Wednesday, August 24th, 2022
raders call for simplifying present taxation system
PESHAWAR, Aug 24 (APP):Business community in Khyber Pakhtunkhwa termed the present cumbersome procedures and documentation process as the main hurdle to broadening the existing ‘tax-base’ and urged the government to simplify the taxation system. It is dire need of hour of reforming and simplifying the taxation system with the consultation of real stakeholders, says Zahiullah Shinwari, former president Sarhad Chamber of Commerce and Industry (SCCI) while responding to a question of an officer of 31st senior management course, National Institute of Management, Islamabad during a meeting here at Chamber’sRead More
81 cases of dengue in Punjab
while no loss of life was recorded.According to the Health department, a total 744 cases of the virus had been reported so farduring the current year while three people died and 117 patients are under treatment in differenthospitals of the province.The Punjab Primary and Secondary Healthcare Department reported 40 cases of dengue inRawalpindi, 28 in Lahore, two in Chakwal, one in Khanewal, two in Multan, four in Sheikhupura,one in Kasur and one case had been reported in Gujrat.Meanwhile, an anti-dengue squad under the Punjab Primary and Secondary Healthcare Department(P&SHD) hadRead More
Sharjeel Memon supervises work to plug canal breach
HYDERABAD, Aug 24 (APP):Provincial Minister for Information, Transport and Mass Transit and Focal Person Rain Emergency Sharjeel Inam Memon reached the site of the breach in Rahuki Distributary on Wednesday and immediately got it plugged. Sharjeel Memon supervised the work to plug the breach with the help of heavy machinery, irrigation staff and local people. On this occasion, Sharjeel Memon also directed the irrigation authorities to closely monitor the Rahuki and Husri Distributaries. He said that in the situation caused by the recent extraordinary rains, the protection of theRead More
MinNFS&R rejects rumors regarding transmission of LSD from cattle to humans
ISLAMABAD, Aug 24 (APP):Ministry of National Food Security and Research on Wednesday strongly rejected the rumors on social media regarding transmission of Lumpy Skin Disease (LSD) from cattle to humans. A press release issued by the Ministry said that this disease is caused by a virus which spreads through bites of mosquitoes, tse- tse flies and ticks and the disease has no public health implications because the virus that causes LSD in cattle does not affect humans. It further cleared that boiled milk and well cooked meatRead More
Asian markets drop as investors eye US Fed outlook
Hong Kong, Aug 24 (AFP/APP):Asian markets were down on Wednesday after falls in global stocks as the euro plunged against the dollar and traders await news on the next US interest rate hikes. The single currency tumbled to $0.9901 — a new 20-year low — but later clawed back losses as the greenback was hit by poor US economic data. The dollar had strengthened this week ahead of a speech Friday by US Federal Reserve chief Jerome Powell, as markets speculate that the central bank will continueRead More
Global stocks fall as investors eye US Fed outlook
London, Aug 24 (AFP/APP):Asian and European equities fell Wednesday as investors awaited news on the next US interest rate hikes. With the Jackson Hole meeting of central bankers this week, focus is on what US Federal Reserve chief Jerome Powell will say about plans to tackle high prices — with many fearing higher borrowing costs could send the world’s biggest economy into recession in its battle to rein in inflation. The euro held close to a two-decade low against the dollar, and the greenback struck a two-yearRead More

