Latest News

Names of expats can be put on ECL for offensive, seditious social media posts: FIA

Published

2 years ago

Farwa

FIA says if expats commit any offence under PECA, Red Notices through INTERPOL can be issued against them for their arrest.
FIA asks expatriates to read PECA to make sure their social media posts “do not constitute any offence”.
Says advice was “only for offenders” and law-abiding persons should not worry about it.

The Federal Investigation Agency (FIA) has warned all expatriates of Pakistani origin that their names can be put on the Exit Control List if they put up “offensive and seditious” social media posts that may lead to chaos in Pakistan.

“All Pakistani origin expatriates living outside Pakistan are advised to desist from spreading chaos in Pakistan while staying abroad. Their social media posts must not be offensive and seditious,” the FIA spokesperson said in a statement.

The agency directed the expatriates to read the “Pakistan Electronic Crimes Act 2016 (PECA)” to make sure that their social media posts “do not constitute any offence”.

“If they commit any offence, Red Notices through INTERPOL can be issued against them for their arrest. Their names can be put on Exit Control List. They need to avoid commission of any electronic offences,” said the FIA.

It added that its advice was “only for offenders” and law-abiding persons should not worry about it.

“Any attempts by anyone staying anywhere in the world to create disturbance in Pakistan or to defame dignity of a natural person or to act against modesty of a natural person through fake news or fake videos are against the laws of Pakistan,” said the FIA.

The investigation body said that “such attempts” are punishable under Pakistani laws, adding that offenders will be prosecuted whenever possible.

“Hence anyone must avoid committing any such offences through media of any type. All Pakistani citizens are also advised to avoid commission of such offences,” said the FIA spokesperson.

Business

Pakistan’s gold prices continue to decline.

Published

1 day ago

Farwa

The price of ten grams of 24 carat gold dropped by Rs 1,201 to Rs 205,418 from Rs 206,619, while the price of ten grams of 22 carat gold dropped to Rs 188,300 from Rs 189,400, according to the All Sindh Sarafa Jewellers Association.

Silver, priced at Rs. 2,620 per tola and Rs. 2,254.80 per ten grams, stayed at that level. As reported by the organization, the price of gold dropped by $11 on the global market, to $2,297 from $2,308.

Business

Price of LPG “slashed” by Rs. 20 per kilogram

Published

1 day ago

Farwa

Sources claim that LPG rates have been lowered by Rs 20, making the cost per kilogram drop from Rs 280 to Rs 260.

It is noteworthy to remark that the costs of LPG were reduced by Rs 20 per kilogram earlier, resulting in a total reduction of Rs 40 per kilogram within a few weeks.

The price of liquefied petroleum gas for the month of May 2024 was lowered by the Oil and Gas Regulatory Authority (OGRA) on April 30.

The LPG tariffs were lowered by Rs 11.88 to Rs 238.46 per kilogram in accordance with the OGRA’s notice. On Wednesday, May 1, 2024, the new rates will go into effect.

In April of last year, the price per kilogram of LPG was Rs 250.34. pricing reduction of Rs 140.18 has resulted in a new pricing for home LPG cylinders set for May 2024 of Rs 2813.85.

The OGRA reported a drop in liquefied petroleum gas pricing in April. The price of LPG is now Rs 250.34 per kg instead of Rs 256.78 due to a reduction of Rs 6.44 per kg.

The price of the household cylinder was fixed at Rs 2954.03 for the month of April, down from Rs 3030.12, a decrease of Rs 76.9.

Business

ADB delegation stops by FBR headquarters

Published

1 day ago

Farwa

Senior Director ADB Tariq Niazi oversaw the expedition, which also involved Sana Masood, Farzana Noshab, and Senior Public Sector Management Specialist Laisiasa Tora. The meeting included presentations from economists as well, according to an FBR press release.

The officers focused on structural and policy adjustments as they discussed the Domestic Resource Mobilization Program’s implementation at the meeting.

$300 million was given to the Pakistani government by ADB in December 2023 as a result of the hard work and dedication of FBR. Better laws, regulations, and institutional capability for the FBR were established by Sub-Program I.

With the $300 million in funding provided by the Asian Development Bank (ADB) to the Government of Pakistan in December 2023, the delegation conveyed satisfaction with the program’s effective launch.

The FBR also underlined how crucial digitization is to recording the economy and boosting productivity in a sustainable way.

In order to promote the Government of Pakistan’s Digital Tax Administration Project, both parties decided to look into measures to improve their cooperation.