Govt misses development target

[ad_1] Listen to article ISLAMABAD: The government spent Rs905 billion on development schemes in the last fiscal year, which was lower than the allocation and may now require a downward revision in the 2.7% economic growth rate that had been worked out on the basis of Rs1.1 trillion in expenses. Of the Rs905 billion, a little over … Read more

Target of 50k home loans achieved: CM

[ad_1] LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has said that issuance of home loans under the Apni Chhat, Apna Ghar progamme without any political influence or recommendation is an unprecedented step in the province’s governance. She was commenting on the achievement of the target of disbursing loans for more than 50,000 houses by June … Read more

govt misses target by a mile

[ad_1] ISLAMABAD: The federal government has missed the annual tax target of nearly Rs13 trillion by a record margin of around Rs1.2 trillion, as the authorities failed to increase the tax revenues to 10.6% of the size of the economy, despite putting unprecedented additional burden on the people. The collection, nonetheless, was Rs2.43 trillion or … Read more

UK regulators target Google search practices

[ad_1] Listen to article Britain’s competition regulator said it may force Google to rank businesses more fairly in search results, marking the first use of expanded powers to oversee the world’s biggest tech companies. The Competition and Markets Authority (CMA) is proposing to designate Alphabet-owned Google with “strategic market status”, it said on Tuesday, giving it more … Read more

EVs 30% target by 2030 ambitious but daunting, say automakers

[ad_1] Listen to article LAHORE: Local auto industry has termed the government’s target of having at least 30% electric vehicles (EVs) by 2030 both ambitious and daunting for a financially constrained country like Pakistan. The industry also mentions that when India could not do it in 10 years despite significant financial interventions, how can Pakistan realise this … Read more

Snyder loyalists target new ‘Superman’ film

[ad_1] When it comes to established superheroes, few things get fans more worked up than a new addition to a beloved franchise, and the upcoming Superman film is no exception. As per Variety, since the announcement of director James Gunn’s DC Universe (DCU) replacing Zack Snyder’s DC Extended Universe (DCEU), a segment of devoted Snyder … Read more

Excise misses tax target by 52 per cent

[ad_1] RAWALPINDI: The Excise, Taxation, and Narcotics Control Department has failed to meet its property tax and professional tax collection targets for the fiscal year 2024-25 across the Rawalpindi Region as the department has only achieved 48% of its target, falling short by a significant 52%. In contrast, the Motor Branch of the department successfully … Read more