Owais Mughal When Pakistanis make up their mind to work for the betterment of society then there is no limit to what we can achieve. This is not just a patriotic statement that I came up with. Examples of such benevolence and welfare projects are all around us. As part of our ‘Inspiration Pakistan’ series […]
Babar Bhatti After many years of growth and foreign investment, Pakistan’s telecom industry has become one of the major contributors to Pakistan’s economy. Telecom industry pays taxes to the government in the form of GST/CED, Activation tax (Rs. 500 per activation), withholding tax (CBR collects withholding tax on prepaid calling cards), regulatory fee and Universal […]
Kathay Kalame Here are a few facts relating to central bank anchored fractional reserve banking system prevailing in Pakistan. It ( Central bank + private banks ) has a monopoly over the issuance of money, i.e. money supply. Even though money supply is measured as currency and deposits in the banking system, new money is […]