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Friday, 29 August 2014

 

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Nasir to clash with Danish in Memorial International Squash final
PESHAWAR, Aug 27 (APP): Top seeded Pakistan No. 1 Nasir Iqbal will clash with Danish Atlas in the final of the 10,000 US $ Hashim Khan Memorial Pakistan International Squash Circuit-II Championship being played here at PAF Squash Complex on Wednesday.
 
Ushna and partner breeze into QF of ITF Pro Circuit in Egypt
LAHORE, Aug 27 (APP): Pakistan’s female tennis star,Ushna Suhail paired with Yuanyi Yu of China breezed into the doubles quarter finals of the ITF Pro Circuit tournament in Sharmal Sheikh, Egypt on Wednesday.
 
Miandad wants players to just think of making runs
ISLAMABAD, Aug 27 (APP): Legendary batsman Javed Miandad want national players to understand the sheer honour of representing millions of Pakistanis in and outside the country saying stop thinking about being senior or junior and just think of making runs for the country.
 

 
PCB cancels PSL bidding process
KARACHI, Aug 26 (APP): Pakistan Cricket Board (PCB) canceled the bidding process of Pakistan Super League (PSL), it was announced on Tuesday.
 
PCB working to develop exclusive women cricket ground
ISLAMABAD, Aug 26 (APP): Pakistan Cricket Board (PCB) is working on a project to develop an exclusive women cricket ground with all modern allied facilities.
 
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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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