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October 30, 2013

Challenge of wasteful passions

Article written by Mr. Zafar Hilaly, published in “THE NEWS” on 30th October 2013

James Stewart thought that he was successful if he played the part and the acting didn’t show. Well, there was precious little on view except acting during Nawaz Sharif’s Washington visit. As for the ‘acting’, that too was below par.

According to the script Obama was supposed to express his appreciation for Pakistan’s role in combating terrorism while looking Sharif in the eye. But he couldn’t bring himself to do that. He looked everyone else in the eye except Sharif, thereby prompting one wit to tweet: ‘it looks like Obama prefers to be somewhere else, with someone else’.Read More »Challenge of wasteful passions

Pakistan slides further down the list

THE NEWS report by Mehtab Haider

 Pakistan overall ranking in the World Bank’s Doing Business Report 2014 further slid towards bottom as the country failed to undertake any business regulatory reforms.

The report disclosed that the country’s ranking in terms of paying taxes stood at 166 with 47 payments per year and 577 hours per year required to pay taxes. Total tax rate of 34.7 percent is paid out of total profit earned by taxpayers.Read More »Pakistan slides further down the list