Tag: Featured

FBR, Finance

Electricity and Gas Consumers Under FBR Radar

FBR formations are directed to ensure that all industrial and commercial consumers of Electricity and Gas distribution companies are registered under and file return of income, if required. Such consumers, who have not yet filed return of income to avail extension in time. WAPDA should provide an easy way to change the name in case of inheritance, rent or purchase of property. There should be … Continue reading Electricity and Gas Consumers Under FBR Radar

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Economy, Entertainment, Finance Facts, Global, News, SBP

Governor SBP unveils commemorative coin at 550th birth anniversary of Baba Guru Nanak Sahib

Governor SBP Dr. Reza Baqir unveiled the commemorative coin of Rs.550 to mark the 550th birth anniversary of Baba Guru Nanak at State Bank of Pakistan. A delegation of Sikh Community led by Sardar Ramesh Singh Khalsa, Patron in Chief Pakistan Sikh Council & Member Prime Minister’s Taskforce for Evacuee Trust Property Board, comprising members of Pakistan Sikh Council and Baba Guru Nanak Darbar also … Continue reading Governor SBP unveils commemorative coin at 550th birth anniversary of Baba Guru Nanak Sahib

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Economy, Finance, News

In 96 Seconds Alibaba Sells Record-Breaking $1.43 Billion USD Worth of Goods

Hitting $21 billion USD in sales in a matter of hours. China’s official consumer holiday “Singles’ Day” has just hit a record-breaking high in terms of sales. Singles day (11/11), given the name due to the repeating number one — referring to being single, the day for shopping sees a wide variety of items heavily discounted from both online and offline retailers. The biggest pulls … Continue reading In 96 Seconds Alibaba Sells Record-Breaking $1.43 Billion USD Worth of Goods

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Finance, investment, News, SECP, Stocks and Analysis

SECP reforms further.

The Securities and Exchange Commission of Pakistan (SECP) has been undertaking a reform agenda to revitalize the capital market and promote expansion of investor base. It is felt that small and medium sized brokerage houses, alongside large ones, have a critical role to play in this regard.  Based on representations received from various stakeholders including small sized brokers and recommendations of the Stock Market Reforms … Continue reading SECP reforms further.

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Finance, Global, News

McDonald’s Fires CEO Steve Easterbrook Over Relationship With Employee

McDonald’s Corp. fired Chief Executive Officer Steve Easterbrook because he had a consensual relationship with an employee against company policy, losing the strategist who had pushed the world’s largest restaurant chain into delivery and online ordering. The burger company’s board voted Friday to terminate Easterbrook, 52, after investigating the relationship, according to a statement Sunday. McDonald’s policy doesn’t allow the CEO to have a relationship with … Continue reading McDonald’s Fires CEO Steve Easterbrook Over Relationship With Employee

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Finance, Global, News, Taxation

Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018

While some people have received some surprise tax bills when filing their returns, corporations continue to avoid paying tax — thanks to a cocktail of tax credits, loopholes, and exemptions. According to a report from the Institute on Taxation and Economic Policy (ITEP), Amazon (AMZN) will pay nothing in federal income taxes for the second year in a row. Thanks to the new Tax Cuts … Continue reading Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018

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