Tag: New

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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Economy, Finance, News, SBP

SBP Launches National Payment Systems Strategy during Visit of World Bank’s President

Dr. Reza Baqir, Governor, State Bank of Pakistan launched the National Payment Systems Strategy (NPSS) in an event held today at its headquarters in Karachi. President of the World Bank, Mr. David Robert Malpass was the Chief Guest at the event that was attended by key stakeholders including regulators, government entities, banks, telcos, Electronic Money Institutions (EMIs), Payment System Operators (PSOs) and Payment Service Providers … Continue reading SBP Launches National Payment Systems Strategy during Visit of World Bank’s President

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Global, Human Rights, Kashmir, News

Manipur declares independence from India 🇮🇳

The dissident political leaders from the Indian state of Manipur have declared independence from India and forming a government-in-exile in Britain. Addressing a press conference in London, representatives of Manipur’s King Leishemba Sanajaoba also announced formation of Manipur State Council. The Chief Minister Yamben Biren and Minister of External Affairs and Defence Narengbam Samarjit of the Manipur State Council said we believe that now is … Continue reading Manipur declares independence from India 🇮🇳

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Economy, Finance, Pakistan

Ease of doing business in Pakistan ranks up 28 places!

Biggest leap ever in ease of doing business ranking of 28 points & that too within just a year of correct economic policies. Pakistan is on the upswing & open for business .. a true treat for any investor! Ease of Doing Business Ranking & GDP Growth, 2010 EODB: Pakistan 85, China 89, Bangladesh 119, India 133 GDP Growth: Pak 1.6%, China 10.6%, Bng, 5.6%, … Continue reading Ease of doing business in Pakistan ranks up 28 places!

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News, Power

Flat tariff at Rs11.97 to the domestic and commercial consumers- Power Division

New tariff will not only give relief to masses but help government get out of capacity payment trap. In a welcoming development, the government is all set to introduce flat tariff regime for electricity consumers having ToD (Time and Day) meters at Rs11.97 per unit for four months of winter reason. It will not only give a substantial relief to masses but also help the … Continue reading Flat tariff at Rs11.97 to the domestic and commercial consumers- Power Division

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Bookeeping, Entertainment, Feels, Finance, Panama, Taxation

The Laundromat

2019 Film, NETFLIX Movie claims Nawaz Sharif resigned after the panama leaks (He was dismissed) Then again it states its based on ‘some’ real shit. Star-powered drama,“The Laundromat” is about modern systems which protect the extremely wealthy. Panama Papers, Tax avoidance and weak laws are the basic gist. 1% of the entire world population damages the other 99% to avoid law and taxes. Financial Systems … Continue reading The Laundromat

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