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Print - 2016-05-25
Federal Ombudsman presents three reports to President

Federal Ombudsman presents three reports to President

Federal Ombudsman M. Salman Faruqui on Tuesday presented three reports on systemic issues of different agencies to President Mamnoon Hussain. Three separate committees, to study and identify maladministration and systemic failures in respect of police sta
Published 25 May, 2016 12:00am
PAC moves summary to PM for more government hospitals

PAC moves summary to PM for more government hospitals

The Public Accounts Committee (PAC) has decided to contact Prime Minister Nawaz Sharif to establish new government hospitals in federal capital to ensure public health facilities for all. The meeting of PAC was held on Tuesday to review the audit report o
Published 25 May, 2016 12:00am
Political stability critical to economic development: minister

Political stability critical to economic development: minister

Federal Minister for Planning, Development and Reform Ahsan Iqbal said on Tuesday that political stability and continuity of policy were necessary for local as well as foreign investments and economic development of the country. The Minister said this whi
Published 25 May, 2016 12:00am
KP budget on June 6

KP budget on June 6

The Government of Khyber Pakhtunkhwa will present its annual budget for the financial year 2016-17 at the Provincial Assembly of Khyber Pakhtunkhwa on June 6, 2016 at 04:00pm, says a notification issued by the Provincial Assembly Secretariat on Tuesday.
Published 25 May, 2016 12:00am
KP budget on June 6

KP budget on June 6

The Government of Khyber Pakhtunkhwa will present its annual budget for the financial year 2016-17 at the Provincial Assembly of Khyber Pakhtunkhwa on June 6, 2016 at 04:00pm, says a notification issued by the Provincial Assembly Secretariat on Tuesday.
Published 25 May, 2016 12:00am
Inefficient energy system impediment to economic growth: speakers

Inefficient energy system impediment to economic growth: speakers

Participants at a seminar on Tuesday said that Pakistan's economic growth is unsustainable if current levels of energy usage with inefficient system continues, advising the firms to reduce operating costs, minimise waste, and decrease harmful environmenta
Published 25 May, 2016 12:00am
KPOGCL, KKK university join hands

KPOGCL, KKK university join hands

Khyber Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) and Khushal Khan Khattak (KKK) University, Karak agreed to join hands for better utilisation of CPEC development opportunities for the benefit of the general masses. The decision was made at a high-l
Published 25 May, 2016 12:00am
NBP launches centralised complaint management wing

NBP launches centralised complaint management wing

President National Bank of Pakistan has launched a centralised complaint management unit to further enhance customer services and to create a robust and responsive complaint management system utilising best practices for effective and timely handling of t
Published 25 May, 2016 12:00am
Daily-wage teachers: Senate body seeks report in three weeks

Daily-wage teachers: Senate body seeks report in three weeks

Senate Standing Committee on Cabinet Secretariat on Tuesday sought a detailed summary on daily wages lecturers and junior lady teachers of the federal educational institutions in three weeks from Ministry of Capital Administration and Development Division
Published 25 May, 2016 12:00am
Community centre inaugurated in DI Khan

Community centre inaugurated in DI Khan

Efforts to empower Pakistani youth, Telenor Pakistan, the Royal Norwegian Embassy and Government of Norway have jointly inaugurated the second community centre in Dera Ismail Khan. Part of the comprehensive UNDP Youth and Social Cohesion project, the join
Published 25 May, 2016 12:00am
Import of laptops: fixation of duties, taxes to help raise ST collection

Import of laptops: fixation of duties, taxes to help raise ST collection

The fixation of duties and taxes on the import of laptops would result in major increase in sales tax collection from existing Rs 400 million to projected Rs 1.08 billion at import stage following documented and legal imported of this item from 2016-2017.
Published 25 May, 2016 12:00am
POF organises book fair

POF organises book fair

POF Administration arranged 3-day Book Fair at POF Central Library, Wah Cantt on Tuesday. Lieutenant General Omar Mahmood Hayat, Chairman POF Board inaugurated the Book Fair by cutting the ribbon. POF board members, Pattern Central Library Muhammad Asif K
Published 25 May, 2016 12:00am
OLMT project: government to file response by May 30

OLMT project: government to file response by May 30

The Punjab government is to file a response by May 30 after the Lahore High Court sought details of the former's steps to protect labours working on the Orange Line Metro Train (OLMT) project. The follow-up of the project case came up on Tuesday following
Published 25 May, 2016 12:00am
Seminar on energy standards held

Seminar on energy standards held

A seminar on energy standards and labelling regime was successfully organised by the National Energy Conservation Centre, an attached department of the Ministry of Water and Power in which officials from various departments, donor agencies and manufacture
Published 25 May, 2016 12:00am
Syed Masood Hashmi re-elected as MAP President

Syed Masood Hashmi re-elected as MAP President

Management Association of Pakistan in its 540th Executive Committee meeting held recently, elected unopposed, Syed Masood Hashmi as the President for another one year period. Syed Masood Hashmi was earlier elected unopposed as the President following the
Published 25 May, 2016 12:00am
Pakistan, Maldives agree to increase defence cooperation

Pakistan, Maldives agree to increase defence cooperation

Defense Minister Khawaja Muhammad Asif and his Maldivian counterpart Adam Shareef Umar Tuesday agreed to further increase defense cooperation between the two countries. Both the leaders discussed matters pertaining to counter terrorism and training of mil
Published 25 May, 2016 12:00am
Engro, USAID open reading programme

Engro, USAID open reading programme

An inauguration ceremony was held in CAER villages for the educational and community physical infrastructure projects by the Deputy Commissioner of Ghotki. The Engro Reading Program has been made possible through by USAID's Rs 22 million grant. The ceremo
Published 25 May, 2016 12:00am
More food outlets sealed

More food outlets sealed

The Punjab Food Authority piloting a hygiene campaign to rid outlets of dirt has tightened its noose on adulterators and fresh juice vendors by sealing off five outlets and fined several others after charging them with flouting the hygiene rules.
Published 25 May, 2016 12:00am
Budget 2016-17: LCCI urges government to avoid introducing new taxes

Budget 2016-17: LCCI urges government to avoid introducing new taxes

Lahore Chamber of Commerce and Industry (LCCI) has urged the government to avoid imposing new taxes in the federal budget and resolve the issue of withholding tax for the economic uplift of the country. LCCI President Sheikh Muhammad Arshad while talking
Published 25 May, 2016 12:00am
Budget 2016-17: LCCI urges government to avoid introducing new taxes

Budget 2016-17: LCCI urges government to avoid introducing new taxes

Lahore Chamber of Commerce and Industry (LCCI) has urged the government to avoid imposing new taxes in the federal budget and resolve the issue of withholding tax for the economic uplift of the country. LCCI President Sheikh Muhammad Arshad while talking
Published 25 May, 2016 12:00am
Political scenario cannot afford any upset: Hamza

Political scenario cannot afford any upset: Hamza

Central leader of Pakistan Muslim League-Nawaz Hamza Shahbaz MNA has said that political scenario cannot afford any upset and those doing negative politics actually want to derail democracy and development process in the country. While talking to the stud
Published 25 May, 2016 12:00am
Textile sectors express concern over FBR's proposal
Cotton

Textile sectors express concern over FBR's proposal

Chairmen of five Textile Sectors' Associations have expressed grave concern and apprehensions on the FBR proposal of hefty increase in Sales Tax and strongly demanded for "Zero-rated tax regime at 0% No payment No Refund System for the export-oriented Tex
Published 25 May, 2016 12:00am
PAT celebrates 27th Foundation Day today

PAT celebrates 27th Foundation Day today

The Pakistan Awami Tehreek will be observing its 27th Foundation Day on Wednesday, May 25, for which special arrangements and functions have been chalked out. The main function will be held in the PAT Model Town secretariat and senior leader Dr Hassan Moh
Published 25 May, 2016 12:00am
FCCI urges Punjab government to become voice of industrialists

FCCI urges Punjab government to become voice of industrialists

Punjab Government is making serious efforts to provide congenial atmosphere for local as well as foreign investment in the province, said Amena Cheema, Chief Executive Officer, Punjab Board of Investment and Trade (PBIT). She was speaking to the business
Published 25 May, 2016 12:00am
Cotton farmers advised
Cotton

Cotton farmers advised

Cotton farmers are told to rid their fields of weeds to boost the per acre yield. In an advisory released on Tuesday, a Punjab Agriculture Department spokesman advised the farmers to clean up their fields before flowering of their cotton crops and ensure
Published 25 May, 2016 12:00am
Rangeela Remembered

Rangeela Remembered

Legendary comedian and actor Rangeela was remembered as his 11th death anniversary was marked on Tuesday. Born in 1937 in Afghanistan, Rangeela began his professional career in 1957 with an Urdu film "Daata". He also showed his talent as a musician, singe
Published 25 May, 2016 12:00am
Beacon House student wins 4th prize

Beacon House student wins 4th prize

15-year-old Shahmir Khan Niazi, a student of Beacon House School System, Lahore won the fourth prize for his project- A New Spin on Renewable Energy in the Physics: Energy category at the Intel ISEF 2016 held in Phoenix, Arizona, USA this year. The Intel
Published 25 May, 2016 12:00am
Bilawal accuses PML-N government of creating artificial power crisis

Bilawal accuses PML-N government of creating artificial power crisis

Bilawal Bhutto Zardari Chairman Pakistan People's Party has accused the federal government of deliberately creating electricity crisis to victimise the people and divert their attention from the Panama Leaks and other misdeeds of the Sharif government in
Published 25 May, 2016 12:00am
SMEDA arranges business management, kitchen gardening training

SMEDA arranges business management, kitchen gardening training

Small and Medium Enterprise Development Authority (SMEDA) in collaboration with Pakistan Academy for Rural Development (PARD) organised a four-day training on business management and kitchen gardening. During the four-day training program, the participant
Published 25 May, 2016 12:00am
Ayyan Ali's name in ECL: SHC reserves verdict on contempt petition

Ayyan Ali's name in ECL: SHC reserves verdict on contempt petition

The Sindh High Court (SHC) on Tuesday reserved the verdict on a contempt application filed by Model Ayan Ali against the ministry of interior for not removing her name from Exit Control List (ECL) despite the court's order. The SHC division bench, led by
Published 25 May, 2016 12:00am
Steel industry seeks government's Support

Steel industry seeks government's Support

Pakistan Steel Melters Association has urged the government to provide complete protection to the local steel industry that is backbone of the economy and thus needs to be strengthened.
Published 25 May, 2016 12:00am
Chance of Nawaz-Zardari meeting can't be ruled out: Chandio

Chance of Nawaz-Zardari meeting can't be ruled out: Chandio

Advisor to Sindh Chief Minister on Information Moula Bux Chandio has criticised the drone strike in Balochistan and termed it an attack on the sovereignty of Pakistan, adding that powerful countries must respect the sovereignty of other countries of the w
Published 25 May, 2016 12:00am
Fazl meets Zardari in London?

Fazl meets Zardari in London?

Jamiat Ulema-e-Islam (JUI-F) Chief Maulana Fazlur Rehman Tuesday met with former President and PPP Co-Chairman Asif Ali Zardari in London and discussed prevailing political situation in the country, it is learnt. According to sources, Maulana Fazlur Rehma
Published 25 May, 2016 12:00am
CJCSC meets Turkmenistan leaders

CJCSC meets Turkmenistan leaders

Chairman Joint Chiefs of Staff Committee (CJCSC) General Rashad Mahmood, currently on official visit to Turkmenistan, Tuesday called on Deputy Minister of Defence and Chief of General Staff Lieutenant General Ismallov Ismail Allamyradovich. According to I
Published 25 May, 2016 12:00am
'Mullah Mansour exits'

'Mullah Mansour exits'

This is apropos a Business Recorder op-ed 'Mullah Mansour exits' carried by the newspaper yesterday. The writer, Rashed Rahman, has made a profound argument on the Afghan conundrum. He has concluded it by saying that "As to the Afghanistan conundru
Published 25 May, 2016 12:00am
In Iran, dividends of nuclear deal are slow to appear

In Iran, dividends of nuclear deal are slow to appear

Hopes that Iran would quickly reintegrate with world markets after its nuclear deal, bringing investment and opportunities to a young population, are turning to frustration. An opaque business environment in Iran and political uncertainty in the United St
Published 25 May, 2016 12:00am
The accountant and political dimensions of FY17 budget

The accountant and political dimensions of FY17 budget

You have got to give it to the Accountant. He has enormous energy: Frankfurt to Islamabad to Dubai to the Parliament, adding numbers all the time. He even found time to add two members to the parliamentary committee on TORs, until the hyper Shah Mahmood c
Published 25 May, 2016 12:00am
Making of a fictional balance-sheet

Making of a fictional balance-sheet

No annual budget - federal, provincial or even local - based on a population census as outdated as the one that we have been using since 2003, the year the 1998 census had expired - can be regarded as a balance-sheet of income and expenditure worth the bo
Published 25 May, 2016 12:00am
A setback for Afghan peace?

A setback for Afghan peace?

Afghan Taliban leader Mullah Mansour is believed to have been killed in a US drone strike in Balochistan. Although Pakistan is yet to confirm one of the two dead passengers in the targeted car was actually him, US Secretary of State John Kerry said on Sun
Published 25 May, 2016 12:00am
Better late than never

Better late than never

The Economic Co-ordination Committee of the Cabinet (ECC), the highest economic decision making body in the government, chaired by the Federal Finance Minister, has finally approved the extension of tax concessions under Gwadar Port Concession Agreement f
Published 25 May, 2016 12:00am
Load-shedding plan for Ramazan

Load-shedding plan for Ramazan

To provide relief to the masses during the holy month of Ramazan, the government has decided not to cut power supply to domestic consumers during Sehri, Iftar and Taraweeh timings. According to a private news channel, a plan has been finalised under which
Published 25 May, 2016 12:00am
Load-shedding plan for Ramazan

Load-shedding plan for Ramazan

To provide relief to the masses during the holy month of Ramazan, the government has decided not to cut power supply to domestic consumers during Sehri, Iftar and Taraweeh timings. According to a private news channel, a plan has been finalised under which
Published 25 May, 2016 12:00am
Load-shedding plan for Ramazan

Load-shedding plan for Ramazan

To provide relief to the masses during the holy month of Ramazan, the government has decided not to cut power supply to domestic consumers during Sehri, Iftar and Taraweeh timings. According to a private news channel, a plan has been finalised under which
Published 25 May, 2016 12:00am
10 killed in rain-related incidents

10 killed in rain-related incidents

At least 10 persons, including a minor girl, were killed in rain-related incidents in Lahore, Faisalabad and D.I Khan after heavy rain lashed parts of upper and central Punjab on early Tuesday morning. According to details, seven labourers were killed and
Published 25 May, 2016 12:00am
10 killed in rain-related incidents

10 killed in rain-related incidents

At least 10 persons, including a minor girl, were killed in rain-related incidents in Lahore, Faisalabad and D.I Khan after heavy rain lashed parts of upper and central Punjab on early Tuesday morning. According to details, seven labourers were killed and
Published 25 May, 2016 12:00am
Growing debt likely to force next government to go on IMF programme

Growing debt likely to force next government to go on IMF programme

The growing domestic and external debt may force the post-2018 election government to go on an International Monetary Fund (IMF) programme to meet the yawning financing gap in 2017-18 when repayment of loans of the Sharif administration on various account
Published 25 May, 2016 12:00am
Growing debt likely to force next government to go on IMF programme

Growing debt likely to force next government to go on IMF programme

The growing domestic and external debt may force the post-2018 election government to go on an International Monetary Fund (IMF) programme to meet the yawning financing gap in 2017-18 when repayment of loans of the Sharif administration on various account
Published 25 May, 2016 12:00am
Growing debt likely to force next government to go on IMF programme

Growing debt likely to force next government to go on IMF programme

The growing domestic and external debt may force the post-2018 election government to go on an International Monetary Fund (IMF) programme to meet the yawning financing gap in 2017-18 when repayment of loans of the Sharif administration on various account
Published 25 May, 2016 12:00am
FBR suspends two IR officers

FBR suspends two IR officers

The Federal Board of Revenue (FBR) has suspended two Intelligence Officers (BS-16) of Directorate of Intelligence & Investigation (Customs) Regional Office, Karachi, who were allegedly involved in collecting extortion from business community by impersonat
Published 25 May, 2016 12:00am
FBR suspends two IR officers

FBR suspends two IR officers

The Federal Board of Revenue (FBR) has suspended two Intelligence Officers (BS-16) of Directorate of Intelligence & Investigation (Customs) Regional Office, Karachi, who were allegedly involved in collecting extortion from business community by impersonat
Published 25 May, 2016 12:00am
FBR suspends two IR officers

FBR suspends two IR officers

The Federal Board of Revenue (FBR) has suspended two Intelligence Officers (BS-16) of Directorate of Intelligence & Investigation (Customs) Regional Office, Karachi, who were allegedly involved in collecting extortion from business community by impersonat
Published 25 May, 2016 12:00am
Czech Chief of General Staff calls on CoAS

Czech Chief of General Staff calls on CoAS

Chief of General Staff Czech Republic Armed Forces General Josef Becvar on Tuesday called on Chief of Army Staff General Raheel Sharif at General Headquarters in Rawalpindi. According to ISPR, during the meeting, matters of mutual interest including regio
Published 25 May, 2016 12:00am
Czech Chief of General Staff calls on CoAS

Czech Chief of General Staff calls on CoAS

Chief of General Staff Czech Republic Armed Forces General Josef Becvar on Tuesday called on Chief of Army Staff General Raheel Sharif at General Headquarters in Rawalpindi. According to ISPR, during the meeting, matters of mutual interest including regio
Published 25 May, 2016 12:00am
The Weather

The Weather

The weather report on Tuesday (May 24, 2016) and the forecast for Wednesday (May 25, 2016).

Published 25 May, 2016 12:00am
CPEC can also be catalyst towards regional economic integration: Aziz

CPEC can also be catalyst towards regional economic integration: Aziz

Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz on Tuesday said that China-Pakistan Economic Corridor (CPEC) can also be a catalyst for regional economic integration, which is the main objective of building a community of shared destiny. Addr
Published 25 May, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (May 24, 2016).

Published 25 May, 2016 12:00am
CPEC can also be catalyst towards regional economic integration: Aziz

CPEC can also be catalyst towards regional economic integration: Aziz

Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz on Tuesday said that China-Pakistan Economic Corridor (CPEC) can also be a catalyst for regional economic integration, which is the main objective of building a community of shared destiny. Addr
Published 25 May, 2016 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 25 May, 2016 12:00am
CPEC can also be catalyst towards regional economic integration: Aziz

CPEC can also be catalyst towards regional economic integration: Aziz

Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz on Tuesday said that China-Pakistan Economic Corridor (CPEC) can also be a catalyst for regional economic integration, which is the main objective of building a community of shared destiny. Addr
Published 25 May, 2016 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 25 May, 2016 12:00am
Clarification: NBP has no branch in Dubai

Clarification: NBP has no branch in Dubai

This is with reference to news item published/on aired in media dated May 23, 2016 with the caption "Uzair Baloch has assets worth millions in Pakistan and abroad, reveal JIT documents" under which it is claimed that his wife and two children are maintain
Published 25 May, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (May 24, 2016).

Published 25 May, 2016 12:00am
Clarification: NBP has no branch in Dubai

Clarification: NBP has no branch in Dubai

This is with reference to news item published/on aired in media dated May 23, 2016 with the caption "Uzair Baloch has assets worth millions in Pakistan and abroad, reveal JIT documents" under which it is claimed that his wife and two children are maintain
Published 25 May, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (May 24, 2016)

Published 25 May, 2016 12:00am
Clarification: NBP has no branch in Dubai

Clarification: NBP has no branch in Dubai

This is with reference to news item published/on aired in media dated May 23, 2016 with the caption "Uzair Baloch has assets worth millions in Pakistan and abroad, reveal JIT documents" under which it is claimed that his wife and two children are maintain
Published 25 May, 2016 12:00am
PTA approves Mobilink and Warid merger

PTA approves Mobilink and Warid merger

The Pakistan Telecommunication Authority (PTA) has on Tuesday approved the merger of Pakistan Mobile Communication Limited (Mobilink) and Warid Telecom (Private) Limited. This is yet another milestone in the regulatory process and follows the approval gra
Published 25 May, 2016 12:00am
PTA approves Mobilink and Warid merger

PTA approves Mobilink and Warid merger

The Pakistan Telecommunication Authority (PTA) has on Tuesday approved the merger of Pakistan Mobile Communication Limited (Mobilink) and Warid Telecom (Private) Limited. This is yet another milestone in the regulatory process and follows the approval gra
Published 25 May, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 24, 2016).

Published 25 May, 2016 12:00am
PTA approves Mobilink and Warid merger

PTA approves Mobilink and Warid merger

The Pakistan Telecommunication Authority (PTA) has on Tuesday approved the merger of Pakistan Mobile Communication Limited (Mobilink) and Warid Telecom (Private) Limited. This is yet another milestone in the regulatory process and follows the approval gra
Published 25 May, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 24, 2016).

Published 25 May, 2016 12:00am
Two cops killed in Quetta blast

Two cops killed in Quetta blast

At least two policemen killed and six injured in a remote-controlled bomb blast which hit a police patrolling van on Quetta's Spini road, on Tuesday night. The police sources said that unidentified armed men planted a remote-control bomb at a bus terminal
Published 25 May, 2016 12:00am
3600MG gas-based power projects: Shahbaz reviews pace of work

3600MG gas-based power projects: Shahbaz reviews pace of work

Punjab Chief Minister, Muhammad Shahbaz Sharif has said that work is speedily continuing on 3600 MG gas-based power projects in the province. He said that loadshedding will be overcome to a large extent with the completion of these projects. He said that
Published 25 May, 2016 12:00am
SBP revises branch licensing policy

SBP revises branch licensing policy

The State Bank of Pakistan (SBP) Tuesday announced revision in the Branch Licensing Policy (BLP) aimed at enhancing the outreach of banking facilities to the population with specific focus on rural and underserved areas. According to a circular issued to
Published 25 May, 2016 12:00am
THE RUPEE: mixed trends
Currency

THE RUPEE: mixed trends

The rupee moved both ways against the dollar on Tuesday in the process of trading, dealer said. The rupee managed to gain five paisas against the dollar for buying and selling at Rs 104.80 and Rs 104.82 respectively, dealer said.
Published 25 May, 2016 12:00am
SBP revises branch licensing policy

SBP revises branch licensing policy

The State Bank of Pakistan (SBP) Tuesday announced revision in the Branch Licensing Policy (BLP) aimed at enhancing the outreach of banking facilities to the population with specific focus on rural and underserved areas. According to a circular issued to
Published 25 May, 2016 12:00am
THE RUPEE: mixed trends
Currency

THE RUPEE: mixed trends

The rupee moved both ways against the dollar on Tuesday in the process of trading, dealer said. The rupee managed to gain five paisas against the dollar for buying and selling at Rs 104.80 and Rs 104.82 respectively, dealer said.
Published 25 May, 2016 12:00am
SBP revises branch licensing policy

SBP revises branch licensing policy

The State Bank of Pakistan (SBP) Tuesday announced revision in the Branch Licensing Policy (BLP) aimed at enhancing the outreach of banking facilities to the population with specific focus on rural and underserved areas. According to a circular issued to
Published 25 May, 2016 12:00am
Mineral water: GST may be charged on basis of printed retail price

Mineral water: GST may be charged on basis of printed retail price

The government is likely to charge sales tax on supply of mineral water, taking into account the printed retail price, in the upcoming budget (2016-17). Sources told Business Recorder here on Tuesday that the budget proposal is under consideration
Published 25 May, 2016 12:00am
Mineral water: GST may be charged on basis of printed retail price

Mineral water: GST may be charged on basis of printed retail price

The government is likely to charge sales tax on supply of mineral water, taking into account the printed retail price, in the upcoming budget (2016-17). Sources told Business Recorder here on Tuesday that the budget proposal is under consideration
Published 25 May, 2016 12:00am
Mineral water: GST may be charged on basis of printed retail price

Mineral water: GST may be charged on basis of printed retail price

The government is likely to charge sales tax on supply of mineral water, taking into account the printed retail price, in the upcoming budget (2016-17). Sources told Business Recorder here on Tuesday that the budget proposal is under consideration
Published 25 May, 2016 12:00am
Risks to financial stability have increased: ECB
Currency

Risks to financial stability have increased: ECB

The risks to financial stability in the eurozone have increased in recent months, but the single currency bloc is equipped to deal with them, the European Central Bank said on Tuesday. In its half-yearly Financial Stability Review, the ECB identified four
Published 25 May, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (May 24, 2016).

Published 25 May, 2016 12:00am
Risks to financial stability have increased: ECB
Currency

Risks to financial stability have increased: ECB

The risks to financial stability in the eurozone have increased in recent months, but the single currency bloc is equipped to deal with them, the European Central Bank said on Tuesday. In its half-yearly Financial Stability Review, the ECB identified four
Published 25 May, 2016 12:00am
Risks to financial stability have increased: ECB
Currency

Risks to financial stability have increased: ECB

The risks to financial stability in the eurozone have increased in recent months, but the single currency bloc is equipped to deal with them, the European Central Bank said on Tuesday. In its half-yearly Financial Stability Review, the ECB identified four
Published 25 May, 2016 12:00am
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