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Discounts for students on Orange Train will reduce pollution, propose officials

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Punjab government officials have suggested reducing metro train fares for students in Lahore to reduce the carbon footprint in the city.

For this, the Punjab Mass Transit Authority (PMA) has prepared a summary that will be presented to the new cabinet of the Punjab government, when it is appointed.

As per the summary, seen by Geo.tv, students, of both private and public educational institutes, will be allowed to get special passes made to travel on the Orange Line Metro Train. The passes will ensure that the students get a discounted fare.

Students in Lahore already get a 50% discount on their bus fares. Officials hope to extend the same facility to those travelling on the metro train.

“If the summary is approved then it would reduce the use of cars and motorbikes by students on the roads of Lahore,” Uzair Shah, the general manager (operations) for PMA, told Geo.tv, “This will prove to be very environmentally friendly for the city.”

His department estimates that if students begin using the metro train more often then it could reduce annual fuel emissions in Lahore by 30,000 tonnes.

In the winters, Lahore chokes on a thick blanket of smog due to emissions from vehicles. Last year, it was ranked as one of the most polluted cities in the world. 

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Issues Affecting Pakistan’s Textile Mills Industry: The Government Is Determined To Address Textile Industry Concerns: FM

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Muhammad Aurangzeb, minister of finance, has stated that the government is firmly committed to helping the textile industry in every way possible.
He made this pledge today in Islamabad during a meeting with the All Pakistan Textile Mills Association’s leadership.
In order to guarantee the long-term sustainability and future expansion of Pakistan’s industrial sector, the Minister also reaffirmed the government’s commitment to addressing important tax, energy, and funding challenges.
He welcomed the APTMA office-bearers and gave the delegation his word that the government is committed to resolving the issues facing the textile industry since it understands how important it is to Pakistan’s economy.
Muhammad Aurangzeb underlined that resolving the fundamental issues facing the sector is essential to establishing an atmosphere that is favorable for industrial expansion, promoting economic stability, and bolstering the country’s overall growth trajectory.

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As the MPC meeting draws closer, stocks rise.

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On the final working day of trading, the Pakistan Stock Exchange (PSX) maintained its optimistic trend.

After rising more than 900 points, the benchmark KSE-100 index stabilized around 114,684 points.

The forthcoming Monetary Policy Committee (MPC) meeting on March 10 is allegedly connected to the bullish trend.

Recall that the KSE-100 index gained over 1,400 points on Thursday before closing at 113,713 points.

The greenback, on the other hand, dropped Rs0.07, from Rs279.82 to Rs279.75.

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FBR to Enhance Revenues: Enacts Significant Reforms, Attains Record Revenue Collection

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The Federal Board of Revenue has effectively executed significant reforms in the past year, enhancing tax administration, compliance, and digital transformation under the leadership of Prime Minister Shehbaz Sharif.
The FBR implemented AI-driven risk identification algorithms to improve tax audits and introduced a customer relationship management dashboard for real-time compliance monitoring.
Moreover, AI-driven Customs Intelligence and digital invoicing systems have transformed tax collection and customs operations.
The implementation of faceless customs assessment has markedly diminished clearance waits, optimizing international trade.
The unified sales tax return has streamlined the tax filing procedure, while the continuous advancement of a tier-3 data center seeks to enhance data security and AI-driven surveillance.
To enhance transparency, the FBR digitized its litigation management system for faster dispute resolution.

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