Tuesday, December 29th, 2020
Anjum Nisar says IMF demand unjust to pass on inefficiency, theft cost to consumers
DNA KARACHI, DEC 29 – The Pakistan’s apex chamber has rejected the government’s move of raising energy cost up to 30% before the end of this calendar year to qualify for restoration of the stalled $6 billion IMF loan program, as it has just notified the power tariff increase of 18 paisas/unit on Monday (Dec 28) under this plan. FPCCI president Mian Anjum Nisar lamented that the government has decided to hike power tariff by around 30% or Rs3.30/unit before Dec 31, 2020 in phases, leading the economy towards pointRead More
FBR official summoned for allegedly harassing taxpayer
DNA LAHORE, DEC 29 – A single bench of Lahore High Court (LHC) comprising Justice Shahid Karim has summoned Commissioner Inland Revenue on December 30th on allegations of harassing a taxpayer. The accused has also been alleged to closing down business of applicant while ignoring orders of Appellate Tribunal Inland Revenue (ATIR) to reopen business. . According to details Commissioner Inland Revenue demanded extra tax from a leading textile mill owner and unilaterally suspended his sales tax registration upon refusal hitting the business activity. The owner of the mill movedRead More
Tourism exchanges to promote Sino-Pak friendship: CTA
BEIJING, Dec. 29 (DNA): “Tourism is a good medium that can promote cultural exchanges and pass on the friendship between China and Pakistan from generation to generation,” a researcher from China Tourism Academy (CTA) said. Speaking to Gwadar Pro, Yang Jinsong, Director of the Institute of International Studies at CTA said that China-Pakistan exchanges in the tourism industry are in their infancy. Pakistan became a destination country for Chinese group tourists since 2003. In 2015, there were more than 50,000 Chinese tourists to Pakistan, which increased to more than 80,000Read More
Pak, China Media cooperation to voice Oriental civilization: Cheng Xizhong
DNA BEIJING, DEC 29 – As a bridge of communication and an important carrier to shape cognition, Pakistan, China media has unshakable responsibility and can play a very important role to consolidate their all-weather friendship. This was stated by Cheng Xizhong, visiting professor at Southwest University of Political Science, according to Gwadar Pro. As for how to give full play to the role of the media, he suggested first, we should promote media communication through civilization. From a long-term perspective and strategic level, the media of China and Pakistan shouldRead More
ICCI calls for withdrawal of professional tax notices to businesses
DNA ISLAMABAD, DEC 29 – Fatima Azim, Acting President, Islamabad Chamber of Commerce and Industry (ICCI) said that Union Council Humak has issued professional tax notices of Rs.50,000 each to some industries in Kahuta Industrial Triangle, Islamabad which has created lot of concerns in the business community and called for their urgent withdrawal to save businesses from unnecessary tax burdens. She said that due to Covid-19 pandemic, business activities were already suffering badly and in such conditions, imposing professional tax on the businesses will create additional difficulties for the economy,Read More
Pak reiterates its call for independent inquiry of killing of three innocent Kashmiris in IIOJK
DNA ISLAMABAD, DEC 29 – Pakistan reiterates its call for independent inquiry under international scrutiny into the extra-judicial killing of three innocent Kashmiri labourers in Indian Illegally Occupied Jammu and Kashmir (IIOJK). The three Kashmiri labourers were martyred by the Indian occupation forces in staged encounter in July 2020 in Shopian where they had come to work in an apple orchard. The revelations that weapons were planted on the bodies of the Kashmiri laborers martyred in Kashmir to make it look as though they were armed fighters in aRead More