Home Blog

Xiaomi 12 Series Redefines Flagship Category

0

Xiaomi today announced the launch of the all-new flagship Xiaomi 12 Series for local markets, featuring two groundbreaking devices: Xiaomi 12 Pro and Xiaomi 12. Designed to empower users around the world with a cutting-edge videography studio and entertainment powerhouse, Xiaomi 12 Series delivers impressive advancements in Xiaomi’s AI algorithm, flagship processing power, and an all-round elevated experience. 

Capture cinematic shots at any time 

Xiaomi 12 Series enables users to record studio-quality shots no matter the scenario, be it challenging lighting conditions or moving objects. Both phones boast a pro-grade triple camera array for versatile shooting, starring a massive 50MP main wide angle camera, with 8K recording capabilities on both Xiaomi 12 Pro and Xiaomi 12.  Xiaomi 12 Pro stands out with its state-of-the-art triple 50MP array, which features a cutting-edge Sony IMX707 ultra-large main sensor. This sensor is capable of catching large amounts of light and empowers advanced imaging capabilities with faster focus speeds and increased color accuracy. Xiaomi 12 features a 13MP ultra-wide angle camera, along with a 5MP tele macro camera, for filming life from different perspectives.  

Beyond impressive hardware, Xiaomi 12 Pro and Xiaomi 12 also advance Xiaomi’s proprietary AI algorithms. These innovations make it easier than ever for users to record every moment the way they want to, even in low-light or moving subjects. Xiaomi ProFocus intelligently identifies and tracks objects, preventing blurring or out-of-focus shots of moving or veiled subjects. These advancements also include eye and face auto focus capabilities. Ultra Night Video uses Xiaomi’s proprietary algorithms to record video even under extreme low-light, meaning moody, atmospheric shots are clearer than ever.  

Available on both devices, One-click AI Cinema offers numerous creative options for show-stopping video editing, such as Parallel World, Freeze Frame Video, and Magic Zoom modes. 

Flagship processing, unprecedented performance and power-efficiency  

Flagship experience requires flagship performance. Xiaomi 12 Series features advanced Qualcomm® Snapdragon™ mobile platforms. Xiaomi 12 Pro and Xiaomi 12 boast a Snapdragon® 8 Gen 1 processor – Qualcomm’s most advanced mobile platform. Built on a 4nm process, this processor also boosts GPU graphic rendering capabilities by 30% and energy efficiency by 25% when compared to the previous generation. Both three devices come with UFS 3.1 exceptional loading and data transfer speeds, along with LPDDR5 RAM for memory speeds up to 6,400Mbps. For optimal product experience, Xiaomi 12 Series packs a high-performing cooling system, bolstered by a super-large vapor chamber and multiple layers of graphite to offer a leadingcooling capability. 

All-around elevated entertainment experiences 

Xiaomi 12 Series not only lets users capture every moment in exquisite detail, but also allows them to relive those moments in astonishing detail via an exceptional entertainment experience.  Both devices offer vivid viewing on an AMOLED Dot Display rated A+ by DisplayMate, and with TrueColor support. For added peace of mind, the display features scratch-resistant Corning® Gorilla® Glass Victus®, and supports Dolby Vision®, industry’s leading imaging technology that brings your content to life with vibrant color and details. Xiaomi 12 Series also supports HDR 10+. Xiaomi 12 Pro is SGS Eye Care Display Certified, showing care for users’ long-term visual health during marathon sessions.  

Meanwhile, Xiaomi 12 Pro redefines flagship display with incredibly smooth viewing, scrolling, swiping, and sliding. The device’s highly power-efficient 6.73-inch WQHD+ display leverages AdaptiveSync Pro to intelligently adjust dynamic LTPO display between 1Hz and 120Hz based on content. 

Xiaomi 12 delivers Xiaomi’s most colorful smartphone display to date, with more than 68 billion colors on 6.28-inch full-HD+ displays. Both feature 120Hz AdaptiveSync, for an impressively high-definition, vibrant, and flicker-free display that conveys every detail.  

 No cinematic experience is truly complete without pro-grade audio. Xiaomi 12 Series features SOUND BY Harman Kardon, and creates an immersive audio experience powered by Dolby Atmos®, delivering spatial sound with rich detail, clarity, and realism across all your favorite entertainment. Xiaomi 12 Pro’s quad speakers – in the form of two tweeters and two woofers – deliver clear details and cover an astounding range of sound. Xiaomi 12 delivers balanced stereo sound ideal for immersive gaming or video.  To optimize core user experience further, Xiaomi 12 Series incorporates MIUI 13, released globally earlier this year. The update includes faster storage, higher background process efficiency, smarter processing, and longer battery life. New features in the upgraded experience include Xiaomi’s proprietary Liquid Storage, Atomized Memory, Focused Algorithms, and Smart Balance. 

Next-generation charging 

Xiaomi 12 Series delivers pro-grade cinematic and entertainment experiences all day, the devices deliver next-level charging speed and safety.  

 Xiaomi 12 Pro features an incredibly fast 120W Xiaomi HyperCharge. With a 4,600mAh battery fully charged in just 18 minutes using Boost mode, Xiaomi 12 Pro delivers next-generation charging capabilities that keep up with user demands.  Xiaomi 12 fits a 4,500mAh battery into compact body designs. Xiaomi 12 Pro and Xiaomi 12 also support 50W wireless charging and 10W reverse charging.  Both leverage Xiaomi AdaptiveCharge, a smart charging algorithm that learns and adapts to charging habits, which prolongs battery life. 

Flagship capabilities packaged in an iconic design  

These portable pocket-sized studios fit comfortably in the palm of your hand thanks to Xiaomi 12 Series’ iconic and user-centered design. Slimmer high-capacity batteries and a narrower ridge gap save precious space within the device. Xiaomi 12 Pro’s 6.73-inch display is encased in a sleek middle frame with sophisticated 3D curves. Meanwhile, Xiaomi 12’s 6.28-inch display measures just 69.9mm in width and is accented by smooth curves for a perfect fit. Both devices are available in Gray, Purple, and Blue. 

Market Availability   

Xiaomi 12 Pro comes in one variant 12GB+256GB, and recommended retail price starts from PKR 208,999/-.

Xiaomi 12 comes in one variant, 12GB+256GB, and recommended retail price starts from PKR 179,999/-.

Purchase these devices and get a sweet bundle deal where you get a Mi Band 6 and a bag with the Xiaomi 12. Similarly with the Xiaomi 12 Pro, get a Mi Portable Bluetooth Speaker and a 10000mAh Mi Power Bank 3.  Available at top distributor partners such as Phonezo, Airlink, Smartlink etc. For those looking to purchase these online, we’ve news for you  too as these are also available on MiStore and Daraz. 

Quick Specs:

 Xiaomi 12Xiaomi 12 Pro
Display120Hz +  AMOLED DotDisplay120Hz 6.73” AMOLED Dot Display 
Rear Camera50MP main camera 13MP ultra-wide camera 2MP macro camera 5MP depth camera50MP wide angle, ultra-wide and tele macro camera
Front Camera32MP32MP in-display selfie camera
Dimension & Weight152.70mm x 69.90mm x 8.16mm – 180g163.60mm x 74.60mm x 8.16mm 205g
ProcessorSnapdragon ® 8 Gen 1Snapdragon ®r 8 Gen 1
Charging4500mAH – 67W charge4600mAH – 120W charge
Variant12GB + 256GB12GB + 256GB
Color AvailableGray, Purple & BlueGray, Purple & Blue

About Xiaomi Corporation  

Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.  

Embracing our vision of “Make friends with users and be the coolest company in the users’ hearts”, Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.  

Xiaomi is one of the world’s leading smartphone companies. The company’s market share in terms of smartphone shipments ranked no. 3 globally in the third quarter of 2021. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, more than 400 million smart devices connected to its platform as of September 30, 2021, excluding smartphones and laptops. Xiaomi products are present in more than 100 countries and regions around the world. In August 2021, the company made the Fortune Global 500 list for the third time, ranking 338th, up 84 places compared to 2020.  

Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index. 

To Get yours click here

TECNO to launch its new Spark phone in Pakistan soon

0

TECNO to launch its new Spark phone in Pakistan soon

After massive success in the Pakistani Mobile market, TECNO is rumored to be preparing for a new addition to its Spark series. The globally eminent smartphone brand TECNO has been working tirelessly in Pakistan for quite some time now. The brand has brought forward some great phones over the years with advanced technologies, pocket-friendly prices, and stylish designs. 

Spark is TECNO’s famous mid-range series, bringing you quality devices at lower prices. Spark 8C is an entry mobile that is expected to be around PKR 19,499 to PKR 22,999. The price is not confirmed yet but we are expecting it around this segment. The phone is going to be a stunner in this range with Stylish Design and great Battery.

According to sources, Spark 8C will be equipped with better memory and memory fusion features than any other phone in this range. Memory Fusion Technology is specially designed to channel RAM operations by using unused read-only memory (ROM). This means it can expand the memory of 4+128GB to 7+128GB and that of 3+64GB into 6+64GB maximum. The RAM can be updated or expanded from 3GB to 6GB and 4GB to 7GB depending on the variant. If this is true, then Spark 8C shall be the only smartphone to provide such an amazing feature with 128GB in such an affordable price range.

Moreover, the phone is anticipated to provide efficient performance with a powerful processor and big battery. The 90Hz refresh rate, great display, and handy body design will make it a user-friendly device. The phone is expected to launch somewhere in mid-March 2022. Furthermore, the phone is being assembled in Pakistan to make it economical and pocket-friendly for the local consumers. 

So, fingers crossed for this new Spark device to be soon launched in Pakistan. Stay tuned for more updates and much more about tech!

Jazz appoints Atyab Tahir as CEO JazzCash

0

Jazz appoints Atyab Tahir as CEO JazzCash

Jazz, Pakistan’s leading digital operator (part of VEON Group NASDAQ: VEON, Euronext Amsterdam: VEON), announces the appointment of Atyab Tahir as the CEO of JazzCash effective May 1 2022.

Atyab, currently serving as Country Manager MasterCard Pakistan & Afghanistan, has over two decades of international experience in banking and consulting. Atyab has also held senior positions at Fidelity Investments, HBL, Telenor Bank and easypaisa. He holds a BA from Dartmouth College and an MBA from Babson College.

Commenting on Atyab’s appointment Aamir Ibrahim, CEO, Jazz  said: “While mobile phones and payment solutions have accelerated financial inclusion in the country, a significant portion of Pakistan’s adult population remain unbanked. I am confident that under Atyab’s dynamic leadership JazzCash will help boost financial inclusion across the board through innovative and customer-centric products.”

JazzCash is at the forefront of Pakistan’s digital revolution processing more than 5 million transactions every day and accounting for almost 7% of Pakistan’s GDP. Our aim is to build a world-class fintech serving every single Pakistani, from youth, SMEs, freelancers, with a very strong focus on the unbanked and the underbanked. I look forward to joining the Jazz family and collaborating with our partners in the telecommunications and financial services sector to unlock the true potential of Digital Pakistan.” said Atyab.

A division of Jazz, JazzCash has grown rapidly to become a leader in the country’s marketplace for digital financial services. As shown in VEON Group’s FY21 results that were released on 28 February 2022, JazzCash has 15.2 million monthly active users (+24.9% YoY) and 130,800 monthly active merchants (up by 2.3 times YoY). 

Jazz appoints Atyab Tahir as CEO JazzCash.

vivo V23 5G — The Best in Camera, Technology, Performance and Appearance

0

Due to the constant development in the technology space for smartphones, there is always hype surrounding any new ‘firsts’ in the market. There is always excitement as to what will be introduced and how well it will be accepted by the audience. 

Keeping this in mind, Vivo’s latest smartphone vivo V23 5G finds itself in a similar situation. The day it was announced, it received a lot of attention for its color-changing design. The design itself represents a significant advancement in smartphone research and design. Making smartphones not only technologically superior but also cosmetically superior is a step forward.

The continual excitement and experience since the smartphone’s launch has not only solidified its market position but also demonstrated that it is a well-balanced phone that isn’t only focused on aesthetics.

Delving more into the device, the vivo V23 5G dons a high-resolution 50MP AF Portrait Selfie camera on the front. This device focuses heavily on the selfie experience which makes it stand out in the market. The latest ISOCELL 3.0 technology helps the camera increase light sensitivity to capture a more crystal-clear picture for the user. Furthermore, the Eye Autofocus feature enables the users to be the center of attention while clicking the picture as the camera focuses on the user, even if they are in motion. 

The dual front camera system offers a much larger field of view with the help of its 8MP Super Wide-Angle Camera. Furthermore, with modes like the AI Extreme Night Portrait mode, the front camera delivers an unparalleled experience in this price range. The phone also sports a 64 MP main rear camera with an 8MP wide-angle lens and a 2MP Macro that can handle wide natural landscapes very easily. The user experience is further increased with features like the Super Night Mode, Bokeh Flare Portrait, and Ultra Stabilization. It is only right to say that both, the front camera and the rear camera together offer a device that is picture-perfect. 

When it comes to the visual and performance aspects of this phone, there’s no doubt that it’s the best of what vivo has to offer. vivo has always been on the cutting edge of device design and aesthetics. It’s also fair to say that Vivo takes pride in its technological advancements and innovations. Every device that vivo introduces exemplifies this completion.

V23 5G brings out the result of Vivo’s extensive research which is the Color Changing Fluorite AG Design. This material changes its color upon exposure to ultraviolet light and after about 30 seconds under the sun. This switch goes back to normal once the phone is out of sun exposure. Talking more about the appearance of the device, it is the combination of the Metal Flat Frame Design and the Color Changing Fluorite AG Design that gives the device the aesthetic appeal that has been the talk in the industry for a while now. 

All these powerful features that the phone flaunts are powered by the powerful MediaTek Dimensity 920 processor. This processor offers powerful performance and a fast user experience. The Extended RAM 2.0 further enhances the user experience with its versatile features to expand RAM when required. The 90Hz refresh rate display, a Liquid Cooling System, and Ultra Game Mode make it possible for users to enjoy super smooth gameplay performance. This experience is mutually assisted by the 4200mAh battery that features a 44W FlashCharge that helps in interrupted experience and performance. 

To summarise it all, the vivo V23 5G is a proud and well-balanced device that fulfills the requirements of every smartphone enthusiast whether it is for work, casual, or professional usage.

 

Tech Giant XIAOMI launches anticipated Redmi Note 11 Pro – Packing major upgraded to hardwares & software!

0

Xiaomi announced the Redmi Note 11 Pro for Pakistani markets, pushing forward the legacy of the Redmi Note series with two all-new devices: Redmi Note 11 Pro and Redmi Note 11. Rising to the challenge to bring even stronger specs and features, Redmi Note 11 series packs powerful upgrades to its camera system, charging speed, display, and SoC—making flagship-level smartphone performance more accessible than before. All this available in a bundle deal, with Redmi Buds 3 completely free.

Flagship-level 108MP quad camera to deliver outstanding photography

Boasting a rear quad camera setup, Redmi Note 11 Pro delivers an outstanding photography experience with zero compromise. Its 108MP main camera captures stunning images in high-resolution and vivid colors; an 8MP ultra-wide angle camera extends your perspective with a 118-degree viewing angle; a 2MP macro camera that captures fine details up close and a 2MP depth sensor that’s for capturing more natural looking portrait shots. Accenting the front of the phone is a 16MP front camera that can capture clearer and natural-looking selfies. The 108MP pro-grade main camera utilizes the Samsung HM2 sensor with a large sensor size at 1/1.52 inch, and supports 9-in-1 pixel binning technology as well as a dual native ISO to deliver incredible images in all lighting conditions, with spectacular results especially in dim light.

120Hz FHD+ AMOLED DotDisplay packed into trendy flat-edge body

Featuring a large 6.67′ FHD+ AMOLED DotDisplay with 120Hz display refresh rate, Redmi Note 11 Pro levels up the screen experience with smooth scrolling response and lag-free transitions. The beautiful display is packed into a body with a trendy flat-edge design. Plus, with the dual super linear speakers located at the top and bottom of the phone, Redmi Note 11 offers immersive stereo sound for gaming or watching videos.

Performance powered by 67W turbo charging and MediaTek Helio G96

Redmi Note 11 Pro comes with flagship 67W turbo charging, allowing you to charge up

to 51% of its 5,000mAh high capacity battery in just 15 minutes Powered by MediaTek Helio G96, Redmi Note 11 Pro also delivers a smooth and seamless performance.

Market availability:

Redmi Note 11 Pro comes in two variants – 6GB+128GB, and 8GB+128GB and are available at top distributor partners such as Phonezo, Airlink Communication, Smartlink and Tech Sirat. For those looking to purchase these online, we’ve news for you  too as these are also available on MiStore.

Redmi Note 11 Pro

6GB+128GB: PKR 51,999/-

8GB+128GB: PKR 59,999/-

Redmi Note 11 Quick Specs:

 Redmi Note 11
Display120Hz  6.67” FHD+ AMOLED DotDisplay
Rear Camera108MP main camera 8MP ultra-wide camera 2MP macro camera 2MP depth camera
Front Camera16MP in-display front camera
Dimension & Weight164.19mm x 76.1mm x 8.12mm 202g
ProcessorMediaTek Helio G96
Charging5,000mAh (typ) battery Supports 67W wired Pro fast charging
Variant6GB+128GB, 8GB+128GB
Available ColorGraphite Gray, Polar White, Star Blue

The Redmi Note 11 Pro is available at PKR 51,999/- for the 6+128GB variant and PKR 59,999/- for the 8+128GB variant. A bundle deal with Redmi Buds 3 absolutely free!

About Xiaomi Corporation

Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.

Embracing our vision of “Make friends with users and be the Coolest Company in the users’ hearts”, Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.

Xiaomi is one of the world’s leading smartphone companies. The company’s market share in terms of smartphone shipments ranked no. 3 globally in the third quarter of 2021. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, more than 400 million smart devices connected to its platform as of September 30, 2021, excluding smartphones and laptops. Xiaomi products are present in more than 100 countries and regions around the world. In August 2021, the company made the Fortune Global 500 list for the third time, ranking 338th, up 84 places compared to 2020.

Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.

Limofied – Australian Rideshare and Car-Booking app Launched in Faisalabad

    0

    Limofied – Australian Rideshare and Car-Booking app Launched in Faisalabad

    Faisalabad: 24th December, 2016 – Limofied™ – an Australian-owned, rapidly growing ride-share, car-hire and car-booking app, has been launched in Pakistan. After a magnificent launch in Lahore recently, this team of ‘transport-management specialists’ has now launched their innovative services in Faisalabad too.

    It allows passengers using smartphones to submit a trip-request, which is then transmitted to the closest Limofied™ drivers, who use their legally registered vehicles to provide timely, comfortable, courteous and most economical transportation services, to diverse segments of consumers. A grand ceremony was held at a local hotel, to launch the services of Limofied™ in Faisalabad and some surrounding rural areas too. So the people of Faisalabad can now conveniently book a car for point-to-point travel, airport transfers, weddings or special events for corporate clients and leisure travels. Soon, these services will also be expanded to Karachi and all other important cities of Pakistan. Limofied will bring a whole new standard of high quality, professional car-travel services, which Uber and Careem have failed to deliver.The wide range of Limofied features, includes ‘Le Femme’ an exclusive program for nurturing female drivers (Captains), to empower and facilitate women. It promises the ultimate security and peace-of-mind for the female passengers, who prefer to be driven around by a well-trained lady-driver. The customers can access reliable 24/7 facilities, through a world-class App, website and service center – seamlessly connected to its vast network of professional and licensed drivers. It is the ideal choice for discerning clients, who value their time & safety, while appreciating quality delivered by the industry’s best drivers, reaching them on-time, every time.  The CEO of Limofied Technologies Ltd. – Syed Muhammad Kashif Iqbal stated that: “Being a Pakistani living abroad, it was my desire to make innovative contributions to empower the deprived segments in our motherland, through technological solutions, that create sustainable employment opportunities. Limofied is the first platform that is introducing ‘Motorcycle Taxi’ in Faisalabad, allowing the bike-owners to earn a respectable income. Limofied has added two more services in its App at Faisalabad Launch. A service called MOTOTaxi, (Motorcycle Taxi) and the Rickshaw. The App will now allow the students of the university and college to travel on less using its MOTOTaxi service, a motorcycle taxi service which will cost less then the conventional travel. It will create ease of travel for students and will also create jobs. Faisalabad has a massive population of the Rickshaws and at present the community is looking for the solution where they can call the Rickshaw with ease rather then running after them on the roads. Limofied App will cater for the both new MTOTAXI and RICKSHAW services along with the Limofied Business Class and Premium Economy.

     

    MOTO Taxi Fares are as follows:

    Base Fare: 50

    Per Km: 5

    Per Min: 1

    Minimum Fare: 70

     

     

    Rickshaw Fares are as follows:

    Base Fare: 50

    Per Km: 15

    Per Min: 1

    Minimum: 70

     

    After Lahore, Limofied is proud to expand to Faisalabad – which is the birth-place of its Chief Technology Officer & Co Founder – Mr Zahid Khan. The vast business-community in the industrial hub – Faisalabad is very happy to see that Limofied has a firm belief in the great potential of this business hub of Punjab. Kashif expressed his commitment and love for the people of Faisalabad. With the CPEC – Gwadar project being built throughout Pakistan, our business community needs world-class services. Limofied will make sure that various consumer-segments get their desired quality of services – Business-class facilities for the business travelers and premium economy services for the economy travelers. With Limofied; everyone will be a winner.The Chief Technical Officer of Limofied – Muhammad Zahid Khan stated that: We have created the most innovative transport-management application, customized to Pakistan’s needs. We have a vision to empower the local businesses by providing them the most versatile platform, to deliver a wide range of world-class services, with unmatched convenience. Limofied has successfully optimized the advantages of today’s revolutionary telecom technologies and mobile networks.Limofied™ is already available in most major cities of Australia and many European cities too. Its network is growing rapidly due to its cost-effective pricing, transparency and simplified app design. After Pakistan, this service will soon be launched in many other regions including: USA, UK, Canada, Middle East and Asia.‘Always On Time’ is the key promise of Limofied, as it delivers an unparalleled degree of reliability along with Multiple Options for Booking your rides in advance, via our website, phone or mobile app. At the end of the ride, the passengers get an auto-generated e-receipt for the exact amount you have paid. Using proprietary technology, every car in the Limofied fleet is tracked. The passengers can also track their ride through our mobile app. In-app text messages, along with email updates, are sent to the customer, when the car is on its way and when it has arrived at a pick up location.

    Limofied Australian ‘Ride-booking’ app to be launched in Pakistan

    0

    Limofied – Australian ‘Ride-booking’ app to be launched in Pakistan

    Lahore: 14th December, 2016 – Limofied™ – an Australian-owned, rapidly growing ride-share, car-hire and car-booking app, is now being launched in Pakistan. It allows passengers using smartphones to submit a trip request, which is then transmitted to the closest Limofied™ drivers, who use their legally registered vehicles to provide timely, comfortable and courteous transportation services to a variety of consumer segments.

    download Limofied™ is being launched in Lahore on the 17th of December 2016, where the passengers will be able to book a car for point-to-point travel, airport transfers, weddings or special events for corporate clients and leisure travels. Soon, these services will also be expanded to all other important cities of Pakistan. Limofied will bring a whole new standard of high quality, professional car-travel services, which Uber and Careem have failed to deliver.One added feature offered by Limofied is “La femme” exclusively for the female passengers, are the female Car drivers, promising the ultimate security and peace-of-mind to the female passengers. With a world-class App and website and service center, the customers can access reliable 24/7 facilities, seamlessly connected to its vast network of professional and licensed drivers. It is the ideal and affordable choice for discerning clients, who value their time, value their safety, and appreciate quality, delivered by this industry’s best drivers on-time, every time.   Limofied™ is already available in most major cities of Australia and many European cities too. Its network is growing rapidly due to its cost-effective pricing, transparency and simplified app design. After Pakistan, this service will soon be launched in many other regions including: USA, UK, Canada, Middle East and Asia. ‘Always On Time’ is the basic promise of Limofied, as it delivers an unparalleled degree of reliability along with Multiple Options for Booking your rides in advance, via our website, phone or mobile app. At the end of the ride, the passengers get an auto-generated e-receipt for the exact amount you have paid. Using proprietary technology, every car in the Limofied fleet is tracked. The passengers can also track their ride through our mobile app. In-app text messages, when the car is on its way and when it has arrived at a pick up location.

     

    Hum Jantay haen iss Mitti ki Zubaan

    0

    Hum Jantay haen iss Mitti ki Zubaan

    Zalmi Launches at APS

    0

    With collaboration of different partners Zalmi launces at APS to salute martyrs and their families, at launches franchise owner “Javed Afridi, CEO of Haier Home Appliances said, “Whatever we win will be dedicated to the martyrs of APS. This is our cause, the city’s cause, KPK’s cause,” 

    Zalmi Launches at APS

    “Zalmi, meaning youth, is just not a cricket team,” he said after unveiling the team logo at the premises of APS, an institution he is an alumnus of. “They are ambassadors of our frontiers, exponents of our sportsman spirit that lies in the hearts of every Pakistani.”

    The logo, in the shape of a turban worn by the Pashtuns in the western frontiers of Pakistan, is in three shades – blue, yellow and white – signifying pride of the region, the skies and the energy of the people.

    The word “Zalmi”, written in bold, is in a font designed to portray the team’s “head-on approach”.

    Afridi underscored his wish to help rebuild the lives of the families who lost their loved ones last year. For starters, he said, he would take the families of the victims to the UAE to watch PSL “so that they get to have some happiness and joy for a short period at least”.

    ‘An expert coaching panel to uplift Peshawar’

    Peshawar became the first PSL franchise to launch its logo and team name in a ceremony held at the APS. Team owner Afridi unveiled a star-studded coaching panel that will lead the team’s campaign in the first edition of the most lucrative domestic tournament in the country’s history.

    Former England head coach Andy Flower, former head coach of the National Cricket Academy Mohammad Akram, coach of Peshawar’s two time national T20 team Abdur Rehman and Pakistan team trainer Grant Luden have been inducted as Peshawar Zalmi’s coaching staff.

    Flower will be the batting coach/consultant; Akram will look after the responsibilities as head coach of the team while Rehman and Luden will be assisting in training activities.

    “We have tried to keep a top-class panel that can help groom our team for bigger challenges. Flower is a renowned coach who did wonders for England; his presence can also help our players earn county stints since he has an involvement in the set-up there.

    “Likewise, Akram has worked closely at the NCA and done in-depth work at the grassroot level. Rehman has also been rewarded for his outstanding work for Peshawar while Luden is already established as a trainer at the highest level,” said Afridi.

    Afridi added that his franchise will not only groom the players but will also generate opportunities for them to ply their trade in leagues around the world, while the coaching staff will be expected to spot talented players who have the potential to make a name in domestic and international arenas.

    Pakistan T20 captain Shahid Afridi announced on Tuesday that he will be taking 150 Army Public School (APS) students to Dubai for the inauguration ceremony of the Pakistan Super League (PSL).

    Zalmi Launches at APS

    Zalmi Launches at APS

    Zalmi Launches at APS

    Zalmi Launches at APS

    Zalmi Launches at APS

    Zalmi Launches at APS

    Zalmi Launches at APS

    Zalmi Launches at APS

    Zalmi Launches at APS

    Zalmi Launches at APS

    Zalmi Launches at APS

    Zalmi Launches at APS

    TECNO is Soon to Initiate # GiveMe5WithSpark5 Campaign

      0

      TECNO Pakistan once again, is all set to spark up your life with TikTok #GiveMe5WithSpark5 exciting challenge for Tiktok users with the launch of all-new Spark 5 Pro and all the participants will have a chance to win brand new Spark 5 Pro.

      This time the campaign is bigger and better than before as the top three celebs will take the lead and uncork this challenge. The names of the celebrities are not yet revealed, but Hina Altaf pictures are getting viral on social media as a part of the campaign.

      GiveMe5WithSpark5 challenge is specially designed for enthusiastic youngsters to show off their hidden and Tecno has also taken top Tiktokers onboard to make it more exciting for everyone.

       

      The entertaining dance steps and unique gesture involved in the Tiktok act will give a clue about innovative features of the Spark 5 Pro series. It is also rumored that participation in this challenge can help you win premium TECNO Spark 5 Pro.

       

      On this creative initiative, General Manager Tecno Pakistan Mr. Creek Maa shared his views, “TECNO phones are portable entertainment devices, therefore we, once again collaborating with a trendy platform like Tiktok to maximize our audience reach. TECNO not only believes to push beyond creative boundaries in its devices but also endeavors to come up with creative content for its consumers.”

       

      Within a few days of its launch, the simultaneously launched phone from Spark series bagged immense popularity among customers and tech experts alike. Spark 5 Pro versions (128GB ROM + 4GB RAM) is available in a reasonable price tag of PKR 21,499, and another version with (64GM ROM + 4GB RAM) can be purchased in just PKR 19, 999.

       

      To know more about the activity and to participate in the # GiveMe5WithSpark5 challenge stay tuned with TECNO’s official Facebook page @TecnoMobilePakistan, as something exciting is on your way.

      Govt may fetch Rs 52 billion from 3G licenses

        0

        To Download full magazine please visit

        Jun 2019 Issue

        Court Gives Major Relief to Bank in Dispute Over Taxing Losses

        0

        Landmark Ruling Redefines Application of Minimum Tax

        A significant legal decision has delivered major relief to a banking institution in a dispute over the taxation of financial losses, setting a powerful precedent for corporate taxpayers across the country. The ruling clarifies that minimum tax cannot be imposed when there is no actual tax liability under the normal taxation regime, fundamentally reshaping the interpretation of key provisions within the tax framework.

        This judgment addresses a long-standing issue in tax administration, where authorities have attempted to impose minimum tax even on entities reporting losses. The decision reinforces the principle that taxation must be grounded in real income or liability, rather than hypothetical or forced calculations.

        Understanding the Core Issue of Minimum Tax

        At the heart of the case lies the concept of minimum tax, which is generally designed to ensure that companies contribute a baseline amount of tax regardless of profitability. However, the tribunal emphasized that the legal wording governing minimum tax requires the existence of an actual tax payable under normal circumstances.

        The phrase “instead of the actual tax payable” was interpreted to mean that minimum tax serves as a substitute only when there is a pre-existing tax liability. In situations where a company incurs losses and no tax is due, this substitution cannot logically occur.

        This interpretation brings clarity to a provision that has often been applied inconsistently, leading to disputes between taxpayers and authorities.

        Loss-Making Entities and Tax Liability

        The ruling makes it clear that companies operating at a loss cannot be subjected to minimum tax. This is a crucial development for industries that frequently experience fluctuations in profitability, such as banking, manufacturing, and energy.

        Loss-making entities already face financial strain, and imposing additional tax burdens in such circumstances can hinder recovery and growth. By recognizing this reality, the decision promotes fairness and supports the sustainability of businesses during challenging periods.

        The judgment underscores that taxation should reflect economic realities rather than impose artificial obligations that do not align with actual financial performance.

        Judicial Interpretation Strengthens Taxpayer Rights

        The tribunal relied on established legal principles to support its decision, emphasizing that tax laws must be interpreted in a manner consistent with their intended purpose. The requirement of an actual tax liability was deemed essential for the application of minimum tax provisions.

        This approach strengthens taxpayer rights by preventing arbitrary or overly aggressive enforcement actions. It also reinforces the importance of adhering to the precise language of the law, rather than extending its scope beyond what is explicitly stated.

        By aligning its reasoning with higher judicial interpretations, the ruling adds weight to its conclusions and enhances its potential impact on future cases.

        Limits on Tax Authorities’ Powers

        Another critical aspect of the decision involves the scope of authority granted to tax officials during assessment and amendment proceedings. The tribunal held that such proceedings are limited in nature and cannot be used as a tool for conducting broad or speculative investigations.

        Tax authorities were criticized for exceeding their jurisdiction by introducing new legal arguments and conducting inquiries that were not part of the original notice issued to the taxpayer. This practice was deemed inconsistent with the principles of due process and fairness.

        The ruling establishes clear boundaries, ensuring that taxpayers are not subjected to unpredictable or shifting grounds during legal proceedings.

        Importance of Show-Cause Notices

        The decision places strong emphasis on the role of show-cause notices in tax disputes. These notices serve as the foundation for any subsequent proceedings, outlining the specific issues and allegations that the taxpayer must address.

        The tribunal reaffirmed that authorities must strictly adhere to the grounds mentioned in these notices. Introducing new arguments or provisions at a later stage undermines the integrity of the process and deprives taxpayers of a fair opportunity to respond.

        This clarification is expected to improve procedural transparency and reduce the likelihood of arbitrary assessments.

        Treatment of Financial Instruments and Income Streams

        The case also addressed the classification and treatment of various income streams, particularly in the context of financial institutions. One of the key findings was that certain types of income should not be included in the calculation of turnover for the purpose of minimum tax.

        This distinction is significant, as it prevents the inflation of taxable amounts through the inclusion of items that do not fall within the intended scope of the law. By refining these definitions, the ruling contributes to a more accurate and equitable tax framework.

        Relief on Bad Debts and Non-Performing Loans

        The tribunal provided further relief by addressing issues related to bad debts and write-offs associated with non-performing loans. It was determined that tax authorities had overstepped their authority by attempting to reassess these items using provisions that were not originally cited.

        This finding highlights the importance of procedural discipline and the need for authorities to operate within clearly defined legal boundaries. For financial institutions, which often deal with complex asset classifications, such clarity is essential for maintaining compliance and avoiding unnecessary disputes.

        Avoidance of Double Taxation

        Another important aspect of the ruling is its stance on avoiding double taxation. The tribunal recognized that denying tax credits for payments made in certain jurisdictions would effectively result in the same income being taxed twice.

        This outcome was deemed unacceptable, as it violates fundamental principles of fairness and equity in taxation. By allowing the tax credit, the ruling ensures that taxpayers are not penalized for cross-border or multi-jurisdictional operations.

        Implications for Corporate Taxpayers

        The decision is expected to have far-reaching implications for corporate taxpayers across various sectors. It provides a clear framework for interpreting minimum tax provisions and reinforces the need for authorities to adhere to procedural requirements.

        Companies can now rely on this precedent to challenge similar assessments, particularly in cases involving losses or disputed classifications of income. The ruling also encourages greater consistency in the application of tax laws, reducing uncertainty for businesses.

        Impact on the Banking Sector

        For the banking sector, the judgment is particularly significant. Financial institutions often face unique challenges in tax compliance due to the nature of their operations, including the management of non-performing assets and complex income streams.

        The clarity provided by this ruling will help banks navigate these challenges more effectively, ensuring that they are taxed fairly and in accordance with the law. It also reinforces the importance of maintaining accurate records and adhering to established procedures.

        Strengthening Legal and Regulatory Framework

        The ruling contributes to the ongoing development of a more robust and transparent legal framework for taxation. By addressing key ambiguities and setting clear limits on authority, it enhances the overall integrity of the system.

        Such decisions play a vital role in building confidence among taxpayers and investors, as they demonstrate a commitment to fairness and the rule of law. A strong legal framework is essential for fostering economic growth and attracting investment.

        Encouraging Compliance and Fair Practices

        By clarifying the application of tax laws and reinforcing procedural safeguards, the decision encourages voluntary compliance among taxpayers. When rules are clear and consistently applied, businesses are more likely to adhere to them without the need for enforcement actions.

        At the same time, the ruling serves as a reminder to authorities to exercise their powers responsibly and within legal limits. This balance is crucial for maintaining a healthy relationship between taxpayers and regulators.

        Conclusion: A Defining Moment in Tax Jurisprudence

        The decision represents a defining moment in the interpretation and application of minimum tax provisions. By affirming that tax cannot be imposed in the absence of actual liability, it upholds fundamental principles of fairness and economic reality.

        The ruling not only provides immediate relief to the affected bank but also sets a precedent that will influence future cases and shape the evolution of tax law. Its impact will be felt across industries, contributing to a more predictable and equitable taxation environment.

        As the legal and economic landscape continues to evolve, such judgments serve as important milestones in ensuring that the system remains fair, transparent, and aligned with the needs of both taxpayers and the broader economy.

        Read More

        IMF Imposes 11 Fresh Conditions for Pakistan to Access $1.2 Billion Funding