ECP secretary?s appointment could create controversy
ISLAMABAD: It is for the first time that the prime minister has appointed a new secretary of the Election Commission of Pakistan (ECP), as it is and h
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F?abad, Larkana, Lahore win in Jr Super Hockey League
KARACHI: Faisalabad, Larkana and Lahore won their matches while the match between Karachi and Sialkot ended in a draw in the Junior Super Hockey League here at the Hockey Club of Pakistan stadium.
Faisalabad defeated Islamabad 2-1. Taufiq and Hasan scored one goal each for Faislabad while Khalid made the solitary goal for Islamabad.
The match between Karachi and Sialkot proved interesting and both teams continuously attacked each other as the match ended in a draw 3-3.
For Karachi, Al-e-Imran, Zubair Ahmed and Mohammad Ali netted one goal each while Khalid, Adnan and Umair scored one goal each for Sialkot.
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Sugar mills? blackmail must end now
LAHORE
SUGAR mills have started a bluff game as they want to dispose old sugar stocks at exuberantly high rates.
The sugar cartel is try
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Lawyer booked on judge?s complaint
Karachi
On the orders of District and Sessions Judge (South) an FIR was registered by the City Courts police station against a lawyer for alleg
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US rejects allegation of stopping Zia plane crash probe
ISLAMABAD: The US Consulate in Islamabad sources have said that US was not behind scrapping of the investigation into the former president General Zia-ul-Haq?s plane crash incident.
The sources said that a US ambassador in Pakistan was killed in the incident occurred in 1988, therefore, the US will always favor getting to the actual facts.
It may be mentioned here that Zia-ul-Haq?s elder son Aijaz-ul-Haq had alleged that the US forcefully stopped the probe into the incident of plane crash. Brig. (Retd.) Imtiaz Ahmed has also blamed the US for orchestrating the plane crash.
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PM calls on Agha Shorash Kashmiri?s widow
LAHORE: Prime Minister Syed Yousuf Raza Gilani visited the residence of known writer and journalist Late Agha Shorash Kashmiri here on Sunday and met his widow Khurshida Begum.
Mashood Shorish, the son of Aga Shorish Kashmiri, was also present at the occasion.
The Prime Minister paid a rich tribute to his teacher and pioneer journalist (late) Agha Shorash Kashmiri and relived his fond memories with Begum Shorash.
The Prime Minister also met other family members of Agha Shorash on the occasion. Later, the Prime Minister left for Islamabad alongwith his family.
Meanwhile talking to Geo News later, Begum Shorish Kashmir said, ?The PM had expressed his desire to meet her, and today he called in and remembered the services of her late husband.?
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Pakistan News
Rs796 billion tax evaded in Pakistan: WB
ISLAMABAD: The World Bank (WB) has said that every Pakistani citizen evaded tax amounting to Rs 4800 in the year 2007-08, while the total tax evaded in the period stood at Rs 796 billion.
The World Bank?s Pakistan Tax Policy Report 2009 revealed this ? Tapping Tax Base for Development released on Saturday.
The report has been jointly prepared by the Federal Board of Revenue (FBR) and the Andrew Young School of Public Policy, Georgia State University.
The report said a large tax gap in the country suggested that the tax system was likely to under perform in terms of revenue, efficiency, equity and administration.
The federal tax gap in Pakistan for 2007-2008 estimated in the report is around 79 percent of the actual tax receipts.
In 2007-08, total tax revenue collection stood at Rs 1.1 trillion or 10.3 percent of the GDP.
It said there is a broader consensus that the country?s tax system under performed as it had a narrow base, with taxes being levied on a limited number of sectors, businesses and individuals.
The WB report also said it feared that when the fiscal pressure began to ease, tax reform pushback would be in full swing. ?Even modest reform proposals to curb tax exemptions and tax evasion will come under fire and the government will be subject to pressure to back down and return to business as usual,? it said.
Such meagre revenue would leave the government with little options to cover its targeted expenditure, with the result that the government would invoke unsustainable budget deficits or major cuts in spending, which in turn would make it impossible to maintain social and infrastructure sector-spending at the level required for development, the report added.
The tax policy report said structural tax policy reforms outlined could produce substantial revenue increases for the government.
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Sugar mills? blackmail must end now
LAHORE
SUGAR mills have started a bluff game as they want to dispose old sugar stocks at exuberantly high rates.
The sugar cartel is try
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Mirza?s sacking reversed in no time
ISLAMABAD: Prime Minister Syed Yousuf Raza Gilani on Saturday restored Khalid A Mirza as Chairman of the Competition Commission of Pakistan (CCP) and
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Sugar price goes up to Rs60 per kg in Peshawar
PESHAWAR: Price of sugar has went up to Rs60 per kg in Peshawar while operation against those selling sugar at higher rates continues in the city.
Official rate of sugar in Peshawar has been fixed at Rs47 per kg but it is being sold in markets at Rs60 per kg due to which citizens are facing difficulties.
Meanwhile, crackdown continues against traders selling sugar at higher rates and 17 shopkeepers were arrested yesterday while five were fined on the spot.
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