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Ogra notifies reduction of Rs11.88 in LPG price

The price comes down to Rs238 per kg

Published by Qurrat Tul Ain

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Lahore: The Oil and Gas Regulatory Authority (Ogra) on Tuesday reduced the per kilogramme price of Liquified Petroleum Gas (LPG) by Rs11.88.

According to a notification, the per kg price of LPG will be Rs238. A 11.6kg cylinder will be available in Rs2,813 after Rs140 reduction.

Meanwhile, the prices of petroleum products are also likely to go down after reduction in LPG prices.  

   

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Business

Global study reveals Pakistan’s inadequate measures against tobacco industry

An international watchdog on tobacco control says the Global Center for Good Governance in Tobacco Control (GGTC) in its latest finding of 2023 has included Pakistan in an index where the tobacco industry heavily influences the governments.

Published by Hussnain Bhutta

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Islamabad: Pakistan’s performance in preventing the influence of multinational tobacco manufacturing companies has been found unsatisfactory, resulting in the deaths of above one hundred and sixty thousand people in the country annually, a global study reveals.

An international watchdog on tobacco control, the Global Center for Good Governance in Tobacco Control (GGTC) in its latest finding of 2023 has included Pakistan in an index where the tobacco industry heavily influences the governments.

According to the findings of the international watchdog Pakistan’s performance in adopting measures to prevent the industry’s influence, ensuring transparency, and avoiding the conflict of interest with the multinational tobacco companies has remained unsatisfactory.

Mentioning the names of Pakistan Tobacco Company and British American Tobacco, the GGTC said that in 2021, 163,672 deaths in Pakistan occurred primarily by these two top producers of tobacco.

It further said that in Pakistan, tobacco companies are not prohibited from promoting themselves through so-called socially responsible activities and from promoting their products through sponsorships of events, activities, or individuals.

According to GGTC findings, tobacco taxes in Pakistan as a percentage of retail price is 61% while the global standard is 70%.

Meanwhile, the International Monitory Fund (IMF) Technical Assistance Report titled ‘Pakistan Tax Policy

Diagnostic and Reform Options’ released in February, on the consumption of cigarettes in Pakistan, has advised Pakistan to overhaul its tax system by increasing taxes on non-essential items like cigarettes and applying a uniform tax on cigarettes regardless of their national or multinational brand.

Pakistan is currently contributing only 0.5% percent of GDP in revenue during FY21 while cigarette taxation has contributed 0.19% of the GDP, at current levels as a percentage of GDP, and has remained relatively stable in recent years.

The World Bank also in its report Pakistan Development Update’ has highlighted that a significant revenue gain of 0.4 percent of GDP equal to 505.26 billion rupees could be achieved by applying the current rate on premium cigarettes, which is Rs. 16.50 per cigarette to standard cigarettes as well.

On the other side, a recent study by London’s Imperial College titled ‘Tobacco & global environment footprint’ has ranked Pakistan among nine poor countries that produce 90 percent of cigarettes for the world.

The study finds that tobacco production in underdeveloped countries should be a cause of concern for policymakers as out of the top 10 tobacco-producing countries, 9 including Pakistan are developing and falling in the category of low-income food-deficit countries (LIFDCs).

 

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Crime

Wasim Akram wows fans with new look

The fans and followers have like the photo and made interesting comments about the new look of the king of swing.

Published by Hussnain Bhutta

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Karachi: Wasim Akram, the former Pakistan cricket captain renowned for his mastery of swing bowling, delighted fans on Tuesday with his striking new appearance on social media.

Sharing his latest photo on a popular photo-sharing app, Akram captioned it, "If you look the part, you get the part 😎," accompanied by hashtags such as #Hustle #StayFit #StayHealthy #KeepGrinding #Karachi.

 
 
 
 
 
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A post shared by Wasim Akram (@wasimakramliveofficial)

The image garnered hundreds of likes from fans and followers, who also left intriguing comments about Akram's fresh look.

In anotehr video, he looks like a 'rapper' who is being accompanied by his accomplices. Wrapped in blue-shirt and trouser,  Wasim, with his pencil moustache, comleted his look with amazing glasses and a locket in his neck. He walked on while making the victory signs as if he has emergered victorious from any challenging situation or going to face the similar situation like a hero.

 
 
 
 
 
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A post shared by Wasim Akram (@wasimakramliveofficial)

 

 

 

 

 

 

 

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