Your Guide to Pay E-Challan in Pakistan [Guide]

Pakistan is crippled by poor traffic situation; a problem which has also suffered through the hands of corruption in the past. To overcome these problems and eliminating human interface, Punjab Safe Cities Authorities (PSCA) introduced the E-Challan system in Lahore last year in September.

The E-Challan system, initially launched in Lahore, is now being replicated in other cities as well which includes the capital, Islamabad.

In order to identify the traffic violators, ANRP cameras are installed at various locations throughout the city. Following the identification process, the challans are then dispatched to the home address of the violators which is stored in the database.

This process not only eases the lives of the authorities but also for the perpetrators, who have the facility to pay their dues over the internet. Previously, this process was extremely tedious and involved hours of standing in long queues.

There is denying that this was a much needed step. This process has eliminated human interference which means the chances of corruption are practically zero. Additionally, it has also helped the culprits to pay their fines much quicker.

Now that we understand how E-Challans are generated and what the benefits of it are, let’s talk about what are the steps if you are served with a notice.

Checking E-Challan Online

If you have broken any traffic law then expect a challan to be delivered at your door within a week. Here is how the challan copy looks like:

The authority informs the culprits in two manners:

1.    Physical copy of the challan will be sent at your home address

2.    Information regarding the challan will be updated on their website

o   To check, visit the website

o   Enter the *CNIC and vehicle registration number

o   Download the challan form on your device

*Note that the car must be registered under your own name. If it isn’t then enter the CNIC of the actual owner of the car.

Paying the E-Challan

Currently, the system is fully operational in Lahore but the process of paying the dues in other cities will also be the same (unless we post otherwise).

Here are few of the methods through which you can pay the e-challan fine:

How to Pay E-Challan with Physical Copy:

• Take the physical copy delivered at your home address to the nearest branch of Bank of Punjab or National Bank of Pakistan and pay the fine there.
• You can also use the Bank of Punjab ATMs to submit the fine if you don’t want to be subjected to standing in long queues.
• If the E-Challan is not delievered to your address, you can do the following things:
• Go to the E-Challan website, print the challan and repeated any of the above two methods

How to Pay E-Challan via Internet:

• In order to pay the challan online, the mobile application is currently under development through which the fines can be paid with ease.
• Once developed, it will be available for download on Play Store and App Store both, catering to all kinds of smartphone users.

This post is taken from https://propakistani.pk

Link to original post is : https://propakistani.pk/2019/03/14/heres-how-you-can-pay-e-challan-in-pakistan-guide/

Jeff Bezos is now the Richest Person in World

Amazon’s Founder & CEO, Jeff Bezos has now beaten Bill Gates to become the wealthiest man in the world with a total worth of $141.9 billion. Last year, Bezos was beaten by Gates in just a few hours to become the richest man in the world again. However, since the start of June this year, Bezos’s net worth has grown by $5 billion making him $49 billion richer than Bill Gates and $60 billion than Warren Buffet.

Earlier this year, Bezos helped Amazon become the second most valuable company and also dethroned Apple & Google to have the most positive impact in the society. His success can be traced back to his decision to quit his job and kickstart his own business at the age of 30.

Being a straight-A student and a class valedictorian, Bezos got accepted to Princeton via early admissions to pursue computer science and electrical engineering. After completing his education, Bezos worked at an array of finance and tech firm. When he was serving as the Vice President of D.E. Shaw, Bezos had a light bulb moment to sell books over the internet. He discussed this internet bookstore idea with his boss who appreciated the idea but also pointed out the significant risk of compromising a stable job to pursue this idea.

Bezos was inspired to see how internet usage was increasing 2300 percent per year. He has never heard about something that grew this fast. His idea to build an online bookstore with millions of titles excited him more. Something like this could not be possible in the offline world. That’s when Bezos reflected if his 80-year-old self will regret not seizing this opportunity. What followed rest is now history.

In 1994, Bezos quit his job to follow his entrepreneurial aspirations. Three years later, Amazon had gone public. Since the company’s debut, Amazon has been rising exponentially in the Fortune 500 ranks to come close to its ultimate competitor, Walmart. This year, Amazon made history for the first time breaking into the top 10 listing of Fortune 500, ranking 8th amongst the biggest American company.

With this ranking, Amazon has gone up four ranks since its last year’s 12th spot. In 2002, Amazon made its debut on the Fortune 500 list at 492nd rank, the same year Walmart first landed the top spot in the list and continues to do so. In a span of 16 years, Amazon is catching up with the biggest American company. With its exponential progress and constant innovation, it is only a matter of time that it beats Walmart.

This post is taken from https://techjuice.pk

Link to original post is : https://www.techjuice.pk/jeff-bezos-founder-of-amazon-is-now-the-richest-man-in-the-world/

Reduced Sales Tax on Earnings through Websites : FBR

The government has now decided to reduce sales tax for earnings made via online websites.

A 6% tax will now be implemented on online websites that generate revenue, granted that the owner of that website provides all the sales data to the Federal Board Revenue’s Computerized system through the required software. Under FBR rules, the standard rate of sales tax is 17% but online sales can get avail a lower 6% rate if they register with the FBR system and provide the necessary data.

As per the new rules devised by FBR, any online business or online sales made through a website which is hosted with a registered domain name will be treated in the same way as the sales that are made through a point of sales on any regular physical outlet and is accordingly covered under this rule, provided that the complete sales data is transmitted to the FBR’s database through a prescribed integration software with the same particulars as specified with invoice provided to the customer with particulars.

Websites that generate revenue through online earning will now be registered with FBR’s computerized system and are now required to provide the following details:

• Domain name
• Domain name provider
• Name of service provider managing the website
• Addresses of supply centers and warehouses
• Furthermore, social media portals may also come under this category if they generate revenue via these online platforms.

“Sales made through social media portals shall also be treated as covered under this sub-rule if the same are recorded through a point of sale and relevant provisions are complied with,” FBR added.

Good news for the leather and textile sector is that FBR has allowed these industries to integrate with FBR’s online system through which these sectors will be able to avail the benefits of reduced sales tax rates under SRO 1125(1)/2011.

With the introduction of these promising tax reforms, the government will be hoping that more and more business come under the tax-net and register themselves as legitimate businesses with proper payment of the required taxes.

This post is copied from https://techjuice.pk

Link to original post is : https://www.techjuice.pk/fbr-reduces-sales-tax-on-earnings-through-websites/