02082016Mon
Last update: Mon, 08 Feb 2016 01pm

Business & Economy

Pakistan - Business & Economy

Oranges demand swells manifold in winters ISLAMABAD: Carrying a number of health benefits and nutritional values, oranges are steadily becoming high in demand these days when winter is getting to its peak.Explaining benefits, nutrionist Dr Abid Hussain said "Sweet, juicy oranges make a delicious and healthy snack or addition to a meal."He said "A whole orange contains only about 85 calories and has no fat, cholesterol or sodium. Of course, oranges are well known for their vitamin C content."He said "Oranges may boost immune system and improve pigmentation on the skin, they also aid heart health, cholesterol levels and other issues. Oranges may additionally help reduce the risk of respiratory diseases, certain cancers, rheumatoid arthritis, ulcers and kidney stones."He said "Orange juice is also packed with nutrients but does not contain the fiber of a whole orange. Orange pith, the white substance between the peel and the flesh, is high in fibre. Furthermore, it is easy ...

Pakistan - Business & Economy

HCCI hails tax amnesty scheme of PML-N government HYDERABAD: Hyderabad Chamber of Commerce and Industry (HCCI) Thursday termed the four-year tax amnesty scheme announced by PML-N led government for traders a good move as it would help broaden the tax net and improve revenue collection. One of the main reasons of tax evasion in the country was a complicated system which discouraged many potential taxpayers from coming into the net, HCCI Senior Member, Qayoom Nusrat said while talking to APP on Thursday. The ...

Pakistan - Business & Economy

FBR realizes Rs1400bn revenue till Jan 5 ISLAMABAD: The Federal Board of Revenue (FBR) has realized Rs. 1400 billion revenue upto January 5 of current fiscal year against the collections of Rs.1115 billion taxes as compared to same period of last fiscal, showing a growth of 19 percent, a senior official of the board said.Member Strategic Planning Reforms and Statistics (SPR&S) and Spokesman of the FBR, Dr. Muhammad Iqbal told APP here Wednesday that the FBR had performed well in tax collection ...

Pakistan - Business & Economy

Pakistan Stock Exchange to be launched on Jan 11 ISLAMABAD: The launching ceremony of Pakistan Stock Exchange would be held on January 11.This was informed in a meeting chaired by Minister for Finance Ishaq Dar held here on Monday evening.Chairman Security Exchange Commission of Pakistan (SECP), Zafar ul Haq Hijazi apprised him about the arrangements made for launching ceremony of Pakistan Stock Exchange Limited.The minister said that launch of the Pakistan Stock Exchange Limited marks the achievement of a significant milestone.He said that with ...

Pakistan - Business & Economy

Sugarcane rate fixed at Rs 172 per maund in Sindh KARACHI: Sindh government has fixed Rs 172 per maund (40 kg) as the minimum rate for sugarcane grown in the province.According to a handout issued here on Sunday the rate has been decided after taking into confidence all stakeholder including the sugarcane cultivators and the sugar mill owners.Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Business & Economy

'Businessmen ready to play role in strengthening national economy' SIALKOT: President Sialkot Chamber of Commerce and Industry (SCCI) Maj (R) Mansoor Ahmed Sunday said that special attention had been focused on enhancing export volume to strengthen national economy. Talking to APP, he said that strengthening of national economy was imperative at this juncture and the business community of Sialkot was ready to play its vibrant role with missionary zeal in this regard. "In order to create awareness among the local business community about fast ...

Pakistan - Business & Economy

Amnesty scheme to broaden tax net: ICCI ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has termed the four-year Tax Amnesty Scheme announced by the Prime Minister for traders a good move as it would help broaden the tax net and improve the tax revenue.In a statement, ICCI President Atif Ikram Sheikh, Senior Vice President Sheikh Pervez Ahmed and Vice President Sheikh Abdul Waheed, Islamabad Chamber of Commerce and Industry said that one of the main reasons of tax evasion in ...