Business Ideas for Early 20s
Young, happy, rich — you can acquire the latter two things at any point in life, but you are only young once. Your twenties are a great time to begin pursuing riches and happiness. The youngest generation is ambitious and many twentysomethings see value in investing in a business rather than spending their hard-earned money on college tuition. Here are some of the top business … Continue reading Business Ideas for Early 20s
Why you should INVEST in Pakistan
In his recent visit to China, PM Imran Khan pitched five reasons why the Chinese or investors from any other country should invest in Pakistan. Before those reasons start becoming viral, among those blinded by optimism, a reality check is warranted. Khan’s first bullet point was strategic location. If history is any guide, that strategic location has given this country more headaches than benefits. In … Continue reading Why you should INVEST in Pakistan
Firdous Ashiq Awan : Government has decided not to sell national assets but offer public-private partnership to foreign investors
Special Assistant to the Prime Minister Dr. Firdous Ashiq Awan said on Saturday the government had decided not to sell national assets but offer public-private partnership to foreign investors. Talking to a group of senior columnists here at the Governor’s House, she said the government would preserve the national assets and generate revenue through public-private partnership, adding that investors would invest, pay and earn as … Continue reading Firdous Ashiq Awan : Government has decided not to sell national assets but offer public-private partnership to foreign investors
HBL and Ufone sign CNY/RMB Trade Finance Facility Agreement
Pak Telecom Mobile Limited, Ufone and HBL have signed an agreement, through which HBL has extended a bilateral Trade Finance in the Chinese Yuan (RMB/CNY) for the import of cellular network equipment through Huawei Technologies Co Ltd. The agreement is part of one of the largest RMB/CNY contracts in the history of Pakistan, between Ufone and Huawei Technologies, and it could be a breakthrough in … Continue reading HBL and Ufone sign CNY/RMB Trade Finance Facility Agreement
7 billion collected on Mobiles only!
The Senate Standing Committee on Finance, Revenue and Economic Affairs was informed on Thursday that the government has received Rs 7 billion additional tax in last six months after it imposed the Customs Duty on mobile phones for overseas Pakistanis. The Federal Board of Revenue (FBR) and other relevant government institutions during this period observed that duty imposition on imported mobile had a positive impact … Continue reading 7 billion collected on Mobiles only!
From Zero to Hero: Pakistan Bonds Evoke Egypt’s Success Tale – Bloomberg
Global investors are piling into Pakistan’s local-currency bonds like never before. Attempts at economic reforms, support from the International Monetary Fund and interest rates topping 13% make the nation’s fixed income attractive amid a surge in the world’s pool of negative-yielding debt. Small wonder foreigners bought $342 million of debt in the quarter through September, compared with virtually zero inflows in the past two years, … Continue reading From Zero to Hero: Pakistan Bonds Evoke Egypt’s Success Tale – Bloomberg
Retailers given DEC 1st Deadline by FBR
The Federal Board of Revenue (FBR) on Thursday asked the big retailers to ensure installation of its point-of-sale invoicing app into their systems by December 1 to report turnover with the tax authority on real-time basis. If the retailers fail to link their systems with the FBR, they would not be entitled to the reduced 14% sales tax, according to the FBR’s notification. The FBR, … Continue reading Retailers given DEC 1st Deadline by FBR
Licences awarded for Renewable Energy Projects
The government has awarded generation licences to two foreign firms for setting up wind and solar power plants in Sindh, National Electric Power Regulatory Authority (Nepra) documents showed. The two companies, ENI New Energy Pakistan and Burj Wind Energy, have been given the license to set up the 10 MW solar and 13.8 MW wind power plants respectively. ENI will set up the solar plant … Continue reading Licences awarded for Renewable Energy Projects
10 million in deposits? You are now on FBR radar.
Bank account holders making aggregate deposits of Rs10 million in a month are on radar of Federal Board of Revenue (FBR) for the purpose of broadening of tax base and identifying concealed incomes. Federal Board of Revenue (FBR) has said that banks are required to provide details of account holders having aggregate deposits of Rs10 million in a month. The FBR issued Income Tax Ordinance, … Continue reading 10 million in deposits? You are now on FBR radar.
Wood Kastle, Wood Hive and Imbaco Furnishers raided by FBR
The Federal board of revenue (FBR) on Thursday raided unregistered three furniture shops on G.T Road in front of DHA and seized their record to unearth alleged tax evasion. According to the details released by the intelligence arm of the FBR on Thursday, the FBR’s Intelligence & Investigation teams of Inland revenue led by Deputy Director Sarwat Malik Habib with the help of police raided … Continue reading Wood Kastle, Wood Hive and Imbaco Furnishers raided by FBR
FINPERIAL 