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Print - 2010-03-07
PPP, MQM reach understanding on LB polls in Sindh: Badr

PPP, MQM reach understanding on LB polls in Sindh: Badr

Pakistan People's Party (PPP) General Secretary Jahangir Badr said Pakistan People's Party (PPP) and Muttahida Qaumi Movement (MQM) have struck reconciliation over Local Bodies elections in Sindh. He was talking to media after hearing of reference cases a
Published 07 Mar, 2010 12:00am
Pakistani businessmen invited to Bosnia for joint ventures

Pakistani businessmen invited to Bosnia for joint ventures

Bosnia and Herzegovina has a huge potential in a number of sectors including construction, energy, agriculture, infrastructure, textiles, tourism and fresh fruits, thus the Pakistani businessmen could avail the opportunities by initiating joint ventures w
Published 07 Mar, 2010 12:00am
NWFP leases tourists' resorts to a US firm

NWFP leases tourists' resorts to a US firm

The government of NWFP on Saturday signed a Memorandum of Understanding (MoU) with Red Onion, a US company to provide economical accommodations to tourist in Nathiagali. In this connection an agreement was signed between Sarhad Tourism Corporation and Red
Published 07 Mar, 2010 12:00am
US to quit Pakistan in a humiliating manner: Jamaat-i-Islami

US to quit Pakistan in a humiliating manner: Jamaat-i-Islami

If the people of Pakistan don't understand the nature of war on terror and the US designs in this connection, then it would be disastrous for the country's solidarity. Jamaat-i-Islami (JI) Chief Syed Munawar Hasan said this while addressing JI office bear
Published 07 Mar, 2010 12:00am
PML-Q appoints vice presidents

PML-Q appoints vice presidents

Pakistan Muslim League-Q President Senator Chaudhry Shujaat Hussein has appointed 3 PML-Q members as Vice-Presidents of the party. The PML-Q Secretary General Mushahid Hussein Syed has issued a party notification to this effect. Those appointed as the Vic
Published 07 Mar, 2010 12:00am
Gilani's decision to deliver monthly radio speech criticised

Gilani's decision to deliver monthly radio speech criticised

Pakistan Muslim League-N (PML-N) criticised Prime Minister Gilani for his decision to deliver monthly radio speech, saying that it would not change the fate of the poor people, rooting out poverty, unemployment and social injustice. Prime Minister Gilani
Published 07 Mar, 2010 12:00am
'PML-N determined to secure coming generations future'

'PML-N determined to secure coming generations future'

Pakistan Muslim League-Nawaz (PML-N) is waging a just struggle to secure the future of coming generations, while its leadership is determined to steer the country out of prevailing crisis. This was stated by the PML-N leader Hamza Shahbaz MNA while addres
Published 07 Mar, 2010 12:00am
'All resources to be utilised to strengthen civil defence department'

'All resources to be utilised to strengthen civil defence department'

Senior Advisor to Chief Minister Punjab, Sardar Zulfiqar Ali Khan Khosa has acknowledged the role of civil defence in present critical situation and assured to extend all possible resources to strengthen the civil defence department in the province. He wa
Published 07 Mar, 2010 12:00am
NFC achievements during 2009

NFC achievements during 2009

After privatisation and disinvestment of production units under government decision, downsizing of NFML (a marketing company of NFC) commenced. Employees were relieved on voluntary retirement/golden handshake schemes except an infrastructure of 62 kept on
Published 07 Mar, 2010 12:00am
PTCL-DSL package

PTCL-DSL package

In September 2009, I got DSL connection on my landline No 36315169 under student package with one month free offer. On expiry of free offer time-limit bill received according to student package but from the very next month, DSL charged at normal rate with
Published 07 Mar, 2010 12:00am
The ball is in India's court

The ball is in India's court

The recent Indian offer to resume talks after a prolonged state of deep freeze has been welcomed by the Pakistan government and the international community at large. But there has been a general feeling of disappointment as the talks yielded no tangible r
Published 07 Mar, 2010 12:00am
'Ajami' casts harsh light on Israel's other Arab conflict

'Ajami' casts harsh light on Israel's other Arab conflict

In the mixed neighbourhood of the Israeli film "Ajami," Jews and Arabs rub shoulders on the same quiet, leafy streets, never knowing when someone is going to draw a knife. The film, the third Israeli production to be nominated for an Academy Award in as m
Published 07 Mar, 2010 12:00am
Battle lines drawn over EU foreign service

Battle lines drawn over EU foreign service

The European Union's heavyweights have deployed their skirmishers, and now the battle lines are being drawn. The EU is currently trying to set up a brand-new diplomatic service, as mandated by the bloc's Lisbon Treaty, which came into force in December.
Published 07 Mar, 2010 12:00am
Curbing inflation - II: Fiscal policy and inflation

Curbing inflation - II: Fiscal policy and inflation

As we know that fiscal policy is the use of government spending and revenue collection to influence the economy as the governments spend money on a wide variety of things, from the military and police to services like education and healthcare, as well as
Published 07 Mar, 2010 12:00am
Missing persons

Missing persons

A Supreme Court bench has given the government two weeks to furnish a detailed report regarding the whereabouts of the missing persons, failing which it would issue orders on all the cases. The court made it known that it would deliver the verdict on the
Published 07 Mar, 2010 12:00am
Financial crunch and PSDP packages

Financial crunch and PSDP packages

Prime Minister Yousuf Raza Gilani has directed the Finance Ministry and the Planning Commission not to resort to a cut in development funds earmarked for projects under the Multan and Larkana packages, a Recorder Report quoting sources has claimed.
Published 07 Mar, 2010 12:00am
KPT urges stakeholders to prepare plans to counter oil spill disaster

KPT urges stakeholders to prepare plans to counter oil spill disaster

The Karachi Port Trust (KPT) has urged the oil companies and other concerned organisations to stockpile 'oil spill response equipment' to avert a major spill catastrophe like that of MV 'Tasman Spirit'. Further, it said that it is in the process of procur
Published 07 Mar, 2010 12:00am
'New culture to enhance revenue imperative'

'New culture to enhance revenue imperative'

Punjab Finance Minister Tanvir Ashraf Kaira has said that it is imperative to promote new culture for enhancing revenue of province and ratio of various taxes should be made according to market base so that maximum resources could be collected and used fo
Published 07 Mar, 2010 12:00am
Farmers for action against Indian water aggression

Farmers for action against Indian water aggression

Pakistan Muttahida Kisan Mahaz (PMKM) has urged all the segments of the society to devise a strategy for launching an organised movement against India on violating the Indus Basin Water Treaty and depriving Pakistan from its share of the river waters.
Published 07 Mar, 2010 12:00am
Strike at fish harbour

Strike at fish harbour

Karachi fish harbour remained closed on Saturday because of strike by the fishermen and boat captains in protest against the fresh incident of gunfire at Karachi boundboats by the officials in Balochistan waters. This is another strike call within a week,
Published 07 Mar, 2010 12:00am
FPCCI capital building to complete by June: Chawla

FPCCI capital building to complete by June: Chawla

The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Building Project Committee meeting was held Saturday at the FPCCI Capital Office, Islamabad under the chairmanship of President FPCCI Sultan Ahmad Chawla. President FPCCI said that Islamab
Published 07 Mar, 2010 12:00am
Husband stabs his wife to death

Husband stabs his wife to death

A woman was killed by her husband over domestic issues in limits of Quaidabad police station on Saturday, police said. According to detail, Anila 24, wife of Muhammad Asad was stabbed to death by her husband in Muzaffarabad Colony. After killing her wife,
Published 07 Mar, 2010 12:00am
Government to release funds for uplift projects

Government to release funds for uplift projects

The Punjab government has decided to release the frozen development funds after the appointment of town administrators and has also decided to start work on 40 mega projects. Relevant members of National Assembly would monitor the development projects in
Published 07 Mar, 2010 12:00am
Rauf says government to help solve industrialists' problems

Rauf says government to help solve industrialists' problems

Sindh Industries Minister Rauf Siddiqi has said that only business community is capable to steer the country out of present financial crises and this temporary phase will be over soon. He was speaking as chief guest on the occasion of launching ceremony o
Published 07 Mar, 2010 12:00am
'Kashmir cause damaged during Musharraf's regime'

'Kashmir cause damaged during Musharraf's regime'

Prime Minister Azad Jammu and Kashmir Raja Mohammed Farooq Hyder Khan has said that the Kashmir cause was most damaged during the reign of former President Parvez Musharraf. Pakistan should reframe its national policy envisaging the ideological and natura
Published 07 Mar, 2010 12:00am
APDPA wants 'Customs Care System' at all dry ports

APDPA wants 'Customs Care System' at all dry ports

All-Pakistan Dry Ports Association (APDPA), which met here on Saturday under chairmanship of its Chairman, Malik Muhammad Anwar, demanded that Chairman Federal Board of Revenue (FBR) Sohail Ahmed, should order for immediate setting up of the "Customs Care
Published 07 Mar, 2010 12:00am
Prices of essential commodities revised

Prices of essential commodities revised

District Price Control Committee has revised the prices of essential commodities and adjusted them according to market trends. Under directions of DCO/Administrator a special meeting of the committee held here on Saturday with EDO (F & P) Iqbal Hussain in
Published 07 Mar, 2010 12:00am
KBCA issues strict instructions against violative constructions

KBCA issues strict instructions against violative constructions

The Chief Controller of Buildings, Manzoor Kadir has directed the KBCA officials to approve the building plans phase-wise to eliminate violative constructions. He particularly called for continuous monitoring of ongoing constructions to discourage and con
Published 07 Mar, 2010 12:00am
Bt cotton varieties' approval likely by mid March

Bt cotton varieties' approval likely by mid March

In the wake of technical approval granted to Bt cotton varieties by technical advisory committee (TAC), the National Bio-Safety Committee (NBC) would forward the proposal to Punjab Seed Council (PSC) for final approval.
Published 07 Mar, 2010 12:00am
Fourth Gem Bazaar starts in Quetta

Fourth Gem Bazaar starts in Quetta

The 4th Gem Bazaar has been started here from Saturday under the auspices of Pakistan Gems and Jewellery Development Company (PGJDC) with the inauguration from Mushtaq Ahmed Raisani, Secretary Mines and Minerals Balochistan.
Published 07 Mar, 2010 12:00am
Demand for textile machinery on the rise

Demand for textile machinery on the rise

A large number of representatives from local textile industry thronged the 8th international Machinery Exhibition of Garment and Textile Technology, MEGATECH Pakistan 2010 on the last day at Karachi Expo Centre here on Saturday. Most of the exhibitors hav
Published 07 Mar, 2010 12:00am
UAF chalks out five-day festival programmes

UAF chalks out five-day festival programmes

Various pro-farmer, full of entertainment and colourful programmes have been chalked out under 5-day festival being organised by University of Agriculture Faisalabad (UAF) from March 22 to 26. The proposed festival will be inaugurated on March 22, 2010 by
Published 07 Mar, 2010 12:00am
Recruitment of teachers: LDA invites applications

Recruitment of teachers: LDA invites applications

The Lahore Development Authority (LDA) has invited applications for recruitment of teachers in LDA Model Schools Sabzazar and Ghulshan-e-Ravi, academic activities in these schools will commence next month. According to a LDA's spokesman here on Saturday,
Published 07 Mar, 2010 12:00am
Quality education a must for socio-economic uplift: Ghani

Quality education a must for socio-economic uplift: Ghani

The NWFP Governor, Owais Ahmed Ghani has said, quality in education, technological advancement and the knowledge, being imparted in educational institutions is must not only for socio-economic uplift of the people of the country but even for our survival
Published 07 Mar, 2010 12:00am
100 remote villages to be electrified through solar power

100 remote villages to be electrified through solar power

Ministry of Water and Power would electrify around 100 villages through solar energy during this year as part of its programme to ensure light in every village of the country. Electrification through Renewable Energy Technologies in remote and off-grid vi
Published 07 Mar, 2010 12:00am
Civil defence training on modern lines stressed

Civil defence training on modern lines stressed

Modern and explosive detectors machine had been provided to the district civil defence organisation besides providing other equipment and technical facilities for performing proper mechanical duties by the civil defence rescues.
Published 07 Mar, 2010 12:00am
National Assembly body takes notice of hike in medicines' prices

National Assembly body takes notice of hike in medicines' prices

The National Assembly Standing Committee on Health taking serious notice of rapid increase in prices of medicines has directed the Ministry of Health to devise a policy to control surge in prices. The standing committee met under the chairmanship of Dr Na
Published 07 Mar, 2010 12:00am
Gilani vows to run PPP in line with Zulfikar Ali Bhutto's vision

Gilani vows to run PPP in line with Zulfikar Ali Bhutto's vision

Prime Minister Syed Yousuf Raza Gilani, who is also Vice Chairman of the Pakistan People's Party (PPP), reiterated his resolve to run the party in line with the vision and mission of Zulfikar Ali Bhutto (ZAB) and Benazir Bhutto. He was addressing office-b
Published 07 Mar, 2010 12:00am
Conference on community development on March 8

Conference on community development on March 8

A national conference on community development would be organised at a local hotel on March 8. An announcement on Saturday said the three-day moot would be held under the auspices of the Department of Sociology, University of Karachi, in collaboration wit
Published 07 Mar, 2010 12:00am
Palm, soybean oil imports witness negative growth

Palm, soybean oil imports witness negative growth

The palm oil and soybean oil imports into the country during the first seven months of the current fiscal year witnessed negative growth of 17.42 percent and 71.43 percent, respectively as compared to the imports of the corresponding period of last year.
Published 07 Mar, 2010 12:00am
KESC clarification

KESC clarification

The Karachi Electric Supply Company has contradicted reports of any fault in the gas compressor of 220-megawatt Combined Cycle Power Plant (CCPP) at Korangi, which had already resumed power generation, says a press release issued here on Saturday.
Published 07 Mar, 2010 12:00am
Police clueless about the whereabouts of kidnapped British boy

Police clueless about the whereabouts of kidnapped British boy

Punjab Police are clueless about the whereabouts of the five-year-old British boy Sahil Saeed, who was kidnapped on Wednesday night, informed sources revealed here on Saturday. Over a dozen people are in police custody and are being interrogated.
Published 07 Mar, 2010 12:00am
Shirazi Travels & Tours joins GSM

Shirazi Travels & Tours joins GSM

Global Specialist Markets (GSM), founded by Reed & Mackay Travel Management, United Kingdom, is a leader in global travel management, and today is pleased to announce the addition of Shirazi Travels & Tours Pvt Ltd (Pakistan) to its rapidly expanding glob
Published 07 Mar, 2010 12:00am
CJP chairs meeting of National Judiciary Committee

CJP chairs meeting of National Judiciary Committee

Chief Justice of Pakistan, Justice Iftikhar Mohammed Chaudhry has said that restoration of judiciary has completed one year during which the higher judiciary had taken major and important decisions despite difficult conditions. He was chairing a meeting o
Published 07 Mar, 2010 12:00am
ICAP holding CFO Conference on March 11

ICAP holding CFO Conference on March 11

The Institute of Chartered Accountants of Pakistan (ICAP) is organising a CFO Conference on Thursday, March 11, 2010 at Marriott Hotel, Karachi. The theme of the Conference will be "Rising CFO". More than 500 delegates are expected to attend the Conferenc
Published 07 Mar, 2010 12:00am
Lecture series on culture, politics in South Asia

Lecture series on culture, politics in South Asia

The breakup of the subcontinent into two centers of power was not an accident but a choice. This was said by Ayesha Jalal, renowned historian, political analyst, author and Mary Richardson Professor of history at Tufts University, while addressing a lectu
Published 07 Mar, 2010 12:00am
Tuwairqi Steel to provide 14 megawatts electricity to KESC

Tuwairqi Steel to provide 14 megawatts electricity to KESC

The Tuwairqi Steel Mills Limited (TSML), the country-arm of Saudi Arabia's largest private-sector steel producer Al Tuwairqi Holding in Pakistan, has signed a contract with Karachi Electric Supply Company (KESC), for adding 14MW of electricity to the powe
Published 07 Mar, 2010 12:00am
India closes medical mission in Kabul

India closes medical mission in Kabul

After terror attack in Kabul, India closed its medical mission in Kabul temporary. An Indian official Spokesperson on Saturday while denying reports on temporary suspension of functioning of Indian Medical Missions in Afghanistan, said after the death of
Published 07 Mar, 2010 12:00am
India closes medical mission in Kabul

India closes medical mission in Kabul

After terror attack in Kabul, India closed its medical mission in Kabul temporary. An Indian official Spokesperson on Saturday while denying reports on temporary suspension of functioning of Indian Medical Missions in Afghanistan, said after the death of
Published 07 Mar, 2010 12:00am
Genocide vote to hurt US-Turkey ties: Erdogan

Genocide vote to hurt US-Turkey ties: Erdogan

A US resolution that branded as genocide the killing of Armenians by Ottoman Turks during World War One will greatly harm US-Turkish relations, Prime Minister Tayyip Erdogan said on Saturday. Nato member Turkey, an ally crucial to US interests in Iraq, Ir
Published 07 Mar, 2010 12:00am
Genocide vote to hurt US-Turkey ties: Erdogan

Genocide vote to hurt US-Turkey ties: Erdogan

A US resolution that branded as genocide the killing of Armenians by Ottoman Turks during World War One will greatly harm US-Turkish relations, Prime Minister Tayyip Erdogan said on Saturday. Nato member Turkey, an ally crucial to US interests in Iraq, Ir
Published 07 Mar, 2010 12:00am
US hunts for citizens training with terror groups

US hunts for citizens training with terror groups

The top US diplomat in Pakistan said on Friday that the Obama administration does not know how many Americans might have disappeared overseas to train with al Qaeda or other terrorist groups, but the number is not thought to be large.
Published 07 Mar, 2010 12:00am
US hunts for citizens training with terror groups

US hunts for citizens training with terror groups

The top US diplomat in Pakistan said on Friday that the Obama administration does not know how many Americans might have disappeared overseas to train with al Qaeda or other terrorist groups, but the number is not thought to be large.
Published 07 Mar, 2010 12:00am
PML-N leader Aziz Imrani shot dead

PML-N leader Aziz Imrani shot dead

A district leader of Pakistan Muslim League-N Aziz Imrani has been shot dead while his three guards sustained critical injuries on Karkh Road in Khuzdar on Saturday morning. According to a private news channel quoting police sources, Imrani was going alon
Published 07 Mar, 2010 12:00am
11 Philippine soldiers killed in communist ambush

11 Philippine soldiers killed in communist ambush

Eleven Philippine soldiers were killed in an ambush by communist guerrillas on Saturday, a military spokesman said. The soldiers were on patrol in Mindoro island, south of Manila when they ran into a fortified camp of the communist New People's Army (NPA)
Published 07 Mar, 2010 12:00am
Iceland votes over foreign debts, economy at risk

Iceland votes over foreign debts, economy at risk

Icelanders voted in a referendum on Saturday on a $5 billion deal to repay Anglo-Dutch loans, with an expected resounding "No" set to further delay foreign aid and hopes for economic recovery. Despite the consequences of rejecting the standing deal, Icela
Published 07 Mar, 2010 12:00am
Iceland votes over foreign debts, economy at risk

Iceland votes over foreign debts, economy at risk

Icelanders voted in a referendum on Saturday on a $5 billion deal to repay Anglo-Dutch loans, with an expected resounding "No" set to further delay foreign aid and hopes for economic recovery. Despite the consequences of rejecting the standing deal, Icela
Published 07 Mar, 2010 12:00am
Iceland votes over foreign debts, economy at risk

Iceland votes over foreign debts, economy at risk

Icelanders voted in a referendum on Saturday on a $5 billion deal to repay Anglo-Dutch loans, with an expected resounding "No" set to further delay foreign aid and hopes for economic recovery. Despite the consequences of rejecting the standing deal, Icela
Published 07 Mar, 2010 12:00am
Brown hails anti-Taliban push in Afghanistan

Brown hails anti-Taliban push in Afghanistan

Early wins in a major anti-Taliban push in southern Afghanistan offered a "beacon of hope," British Prime Minister Gordon Brown said Saturday during a surprise visit to troops. During a lightning eight-hour visit to Helmand province, Brown cautioned that
Published 07 Mar, 2010 12:00am
Brown hails anti-Taliban push in Afghanistan

Brown hails anti-Taliban push in Afghanistan

Early wins in a major anti-Taliban push in southern Afghanistan offered a "beacon of hope," British Prime Minister Gordon Brown said Saturday during a surprise visit to troops. During a lightning eight-hour visit to Helmand province, Brown cautioned that
Published 07 Mar, 2010 12:00am
Irsa reduces water outflows from Tarbela, Mangla dams after rains

Irsa reduces water outflows from Tarbela, Mangla dams after rains

As Pakistan is passing through one of the worst lean periods of water availability in the month of March, the Indus River System Authority (Irsa) has reduced water outflows from Tarbela and Mangla dams by 5,000 cusecs, which are just a few feet above thei
Published 07 Mar, 2010 12:00am
Pentagon concerned over Blackwater's work in Afghanistan

Pentagon concerned over Blackwater's work in Afghanistan

US Defence Secretary Robert Gates is concerned about possible misconduct in Afghanistan by the private security firm formerly known as Blackwater and has promised to review the issue, the Pentagon said. Gates made the pledge to lawmakers after receiving a
Published 07 Mar, 2010 12:00am
Pentagon concerned over Blackwater's work in Afghanistan

Pentagon concerned over Blackwater's work in Afghanistan

US Defence Secretary Robert Gates is concerned about possible misconduct in Afghanistan by the private security firm formerly known as Blackwater and has promised to review the issue, the Pentagon said. Gates made the pledge to lawmakers after receiving a
Published 07 Mar, 2010 12:00am
UN chief urges successful NPT review conference

UN chief urges successful NPT review conference

UN chief Ban Ki-moon on Friday highlighted the importance of a successful review conference of the landmark Nuclear Non-Proliferation Treaty (NPT), which entered into force 40 years ago. "I would like to underscore the importance of a successful review co
Published 07 Mar, 2010 12:00am
Voter registration begins for Palestinian local polls

Voter registration begins for Palestinian local polls

The Palestinian Central Electoral Commission began registering voters on Saturday for municipal elections in July, its president said. "We began registering voters this morning," Hanna Nasser told a news conference, adding the process would continue until
Published 07 Mar, 2010 12:00am
Obama vows to reduce number, role of nuclear weapons

Obama vows to reduce number, role of nuclear weapons

US President Barack Obama pledged on Friday to reduce both the number and the role of nuclear weapons as he recommitted himself to the abolition of the ultra-destructive arms. Obama was marking the 40th anniversary of the Nuclear Non-Proliferation Treaty
Published 07 Mar, 2010 12:00am
Obama vows to reduce number, role of nuclear weapons

Obama vows to reduce number, role of nuclear weapons

US President Barack Obama pledged on Friday to reduce both the number and the role of nuclear weapons as he recommitted himself to the abolition of the ultra-destructive arms. Obama was marking the 40th anniversary of the Nuclear Non-Proliferation Treaty
Published 07 Mar, 2010 12:00am
Biggest challenge for FBR is to determine turnover: experts

Biggest challenge for FBR is to determine turnover: experts

The biggest challenge for the Federal Board of Revenue (FBR) in smooth implementation of value-added tax (VAT) is to determine actual turnover ie, Rs 7.5 million and above, of any shopkeeper/retailer for bringing him into the VAT net from July 1, 2010.
Published 07 Mar, 2010 12:00am
Biggest challenge for FBR is to determine turnover: experts

Biggest challenge for FBR is to determine turnover: experts

The biggest challenge for the Federal Board of Revenue (FBR) in smooth implementation of value-added tax (VAT) is to determine actual turnover ie, Rs 7.5 million and above, of any shopkeeper/retailer for bringing him into the VAT net from July 1, 2010.
Published 07 Mar, 2010 12:00am
Biggest challenge for FBR is to determine turnover: experts

Biggest challenge for FBR is to determine turnover: experts

The biggest challenge for the Federal Board of Revenue (FBR) in smooth implementation of value-added tax (VAT) is to determine actual turnover ie, Rs 7.5 million and above, of any shopkeeper/retailer for bringing him into the VAT net from July 1, 2010.
Published 07 Mar, 2010 12:00am
Bill prepared keeping in view best practices: FBR chief

Bill prepared keeping in view best practices: FBR chief

Federal Board of Revenue Chairman Sohail Ahmed on Saturday said the draft Value Added Tax (VAT) bill has been prepared keeping in view best practices of VAT prevailing in the world. Speaking at a meeting of Federal B Area Association of Trade and Industry
Published 07 Mar, 2010 12:00am
Bill prepared keeping in view best practices: FBR chief

Bill prepared keeping in view best practices: FBR chief

Federal Board of Revenue Chairman Sohail Ahmed on Saturday said the draft Value Added Tax (VAT) bill has been prepared keeping in view best practices of VAT prevailing in the world. Speaking at a meeting of Federal B Area Association of Trade and Industry
Published 07 Mar, 2010 12:00am
Bill prepared keeping in view best practices: FBR chief

Bill prepared keeping in view best practices: FBR chief

Federal Board of Revenue Chairman Sohail Ahmed on Saturday said the draft Value Added Tax (VAT) bill has been prepared keeping in view best practices of VAT prevailing in the world. Speaking at a meeting of Federal B Area Association of Trade and Industry
Published 07 Mar, 2010 12:00am
Entire retail sector: uniform 15 percent VAT rate to be applied

Entire retail sector: uniform 15 percent VAT rate to be applied

The government would apply a standard VAT rate of 15 percent on the entire retail sector, abolishing multiple sales tax rates/slabs under the new value-added tax (VAT) regime from July 1, 2010. Sources told Business Recorder here on Saturday that a
Published 07 Mar, 2010 12:00am
Entire retail sector: uniform 15 percent VAT rate to be applied

Entire retail sector: uniform 15 percent VAT rate to be applied

The government would apply a standard VAT rate of 15 percent on the entire retail sector, abolishing multiple sales tax rates/slabs under the new value-added tax (VAT) regime from July 1, 2010. Sources told Business Recorder here on Saturday that a
Published 07 Mar, 2010 12:00am
Entire retail sector: uniform 15 percent VAT rate to be applied

Entire retail sector: uniform 15 percent VAT rate to be applied

The government would apply a standard VAT rate of 15 percent on the entire retail sector, abolishing multiple sales tax rates/slabs under the new value-added tax (VAT) regime from July 1, 2010. Sources told Business Recorder here on Saturday that a
Published 07 Mar, 2010 12:00am
Your rupee last month

Your rupee last month

Following currency fluctuations took place in foreign exchange rates during the last month. (February 01 to 26, 2010)

Published 07 Mar, 2010 12:00am
War on terror affected areas: FBR waives income tax on exports

War on terror affected areas: FBR waives income tax on exports

The Federal Board of Revenue (FBR) has waived income tax leviable on exports originating from the areas affected by war against terrorism. Sources in customs department told Business Recorder on Saturday that exports of the most and moderately affe
Published 07 Mar, 2010 12:00am
The Weather

The Weather

The weather report on Saturday (March 06, 2010) and the forecast for Sunday (March 07, 2010).

Published 07 Mar, 2010 12:00am
War on terror affected areas: FBR waives income tax on exports

War on terror affected areas: FBR waives income tax on exports

The Federal Board of Revenue (FBR) has waived income tax leviable on exports originating from the areas affected by war against terrorism. Sources in customs department told Business Recorder on Saturday that exports of the most and moderately affe
Published 07 Mar, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (March 06, 2010).

Published 07 Mar, 2010 12:00am
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