Reading Time: 2 minutes The exit control list issue is in papers nowadays and it has created some controversy as to who is authorized to make a decision about it. But the ECL Ordinance clearly explains it. The Exit From Pakistan Control Ordinance 1981 indicates that only the federal government can make an order regarding ECL and the procedure … Read moreECL Ordinance: Only The Government Can Decide About
Reading Time: 2 minutes FBR issued special instructions for property dealers and jewelers. These are the draft amendments and open for the public. Subject to cabinet approval, these will become law. There are two basic requirements for real estate agents and jewelers (called designated persons in the draft) to fulfill. To maintain records of their customers To report any … Read moreProperty Dealers and Jewelers: FBR’s Special Instructions
Reading Time: < 1 minute The top officials of FBR are opposing tax reforms, and they have no genuine reason for that. Prime Minister Khan approved the reforms plan in October, which will set a base for the restructuring of FBR. A new authority Pakistan Revenue Authority (PRA) will come into effect by June 2020. The significant change in the … Read moreTax Reforms: Why FBR Officials Are Opposing It?
Reading Time: 2 minutes Today, we will see how to select a perfect Pakistan cricket team and to end the rift between the players. You know, Pakistan Cricket Board sacked captain Sarfraz Ahmed from all three formats citing his poor performance. Meanwhile, Misbah ul Haq who was under fire for including Ahmad Shehzad and Umar Akmal in T20’s against … Read moreRift Between Players: How To Select A Perfect Cricket Team
Reading Time: 2 minutes Are we moving towards economic stability? Well, the signs of improvement are showing up amid high inflation and unemployment rates. But we will cover it with a different angle today. So let’s start. Positive Signs Stable Exchange Rate Pak Rupee devalued considerably earlier this year. From Rs.120 for a dollar, it plunged to Rs.160 in … Read moreEconomic Stability: Are We Moving Towards It?
Reading Time: 3 minutes What did I expect from Prime Minister Imran Khan for political stability and economic growth? I will describe briefly. Bear with me. A background of khan’s potential, the legend who won the cricket world cup for Pakistan. He then bent on to build Pakistan’s first cancer hospital. As said, in the conference of 19 doctors, … Read moreEconomic Growth: What I Expected From PM Khan
Reading Time: 3 minutes If you ask, is there a legal way to launder money out of Pakistan? I will say yes, That will be under the umbrella of the economic reforms act of 1992. Chairman FBR, Mr. Shabbar Zaidi, recently admitted the state’s inability to retrieve the money laundered out of Pakistan, the first official admission regarding the … Read moreEconomic Reforms Act: A Legal Way Of Money Laundering
Reading Time: 2 minutes FBR issued a general order to clarify the CNIC condition, but in fact, it created more confusion. The condition of CNIC was introduced in the finance act 2019, which requires the registered sellers to take CNIC of their buyers and then print it on the invoices. And, for a fake id, the seller is exempted … Read moreCNIC Condition And The Struggling Economy
Reading Time: 2 minutes Prime Minister Imran Khan highlighted the western role in money laundering in his address at United Nation’s general assembly. The speech was well-crafted regarding the issue of Kashmir, Islamophobia, and the respect of Prophet Muhammad (SAW). However, people undervalued part of his address in which he questioned the negligence of the western world in the … Read moreWestern Role In Money Laundering: Khan’s UN Address