Federal Govt approves Mega Development Package amounting Rs 500 bln for AJK

Federal Government has approved a Mega Development Package amounting to 500 billion rupees for AJK.

AJK Prime Minister Sardar Abdul Qayyum Niazi disclosed this while presiding over a meeting in Muzaffarabad on Thursday.

He informed the meeting that this would be the historic package of the state. Under the package, huge funds have been allocated for communication, construction of tunnel, hydel power projects, solid waste management, developing education institution’s and health infrastructure, IT, Tourism , Industries, Agriculture, Forests and livestock.

Source: Radio Pakistan

Chairman PBCC Announces When to Expect Matric and Inter Results in Punjab

The annual results of matric and intermediate in Punjab will be announced once the provincial cabinet gives approval to the “Promotion Policy of Punjab Government,” Punjab Boards Committee of Chairmen (PBCC) has revealed.

PBCC is the official forum of all examination boards of the province which includes Bahawalpur Board, D.G.Khan Board, Faisalabad Board, Gujranwala Board, Lahore Board, Multan Board, Rawalpindi Board, and Sargodha Board.

In this regard, a spokesperson for PBCC said that matric and intermediate results are now subject to the approval of the promotion policy by the Punjab cabinet.

The annual results have already been finalized and can be expected to be announced few days after the approval of the promotion policy, although the spokesperson refrained from mentioning an exact date.

The development comes a couple of days after the Federal Board of Intermediate and Secondary Education (FBISE) announced intermediate part-II results.

The FBISE had taken the annual exams of only the elective subjects as a result of the Coronavirus pandemic while the results were compiled under the “Promotion Policy of Federal Government.”

Source: Pro Pakistani

Vice Chancellor QAU Officially Accepts Demands of Protesting Students

Vice-Chancellor (VC) Quaid-e-Azam University (QAU) Islamabad, Dr. Muhammad Ali, has officially accepted the fair demands of protesting students.

According to the official notification, QAU has decided that tuition fees will be increased only for new entrants at a rate of 5% per year while a 30% rebate on service charges will be given to the students enrolled in Spring Semester 2021.

Moreover, the Student Welfare Fund and Library Fund will remain the same as last year in 2021. The Library Security fee will remain fixed at Rs. 5,500 per year while Departmental Security fee will be reduced to Rs. 6,000 for this year.

Hostel Security fee will remain fixed at Rs. 5,000 for this year while Mess Security fee will be reduced to Rs. 4,000 in 2021.

Transport facility will be ensured for the students of all evening programs while the approval of hostel facility, subject to the availability of seats, for students of all evening programs, will be sought from the relevant forum.

Lastly, Dr. Ali has also assured students to acquire private hostels on a priority basis while extending the timing of Dr. Razi-ud-Din Siddiqui Memorial (DRSM) Library till 9 PM.

Source: Pro Pakistani

FBR Extends Date for Filing Tax Returns

The Federal Board of Revenue (FBR) has finally extended the date for filing income tax returns for tax year 2021 by 15 days i.e upto 14th October 2021.

A notification has just been issued, confirming that the deadline for filing of tax returns has been extended till 15 October owing to serious technical problems in the Bureau’s online return filing system Iris.

Earlier, the FBR had reiterated its stance that it will not extend the deadline for people seeking to file their tax returns. However, understanding the woes of the business community and unprecedented technical issues encountered by filers due to server errors, the FBR has pushed the return filing deadline by another 2 weeks.

Moreover, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the FBR to abolish the added surcharge on late filers in case of the expiry of the deadline.

Source: Pro Pakistani

NEPRA to Take Action Against MEPCO CEO for Overbilling Power Consumers

Multan Electric Power Company (MEPCO) has admitted to overbilling its consumers, causing nuisance and additional burden to the consumers.

During a hearing into a case of suo moto notice taken by the National Electric Power and Regulatory Authority (NEPRA) over the charges of overbilling against power distribution companies, it was revealed that MEPCO overbilled its consumers for up to 52 days, covering May and August. MEPCO, however, claimed that the overbilling was done for 30-37 days in May due to the COVID-19 prevalence and the Eid holidays.

It was also revealed in the probe carried out by the Power Information Technology Company (PITC) into the charges of overbilling by power distribution companies across the country that various power distribution companies billed their respective consumers for more than the allowed 30 days in one month.

CEO MEPCO said the overbilling was done for 30-37 days in May due to the COVID-19 prevalence and the Eid holidays. In addition to MEPCO, a K-Electric official also admitted that the company overbilled its consumers.

NEPRA Chairman Tauseef H. Farooqi, who chaired the hearing, said that the government did not ask to stop the provision of necessary services to the public during holidays. He stated, “the overbilling has deprived consumers of the benefit of the slab – how will that benefit be returned to the consumers?”

Speaking on the occasion, Vice-Chairman NEPRA Rafique Ahmed Shaikh underlined that action would be taken against the officials concerned and such negligence would not be tolerated. He emphasized taking action against the CEO MEPCO and penalizing him for overbilling. He also ordered the quarters concerned to correct the data.

Terming the overbilling a serious issue, the Vice-Chairman NEPRA remarked that it seemed as if the meter readers of power distribution companies were also creating problems for the consumers. “Those meter readers found guilty of reporting data for excessive days will be dismissed from service,” warned the NEPRA officer.

He maintained that NEPRA would issue a detailed verdict in this regard. “NEPRA will launch an inquiry to assess the total overbilling by each power distribution company,” he said and adjourned the hearing.

According to NEPRA officials, a total of 64 complaints of overbilling, 13 complaints from KE consumers, were received.

Source: Pro Pakistani