Tax collection from motor vehicle sales, registration surge 190% in FY21

KARACHI: The collection of income tax from the sales and registration or transfer of motor vehicles registered an unprecedented growth of 190 per cent during the fiscal year 2020/21, mainly imposition of additional tax on the transfer of new motor cars without registration and uptick in the economic activities, sources said on Friday. According to … Read more

SU digitalises data of 919,000 students from 60 universities

online education Saudi Arabia

HYDERABAD: The Sindh University (SU) has made history by digitalising data of 919,000 students from 2018 to 2020 batches of its 60 government-affiliated degree colleges. The students will now be able to deposit their fees, submit all forms, including admission and examinations online. The move will also allow the alumni to get copies of their … Read more

BOL EXCLUSIVE: Around 60,000 fruit, other saplings planted in Karachi under urban forestry

Urban Forestry

KARACHI: For the first time in Karachi, approximately 60,000 saplings of various fruits were planted on the Lyari riverbed to promote urban forestry, carbon credit, improving environment and curbing heat waves in the metropolis, an official said. A carbon credit is a permit that allows the company that holds it to emit a certain amount … Read more

Sindh Abadgar Board seeks withdrawal of tax on cotton production to save local crops

Sindh Abadgar Board seeks withdrawal of tax on cotton production to save local crops

HYDERABAD: The office-bearers of the Sindh Abadgar Board (SAB) have demanded the government to withdraw tax on domestic production of cotton and cottonseed, as it will help the country save billions in foreign exchange. During a meeting held at the Sindh Abadgar Board premises, the office-bearers said Pakistan is likely to spend $2.2 billion (Rs344 … Read more

NCRA to lead technological uplift, innovations in Pakistan soon

NCRA to lead technological uplift, innovations in Pakistan soon

KARACHI: The National Centre for Robotics and Automation (NCRA) will lead technological development and innovations in Pakistan soon, which would have a significant impact on the local industry, and result in job opportunities for the youth in the 4th industrial revolution (4IR, or Industry 4.0). Sharing a pragmatic research with BOL, Professor Emeritus and Adviser … Read more

Economic reforms key to achieve sustainable growth: experts

Economic

JAMSHORO: The Pakistan government should take effective measures to reduce non-development expenditures, enhance exports and revive sick industries for economic stability, experts said. Speaking at a webinar, organised by the Sindh University’s Pakistan Study Centre in collaboration with the Islamia University Bahawalpur, the experts said Pakistan’s economic growth and stability depends on an efficient tax … Read more