November 27, 2018 (MLN): Hammad Azhar, state minister for revenue has said that government has decided to waive the penalty for late filing.
Government has also waived condition of audit of salary group of late filer cases, he added.
Cases were selected for audit and penalty prescribed by previous government.
He further added that, government is committed on facilitating people in filing returns.
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September 19, 2021: Federal Minister of Planning, Development & Special Initiatives Asad Umer, while attending the event at Karachi Port regarding fleet delivery for Green Line BRTS buses stated that Federal Government has achieved another milestone as part of the Prime Minister’s Karachi Transformation Package (KTP).
He further stated that Green Line BRTS is a modern technology-based transport system comprising a 22 km dedicated Corridor aimed at providing easier mobility and facilitating daily ridership of 135,000 passengers per day.
He informed that a comprehensive Command and Control Centre had been established for the projects including Green Line, Orange Line, etc. The second consignment of 40 more buses expected to reach in October, and the Green Line would be made operational by the end of November. He said that the Green Line was the first state-of-the-art project, which was being introduced to the city with 20.5 kilometre long corridor. A bus depot had been built for 80 buses whereas 22 bus stations had been completed.
Mr. Imran Ismail, Governor Sindh appreciated the efforts made by Sindh Infrastructure Development Co. Ltd (SIDCL) ensuring completion of Green Line project within its timelines. The dedicated Corridor serves some of Karachi’s most populated areas, namely Surjani Town to Gurumandir and Numaish Chowrangi (Phase 1). While Phase 1 goes live in November 2021, Phase 2 (terminating at Municipal Park) is scheduled for late 2022.
Mr. Nadeem Lodhi, CEO SIDCL explained to the audience that the underlying fleet is low entry 18m Articulated Diesel-Hybrid self-charging technology which benefits the environment. The Fleet is equipped with Modern Intelligent Transport System (ITS) such as Automatic Location System, Real Time Passenger Information, Surveillance Cameras and Auto-doors. The fleet is designed to offer comfortable modular seats, air-conditioning, digital screens and space for advertisement. The Fleet is designed to cater to people with special needs, will also benefit the environment by reducing the use of fossil fuels, limiting emissions & reduced journey time. Post Port clearance, the Fleet will be transported under the supervision of a Chinese technical team to its new home at the dedicated Bus Depot located in Surjani Town.
Following an intense period of technical reviews, inspection, class room driver training etc, the Fleet will commence training sorties on the Corridor by mid-October. Subsequent to full-fledged User Acceptance Testing (UAT), Green Line commercial operations will commence by end November 2021.
Press Release
September 19, 2021 (MLN): The highlights of the important economic and business events that took place during the last week are in order so as to become acquainted with the recent developments in Pakistan’s economic and public policy.
Announcements:
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September 19, 2021: A high-level meeting was chaired by the Asad Umar, Minister Planning Development and Special Initiatives in Islamabad on Saturday.
Member Social Sector & Devolution presented the draft gender roadmap which proposed gender integration across all national policies, programs, offices and key management processes. The roadmap is designed to close the gender gap in education and employment, simultaneously empowering the young women to yield a substantive SDG dividend, that can in turn catalyze the economic growth of Pakistan.
The agenda of Gender Development and Equality has been taken up as a national priority by the current Government. The final gender roadmap is a key product emerging from months’ long nation-wide iterative consultations engaging the National Youth Council, academicians, subject experts, national task forces, youth voices from across the globe, government officials and development partners. Several high impact interventions were discussed to mainstream gender across all key priorities.
The packages of high impact strategic interventions were proposed keeping in view the confronting challenges to inform mindful investment in closing the gender gap and creating equitable opportunities for women and girls.
The Minister Asad Umar underscored the importance of gender-transformative workplaces. He desired that a policy framework be developed based on deliberations and rapid research, identifying the current barriers faced by female workers in public and private sector organizations. The key recommendations outlined in the framework should not only guide development of a public sector program but must also be supported by necessary legal instruments to make working environment conducive and progressive for women.
During the meeting, the Minister Planning, Development and Special Initiatives expressed his concern over the rising proportion of out-of-school children following the pandemic globally as well as in Pakistan, sharing the Government’s intent in tackling this challenge as a national priority.
The Minister highlighted the need for exploiting the e-school experiences from the pandemic and using COVID19 as an opportunity for introducing innovative e-solutions, e-schools and accelerated learning programs for reaching out of school children.
While reviewing the proposed innovative employment generating and skill-building strategies, the Minister advised that the same be reviewed in tandem with the existing interventions under the Kamyab Jawan Programme to consolidate efforts and resources under one umbrella for an optimum impact. The importance of dedicated transport facilities for young females was highlighted for both accessing educational and employment opportunities. The Minister desired for a comprehensive proposal to be presented in this regard in the coming week.
The minister emphasized the national priority accorded to gender empowerment and the urgency to respond to the current situation He asked for the proposed two-year roadmap to be presented before sectoral experts, industry, leaders, and policy think tanks, and their inputs sought while finalizing the same.
Press Release
September 19, 2021: Chairman Association of Builders and Developers of Pakistan (ABAD) Fayyaz Ilyas, terming recent circular issued by Federal Board of Revenue regarding The Asset Declaration Ordinance-2019 (generally known as Amnesty Scheme) an appreciable step, has appealed Prime Minister Imran Khan, Federal Finance Minister Shaukat Tarin and Chairman Federal Board of Revenue Ashfaq Ahmed to allow those people to pay tax who had declared their assets under this scheme but could not pay taxes in stipulated time period.
In a statement, chairman ABAD said that The Assets Declaration Ordinance, 2019 was promulgated on May 14th, 2019, for payment of tax and declaration of corresponding assets by June 30th, 2019 and later on due date was extended till July 3rd, 2019. However, many of the people, who had declared their assets either could not pay tax against their declared assets or paid their due tax but could not submit their declarations, he said adding that the government should give one more chance to all taxpayers in this direction.
He said that the Prime Minister vision for granting Amnesty was to bring all undeclared wealth into book and raise the tax collection but the announcement of FBR to allow those people who had paid taxes under the said amnesty scheme to file their declaration is also a good step but with that all persons who had filed their declaration of assets also should be allowed to pay taxes so that FBR itself can get benefit to get its target of tax collection for this year.
He said that I hope the government will ask the FBR to allow pay taxes to those people who had filed declarations of their assets and give relief to them.
It is to mention that the FBR has decided to allow filing of declarations for all those citizen taxpayers/persons who deposited tax under the Ordinance within the due date i.e. July 3rd, 2019 but could not file their declarations due to any reason. The system has been enabled for the purpose and all taxpayers can now file their declarations between September 10th, 2021 till September 25th, 2021.
Press Release
September 19, 2021 (MLN): The financial highlights of the country are brought to light with the economic and financial data releases over the course of the week.
