Inspiration Pakistan: Rashidabad

Posted on June 24, 2009
37 Comments
Total Views: 59621

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 […]

Cancelled for Now: Tax on SMS Messages?

Posted on June 22, 2009
16 Comments
Total Views: 44865

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 […]

Contradictions in Pakistan’s Monetary System

Posted on June 13, 2009
16 Comments
Total Views: 50932

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 […]

« PREVIOUS PAGENEXT PAGE »