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Wednesday, 17 September 2014

 

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Pak hockey team to feature in Indian hockey tournament
LAHORE, Sept 16 (APP) :Pakistan hockey team will take part in the Hero Hockey Champions Trophy-2014 to be held in Bhubaneswar, India from December 6-14.
 
PHF honours Tayyab Ikram on becoming CEO of Asian hockey
LAHORE, Sept 16 (APP) : Hockey community of Pakistan in general and the Lahorites in particular honoured their scion Tayyab Ikram on his appointment as the Chief Executive of Asian Hockey Federation (AFH) in a graceful ceremony organized by Pakistan Hockey Federation (PHF) at a local hotel here on Tuesday.
 
Asjad, Sajjad, Imran, Sattar in NBP Cup Snooker semis
KARACHI, Sept 16 (APP): Defending Champion Asjad Iqbal, Muhammad Sajjad, Imran Shahzad and Abdul Sattar advanced in the semi-finals of 6th NBP Cup National Ranking Snooker Championship after contrasting victories here at the NBP Sports Complex Billiards Hall on Tuesday.
 
Countryís premier Regional T20 Cup opens from Wednesday
KARACHI, Sept 16 (APP): Country’s premier Regional Twenty20 Cup Cricket Championship goes into action here at the National Stadium from Wednesday with four matches slated for the opening day.
 
Cheema bowls Lahore Lions to big win in CLT20
KARACHI, Sept 16 (APP): Discarded Pakistan Test paceman Aizaz Cheema snapped-up three wickets in four balls as Lahore Lions beat Sri Lankan Champion Southern Express by 55 runs in Champions League T20 Cricket Championship at Indian city of Raipur on Tuesday.
 
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Federal Budget
President congratulates PM, Govt for presenting 5th successive budget PDF Print E-mail
ISLAMABAD, Jun 1 (APP): President Asif Ali Zardari on Friday congratulated Prime Minister Syed Yusuf Raza Gilani and the government on presenting the fifth successive budget. The President said budget was an important milestone as it was another step of the PPP government to create more economic growth, provide more job opportunities and raise living standard of the people. The President said the democratic government presented a growth oriented budget despite serious constraints caused by militancy, floods and international financial crises.
 
Exports show phenomenal performance in two years PDF Print E-mail
ISLAMABAD, Jun 1 (APP): Federal Minister for Finance Friday said that Pakistan has experienced phenomenal performance in exports in the last two years. Presenting the National Budget for the year 2012-13 in the National Assembly, Shaikh said that last year, exports increased by 28%, crossing the $25 billion mark. This year, he added, in spite of global downturn, the country would be able to maintain this high level of exports.
He said the imports are likely to rise 15% this year, primarily due to higher oil prices.
 
Budget documents presented in Senate PDF Print E-mail
ISLAMABAD, June 1 (APP): Minister for Finance Dr Abdul Hafeez Shaikh Friday laid before the Senate a copy of the Finance Bill 2012, containing the annual budget statement. Amidst insistence by the opposition members for a point of order, the minister moved the motion to the Upper House seeking its recommendations, if any, to the National Assembly on the Finance Bill. Laying the annual budget statement before the Senate is a  constitutional requirement although the budget is passed by the National Assembly, which incorporates certain recommendations made by the Upper House.
 
GST rates being brought down to 16%: Hafeez Shaikh PDF Print E-mail
ISLAMABAD, Jun 1 (APP): Minister for Finance Dr. Abdul Hafeez Shaikh said on Friday that to avoid multiplicity of rates and decrease the burden on the consumers, all GST rates above 16% were being brought down to 16%. During his budget speech in the National Assembly, he said that the incumbent government had reformed the general sales tax system last year, by eliminating zero rating; reduction of the multiplicity of rates and expanding coverage to all sectors except food, health and education. “This process of reform must continue”, he said.
 
Remittances up 45% in two years PDF Print E-mail
ISLAMABAD, Jun 1 (APP): The Federal Minister for Finance, Dr. Abdul Hafeez Shaikh said Friday that remittances have increased from $9 billion in 2009-10 to over $13 billion this year, showing an increase of 45% in two years. In his budget speech, the minister said the government has taken several initiatives which helped outstanding performance of foreign remittances.
 
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