Finance Minister Muhammad Aurangzeb has said that Pakistan will back innovation and regulatory frameworks to help youth and the private sector drive growth. Finance Minister Muhammad Aurangzeb has reaffirmed the government’s commitment to creating a conducive environment for the private sector, highlighting its role as the main engine of Pakistan’s …
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BeNewz Report ISLAMABAD: The government has set ambitious goals under the New Energy Vehicle Policy 2025-30, targeting a 30 percent increase in electric vehicle (EV) sales by 2030 to promote environmentally friendly transport. As part of the policy, three to four charging stations will be established across the country, with …
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BeNewz Report ISLAMABAD: China Mobile Pakistan’s prolonged unauthorized use of additional radio spectrum after expiry of its 2G license has cost the exchequer Rs18 billion. The audit report revealed that M/s China Mobile Pakistan Ltd, operating as Zong, continued using temporary additional compensatory spectrum after the expiry of its 2G …
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BeNewz Report ISLAMABAD: Pakistan’s leading telecom operator, Jazz, has come under scrutiny after a recent audit report accused the company of overcharging its subscribers by an alarming Rs 6.58 billion. The Senate Standing Committee on Information Technology and Telecommunication has taken notice of the matter and summoned the Chairman of …
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Aftab Maken Audit report reveals Pakistan’s largest telecom operator violated approved tariffs, with PTA faulted for regulatory lapses that left millions of consumers overbilled. Pakistan’s leading telecom operator, Jazz, overcharged its subscribers by Rs6.58 billion during the fiscal year 2023-24 in clear violation of approved tariffs, according to an official …
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BeNewz Report ISLAMABAD: The Competition Appellate Tribunal has upheld the Competition Commission of Pakistan’s (CCP) decision to penalize Pakistan Telecommunication Company Limited (PTCL) and other Long Distance International (LDI) operators for entering into an anti-competitive International Clearing House (ICH) agreement. The tribunal directed the companies to deposit the fine within …
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Aftab Maken ISLAMABAD: To promote the digital economy and broaden the tax base, the federal government has imposed a cash transaction limit of Rs 200,000 for retail outlets and e-commerce Cash on Delivery (COD) payments. According to a circular issued by the Federal Board of Revenue (FBR) on August 12, …
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BeNewz ISLAMABAD: The government has accelerated work on three landmark social impact initiatives aimed at boosting skills development, providing affordable credit to small farmers, and promoting household energy efficiency, with launches targeted in the coming weeks. Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired back-to-back meetings on Thursday …
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The majority of companies (72%) rely on multi-vendor ecosystems even though such fragmented security solutions lead to operational and financial strains. Such findings were revealed in the recent Kaspersky research. A study titled “Improving resilience: cybersecurity through system immunity,” conducted by Kaspersky, examined how organizations manage cybersecurity today, focusing on …
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ISLAMABAD: The IT minister, Shaza Fatima, has skipped the high-level conference organized by GSMA, which has irked the telecom industry players.Unfortunately, the IT minister is not present at the conference, a key GSMA official said while talking to journalists here on Thursday.The GSMA has noted that, despite having talent, ambition, …
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