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PKR 113 billion loan disbursed to 95,600 families for home construction in Punjab

LAHORE: The Punjab government has disbursed over PKR 113 billion in loans to 95,600 low-income families under the Apni Chhat Apna Ghar Program, aimed at helping citizens build their own homes. The initiative is a key part of Chief Minister Maryam Nawaz’s vision to make homeownership accessible to deserving families across the province.

According to a spokesperson from the Punjab Housing Department, the program plans to provide loans to a total of 500,000 families over the next five years. The project continues to gain momentum, with 82,931 houses currently under construction and 20,940 homes already completed. Additionally, 59,510 families have received their second loan installment to continue building their homes.

A recent review meeting, chaired by Secretary Housing Punjab Noor-ul-Amin Mengal, provided an update on the progress of the scheme. Program Director Waleed Baig briefed attendees on the transparent loan disbursement process, which involves strict eligibility verification to ensure fairness.

The Apni Chhat Apna Ghar Program is making a significant impact, benefiting thousands of families in both urban and rural areas and helping them realize the dream of homeownership.

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Pakistan’s IT Exports Hit Record $3.8 Billion in FY25, Fueled by Remote Work Boom and Digital Services Growth

Pakistan’s Information Technology (IT) sector has reached a significant milestone, with exports climbing to an all-time high of $3.8 billion in fiscal year 2025, reflecting an 18% year-on-year growth. This performance underscores the increasing role of the IT industry in Pakistan’s economic landscape, spurred by heightened global demand for digital services.

A key factor behind this growth has been the rise in freelance and remote work, which saw an impressive 90% surge, contributing $779 million to the total export value. This highlights Pakistan’s growing pool of digital talent and its enhanced competitiveness in IT-enabled services on the global stage.

Despite these positive results, industry leaders have raised concerns about the sustainability of this growth. They warn that without stable government policies, the sector may struggle to maintain its upward trajectory. Concerns center around the unpredictability of regulations and the complexity of compliance processes, which could impede future expansion.

The Ministry of IT and Telecom attributes the sector’s success to a combination of strategic priorities, including the global promotion of Pakistan’s IT sector, investments in talent and infrastructure, supportive policies, reliable internet connectivity, and national digital initiatives such as the drive toward a cashless economy.

IT and Telecom Minister Shaza Fatima outlined ambitious goals for the sector, aiming to achieve $15 billion in IT exports by 2030. She emphasized that ongoing reforms would be key to maintaining this growth momentum. However, the Pakistan Software Houses Association (P@SHA) has urged the government to introduce a predictable and long-term tax and regulatory framework to support the IT and IT-enabled services (ITeS) industry.

P@SHA Chairman Sajjad Syed pointed out that tech entrepreneurs often spend considerable time navigating overlapping regulations rather than focusing on creating export-oriented products. He stressed that the sector’s growth would be significantly boosted if regulatory continuity and compliance processes were simplified. “Every serious investor—local or international—asks two critical questions: What will my tax exposure be, and will the rules change after I invest?” he stated.

To address these concerns, the association has proposed several measures, including extending the 10-year Final Tax Regime (FTR) for IT/ITeS export income, addressing tax disparities that negatively impact businesses operating payrolls within Pakistan, and creating a dedicated channel for foreign currency transactions akin to the Roshan Digital initiative.

Other recommendations include revising the super tax for the sector under the FTR, exempting capital gains tax to enhance investor confidence, standardizing provincial sales tax regulations, and consolidating labor-related levies through a unified digital system for the tech industry.

“These proposals are not about subsidies,” emphasized the P@SHA chairman. “They focus on predictability, digitalization, and simplifying administrative processes.” He further noted that many of these reforms could be cost-neutral or even revenue-positive, as they would foster greater compliance, better documentation, and higher export revenues.

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FBR extends income tax filing deadline to October 31, 2025

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the deadline for filing income tax returns for Tax Year 2025. The new deadline, originally set for October 15, 2025, will now be October 31, 2025. This extension comes after repeated requests from trade bodies and tax bar associations, seeking more time for taxpayers to complete their filings.

The notification issued by the FBR confirms that the deadline has been extended in accordance with Section 214A of the 2001 Income Tax Ordinance. The decision marks the second time that the FBR has revised the deadline, having previously extended it from September 30, 2025, to October 15, 2025. Despite earlier affirmations that no further extension would be granted, the FBR chose to extend the date again following additional requests from concerned parties.

The FBR’s decision to revise the deadline reflects the pressure exerted by various stakeholders, including the business community and legal professionals, who emphasized the need for more time to meet the filing requirements. Taxpayers who were initially required to submit their returns by September 30 now have until October 31, 2025, to do so.

This announcement is seen as a major relief for taxpayers, allowing them more flexibility in meeting their obligations. However, it also underscores the challenges faced by the tax authority in balancing compliance requirements with the practical realities of the filing process.

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Punjab to digitize all toll plazas to improve efficiency and transparency

LAHORE: The Punjab government has unveiled plans to digitize all toll plazas across the province in a move to improve efficiency, transparency, and the overall experience for commuters.

During a high-level meeting chaired by Chief Minister Maryam Nawaz, the government approved the replacement of the manual receipt system with a fully digital toll collection mechanism.

The initiative, named ‘One App, One System’, will be implemented at 38 toll plazas in Punjab, operating similarly to the existing system on national motorways.

This digital transition aims to eliminate manual irregularities, reduce congestion at entry and exit points, and enhance transparency in revenue management. The Chief Minister emphasized that the new system would offer greater convenience to travelers while ensuring more efficient toll collection.

The meeting also covered progress on several development projects, with the approval of five major road projects to be developed through public-private partnerships. These projects are expected to reduce costs and accelerate completion timelines.

Additionally, the Punjab government reported saving PKR 40 billion through e-tendering, which has strengthened procurement transparency. The Chief Minister also directed the installation of solar-powered streetlights along new roads to promote sustainability and energy efficiency.

In urban development, the government approved beautification initiatives in Lahore, including the installation of a decorative fountain and a miniature train for children near the railway station park. New roads and pedestrian pathways in the area will enhance accessibility and the city’s visual appeal.

Finally, progress was shared on the restoration of flood-affected infrastructure, with repairs completed on 54 major bridges, 142 small bridges, and 858 damaged roads, while rehabilitation in Murree, Chakwal, and Sahiwal has been finalized.

The toll digitization project marks a significant step toward modernizing Punjab’s infrastructure, integrating technology into public management systems, and improving service delivery for residents and travelers alike.

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Islamabad authorities launch measures to curb smog and pollution

ISLAMABAD: Authorities in Islamabad have announced a series of measures to curb smog, reduce air pollution, and protect the environment in the capital. The directives were issued during a high-level meeting at CDA Headquarters, jointly chaired by CDA Chairman and Chief Commissioner Muhammad Ali Randhawa and Pak-EPA Director General Nazia Zeb Ali.

Officials said a comprehensive joint strategy will be implemented to tackle pollution, focusing on the transport, industrial, and brick kiln sectors. Vehicle emission tests are being conducted across the city, with real-time data monitored through an integrated digital dashboard. Additional checkpoints will be established to strengthen monitoring.

All brick kilns and industrial units in Islamabad have been directed to adopt modern, eco-friendly technology, with a deadline of 20 October 2025 for kilns to switch to the zigzag system. Repeat violators contributing to air pollution may face legal action or the dismantling of their facilities. The ICT administration will also coordinate with Rawalpindi authorities to manage kilns located near the boundary areas.

To expand air quality monitoring, one station is already functional in Sector H-8, with more stations planned across the city. Open-air waste burning has been banned, and legal action will be taken against violators. All ongoing construction projects are required to implement water sprinkling systems and adhere to mitigation measures outlined in their Environmental Impact Assessments (EIAs).

Chairman Randhawa emphasized that these initiatives, in line with directives from Prime Minister Shehbaz Sharif and Interior Minister Mohsin Naqvi, aim to maintain a cleaner, healthier, and safer environment for residents of Islamabad.

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New Convention Hall planned next to Jinnah Centre to host international events

ISLAMABAD: The federal government has approved the construction of a new Convention Centre in Islamabad ahead of the Shanghai Cooperation Organisation (SCO) Summit 2027, officials confirmed. The proposed facility will be located adjacent to the existing Jinnah Convention Centre and is intended to meet international standards for hosting major global conferences.

The decision was announced following a meeting chaired by Interior Minister Mohsin Naqvi at CDA Headquarters, which was attended by Minister of State Talal Chaudhry, Interior Secretary Mohammad Khurram Agha, and senior officials from the district administration and CDA. The new centre will feature a spacious convention hall, along with multiple large conference and meeting rooms, with design work to be handled by both international and local architects.

The move comes after it was observed that the current Jinnah Convention Centre, covering 7.59 acres with 4.13 acres of built-up space, is insufficient to host large-scale international events. Earlier plans to privatise the existing centre were reconsidered in light of this need.

During the meeting, the interior minister also reviewed ongoing infrastructure projects, including the construction of six new police stations in Islamabad, which have been given a 45-day completion deadline. 

CDA Chairman Muhammad Ali Randhawa briefed officials that tenders for 10 additional police stations have been issued, the new block of Parliament Lodges will be finished on schedule, and all piles for the T-Chowk Flyover Project have been completed, with the foundation stone for Shaheen Chowk to be laid shortly.

Additionally, restoration work on the R-Block of the Pak Secretariat is nearing completion, and plans for the commercialisation of the Islamabad Expressway are being prepared.

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KP PDWP approves 45 development projects worth over Rs. 66 billion

PESHAWAR: The Provincial Development Working Party (PDWP) has sanctioned 45 major development projects, valued at over PKR 66 billion, across Khyber Pakhtunkhwa, spanning key sectors including agriculture, livestock, transport, infrastructure, irrigation, health, and population welfare.

The approval was given during the PDWP’s fourth meeting, chaired by Additional Chief Secretary (Planning and Development) Ikramullah Khan, with senior officials from the relevant departments in attendance. The projects aim to strengthen public welfare, enhance connectivity, and stimulate provincial economic growth.

In line with directives from Chief Minister Ali Amin Khan Gandapur, the PDWP also endorsed a PKR 1 billion beautification project for Peshawar, which will focus on upgrading road networks, rehabilitating streetlights, expanding green belts, and installing modern urban amenities to improve the city’s aesthetic and functional appeal.

In the agriculture sector, initiatives were approved to promote dryland farming in southern districts, expand sunflower cultivation, and introduce advanced mechanization. For livestock development, the body approved schemes for genetic improvement through artificial insemination and cross-breeding with high-quality foreign breeds, with a particular focus on enhancing livelihoods in the merged districts.

A significant portion of the development budget has been allocated to road and infrastructure improvement, including feasibility studies and construction of new bypass routes such as Kurram Pul–Miranshah (via Kot Brara and Hashni Kala), the dualization of Provincial Highway S-8 in Dera Ismail Khan, and the rehabilitation of the Zafarabad irrigation channel from Dakhan Bypass.

Officials emphasized that these projects reflect the provincial government’s commitment to balanced regional development, improved service delivery, and the creation of sustainable economic opportunities across both settled and merged districts.

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Federal minister Abdul Aleem Khan unveils reform plan for NHA

ISLAMABAD: Federal Minister for Communications Abdul Aleem Khan has unveiled a comprehensive reform plan for the National Highway Authority (NHA), focusing on removing encroachments and standardizing land use policies along motorways and highways.

Speaking at a high-level meeting at NHA headquarters, Aleem Khan said the reforms aim to make the authority self-sustaining and profitable, targeting annual revenues of PKR 500 billion. He noted that the NHA had already achieved a historic increase of PKR 50 billion in its own resources over the past year.

The minister directed that funds previously allocated for patchwork and road repairs be redirected toward new road construction, calling the former practice a source of corruption. He also emphasized restructuring the NHA along corporate lines by involving private-sector experts, implementing performance-based evaluations, and rewarding officers who meet targets with cash incentives.

Aleem Khan further instructed the strict enforcement of encroachment removal, the timely completion of projects, and the outsourcing of commercial rights on NHA land, with quarterly reviews to ensure transparency and efficiency. The meeting was attended by the Federal Secretary for Communications, the NHA Chairman, and senior officials who updated the minister on the progress of these directives.

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Rawalpindi Ring Road project cost rises to Rs45 billion after design changes

RAWALPINDI: The Rawalpindi Ring Road Project Management Unit (PMU) has completed 72 percent of the work and prepared a revised PC-I, increasing the project cost from Rs33 billion to Rs45 billion due to rising material prices, design changes, and new additions.

The revision includes an additional interchange at Thalian to connect the Ring Road with the Lahore-Islamabad Motorway, construction of toll plazas at key entry and exit points, and expanded road sizes at interchanges. The updated PC-I will be submitted to the Punjab government through the Rawalpindi Development Authority (RDA) for final approval.

Deputy Project Director Ashfaq Sulheri said construction is now being accelerated in three shifts to recover delays caused by the monsoon. Key milestones include completion of the Soan Bridge, ongoing girder casting for the railway bridge, and asphalt work on the road.

The 38.3-kilometer Ring Road will feature six lanes, a design speed of 120 km/h, five interchanges at Banth, Chak Baili Khan, Adiala Road, Chakri Road, and Thalian, and an industrial zone along the corridor.

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Three-month construction ban announced in Murree amid environmental concerns

MURREE: The Murree district administration has imposed a three-month ban on all construction and related activities to protect the environment and implement the Murree Master Plan, officials announced on Monday.

Under Section 144 and directed by the Punjab Home Secretary, the ban covers the construction of houses, shops, markets, plazas, factories, roads, and alleys. It also extends to stone crushing, drilling, mining, mountain cutting, and the transport or delivery of construction materials, including sand, gravel, steel, bricks, blocks, and machinery.

Authorities warned that violations will result in criminal cases and arrests. The ban, effective immediately, will remain in force for 90 days or until the Murree Master Plan is fully executed.

Officials said the step aims to promote eco-friendly practices, safeguard forests, and ensure a peaceful environment for residents and visitors alike