Larry Tesler, the computing pioneer behind cut, copy and paste, has died at the age of 74. The IT whizz was born in the Bronx, New York, in 1945, and later studied computer science at Stanford University in California. Tesler’s prime focus was always human-computer interaction (aka user interface design), putting his skill-set to work at the likes of Amazon, Apple, Yahoo, and the Xerox … Continue reading Underrated Hero Dies at 74, he invented cut,copy and paste.
“Net sales” and “gross profit” are similar–but not identical–concepts in business economics. Like the similar phrases “gross profit margin” and “net profit,” both of which can easily become confused with either of the other two, they’re different ways of measuring the influx of money into a company. Identifying the separate values allows business accountants to pinpoint what’s working and what isn’t with the structure and … Continue reading Difference between Net Sales and Gross Profit?
A press briefing was conducted by Chief Executive and Managing Director (CE&MD) Fauji Fertilizer Company (FFC) Lt Gen Tariq Khan HI(M), (Retd) aimed to apprise media and general public about misperceptions on reduction of Gas Infrastructure Development Cess (GIDC) issue and also explain facts and figures to quell negative image being associated with FFC.However, ratification of ECC’s recommendation by Federal Cabinet and the Government’s notification … Continue reading FFC welcomes Govt decision to reduce GIDC prices by 400 Rs
Announcement of BankHoliday on January 1, 2020. Continue reading State Bank announces Bank Holiday on 1st January
Attention General Public: Sale, purchase and transfer of foreign currency through Hawala or Hundi operators is illegal. – State bank of Pakistan Continue reading State bank of Pakistan warns Public
Trump goes after Thunberg after “Person of the Year” win: “So ridiculous. Greta must work on her Anger Management problem” Continue reading Trump bullying Greta on twitter. Response epic
Governor SBP, Dr. Reza Baqir, welcomed Moody’s change in outlook on Pakistan from negative to stable. He noted that this positive development reflects the recognition of tough decisions taken by the economic policymakers over recent months including the step devaluations of the exchange rate that culminated in the change in the exchange rate regime to a market based system since May 2019. These steps have … Continue reading Governor SBP welcomes change in Moody’s Outlook and recent market developments
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
Rising exports & investment, declining current account deficit, improved fiscal prospects through better tax & non tax collection, market rally, EOBD ranking going up; indicates that Govt reforms are producing positive outcomes to provide relief to public. Moody’s upgrades Pakistan’s outlook to B3 ‘Stable’ from ‘Negative’. The upgradation of outlook to Stable is affirmation of Government’s success in stabilising the country’s economy and laying a … Continue reading Pakistan Economy Stabilises
FBR reiterates that every person owning a car above 1000 cc and a house measuring 500 sq. yards or above is mandatorily required to file return of income irrespective of having any taxable income during the year. Penal actions will be taken against delinquents. Avail extension. Continue reading FBR WARNS NON FILERS