You can look at it which way you want all of it is mumbo jumbo pseudo-science. As I have said PSX is not a good reflection of the economy because it precisely does not reflect (the collective) human or business behavior. There was a new piece on the government creating a PSX support fund. This...
For that you need well functioning markets. PSX is not even close to functioning. The free float of companies is so low that forget small investors even mutual funds do not have a say in company management. Also the market cannot stand short-selling because the index will climb down even faster...
how did he do that? BTW it was Musharaf who allowed the SBP to forgive loans owed by politicians to banks. It is not the SBP mandate to do such a thing and was done only at his behest. So much for independence. How did he forgive them? by borrowing which means that he counted on you to pay for...
Used to have a big gulmohar tree outside the house until KESC guys chopped it down. She was tough and it took awhile. Still remember the day.....felt as if it was being murdered. Everyone had a heavy heart.
lol TCC is not a giant it is a shell company backed by Barrick Gold and Antofagasta. They have covered there bases if the case was opposite TCC would simply vanish and there would be no payment.
Rupees do not matter (printed by GoP)....the fees is in dollar (we do not print) that the GoP pays...
sirf galay parhe hai….nigalne ki der hai aur waqt key saat hazam bhi hojaye gee. Magar koi inki dukaaney nahi jalaye ga....na inko factoriyoun mein band ker kay aag lagaye ga.
I have talked on this matter a lot.....and I have said this earlier too....TCC (in reality Anto & Barrick) does not want to leave and they want a negotiated settlement. They have been persistent in this demand. They have gotten peanuts in damages against what the mine will give. It is up to the...
You are factually incorrect and are as vindictive as you are claiming the ex CJoP to be. As far as it has been mentioned no investment had been made to develop the mine. Only exploration and "preparation of a bankable Feasibility Study". That is 6.67% of the what they claim they would have...
The CJoP did nothing wrong. The contract was not awarded by an elected government rather done dubiously through a caretaker government. There was nothing in this for Pakistan. The ore would have been mined and shipped outside without purification. This should be a lesson for Pakistan to mend its...
All business entities are registered they can be be private, public(listed or non listed). Banks will not deal with small traders and at best they will get financing from micro-finance banks so in order to get bank financing LCs, individuals are forced to become registered entities. Weaker...
That is not how it works because what classifies as an expense for a business entity or an individual for tax purposes differs.
Moreover you have failed to understand the point here. Wherever a cash transaction takes place at least there is a CNIC to track whatever amount is being purchased and...
What kind of a nonsensical question is that? The issue here is with traders (wholesalers and retailers). These are unregistered "businesses" which are not in the tax net. The article makes a distinction for industrialists which form corporations and business entities, which are registered and...
This is nothing.....PTI government tried to reduce the guaranteed returns offered to the power plants set under Nawaz Sharif government (because they were too high)....guess what? the government has no power to do so in fact only the investors themselves have the power to seek renegotiation and...
Sure you can get your electricity tariff comparison but it has to be including the mountain of accumulating circular debt. After all that is due to the electricity consumed. So tell me where does India's circular debt figures stand?
his brain droppings are everywhere.....I don't get what he is trying to achieve and now he is banned. Surely he knows when Nawaz wanted to get his company records manipulated he used his planted pituhoo zafar hijaz (SECP chairman at that time)https://www.dawn.com/news/1366593...
Audit firms are private firms that provide their services to companies. It is the job of the SECP to regulate the companies i.e. set standards as well as see if the standards are being maintained (as they have to register with the SECP) not the audit firms. What part of this is odd?