Tag Archives: economic

  All income irrespective of source should be taxed Pakistan Business Council (PBC) views tax policy as a primary tool for the promotion of industrialization, economic growth and for more equitable distribution of the tax burden. PBC strongly advocates that taxation needs to be based on the principle of “All income irrespective of source should be taxed.” The fiscal space that the government is looking for to implement its ambitious …

  Growing inequalities necessitate departure of economic activities from concept of fast growth of GDP to creating happiness for all. Renowned economists ranging from Adam Smith to J. M. Keynes of 19th and 20th centuries and those living in 21st century have no doubt emphasis on economic welfare of the masses, but theories propounded by them are based on assumption like free market economy, free trade aiming for creating trade …

  Oil prices are always debatable and remain an important variable in determining the economic activity of any country. Over the past few months, the price of oil has declined by greater than 30 percent and is hovering almost the $55 to 60 mark for a barrel. More significant breakthrough recorded in the oil industry which after two years ago, global oil prices crashed after the world started pumping out …

  The shortfall of electricity had surpassed 7,000 MW. The power generating capacity has badly affected the process of economic growth, as well as millions of households in the country facing continuous hardship. The Central Asia-South Asia (CASA-1000) project is a significant step in building a functioning, efficient electricity system across Central Asia and South Asia. The export of electricity by Central Asian states to Afghanistan and Pakistan would generate …

  The role of stock exchange market is to raise long-term funds for corporation (primary market) while providing the trading platform for the trading securities (secondary market). Stock exchange markets encourage investment through provision of a lot of resources. This enables the cooperation to attain a lot of funds for their business expansion. Primary market carries the initial offerings of the stocks and bonds to investors by definition. The secondary …

  With the incorporation of Exchange Companies the misinterpretations regarding their activities have been wiped out. In order to regularize and have smooth money exchange business in Pakistan, State Bank of Pakistan has incorporated Exchange Companies (the then Money Changers) through FE Circular No. 9 dated July 1, 2002. The real force behind Exchange Companies formation in Pakistan was the post 9/11 world economic and political situation, when the inward …

  In Pakistan microfinance sector depends upon external consultants and their strategic sights for economic development. These consultants are being hired to obtain utmost coherence with strategic ways and their alliance with output. Consultants are accountable for initializing business ideas for microfinance sector. The business ideas are best in function and offer principles how to start from day one till end of business. This sector in the country is keen …