22 billion ($78 million) in taxes on the transfer of its tower infrastructure. The decision, handed down by a Division Bench led by Justice Babar Sattar, settles a long-standing dispute …
Read More »
Aftab Maken Islamabad: A follow-up meeting of the Pakistan Crypto Council (PCC) was held on Thursday at the Finance Division to review progress on developing a regulatory framework for digital and virtual assets in the country. The session was chaired by Federal Finance Minister Senator Muhammad Aurangzeb. The meeting brought …
Read More »
Aftab Maken ISLAMABAD: The federal government has taken a major step towards regulating digital assets and blockchain technologies in Pakistan, as Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a high-level meeting of the Pakistan Crypto Council (PCC) at the Finance Division on Monday. The meeting focused on …
Read More »
The Pakistan Crypto Council will convene a high-level meeting on Monday, 2nd June 2025, to be chaired by Senator Muhammad Aurangzeb, Federal Minister for Finance and Revenue. The meeting will serve as a strategic forum to deliberate on the evolving regulatory and legal framework surrounding digital currency and the broader …
Read More »
Aftab Maken Islamabad The Pakistani government has reiterated its stance that cryptocurrency remains banned in the country, telling the National Assembly’s Standing Committee on Finance that comprehensive regulations are essential before any legalization can be considered. The announcement came during a tense committee session where lawmakers voiced urgent concerns over …
Read More »
Aftab Maken Islamabad The National Assembly Standing Committee on Information Technology and Telecommunication has questioned the PTCL management over the sale of its prime land in Karachi’s megacity. The Committee asked PTCL to explain under which specific clauses the company is authorized to sell this land. The Committee also summoned …
Read More »
Aftab Maken ISLAMABAD In a significant policy shift aimed at monetising surplus electricity and drawing foreign investment, the federal government has earmarked 2,000 megawatts (MW) of power in the first phase of a national plan to support Bitcoin mining and Artificial Intelligence (AI) data centres. The initiative, led by the …
Read More »
The National Disaster Management Authority (NDMA) has informed the Senate Standing Committee on Climate Change that Pakistan is likely to receive up to 300 millimeters of rain during this year’s monsoon season, with Punjab expecting between 300 to 380 millimeters. The frequency of cloudbursts is also expected to increase. The …
Read More »
BeNewz