Taxes and duties are a major source of income for any government to run its functions. A government, which fails to put economic progress on the right track by introducing certain policies to give boost to industrial, human resource and business sectors, becomes totally dependent on taxation.
After selling the Cash Cows the only option remains [...]
IT is amazing how our government responds to certain situations. Going back a few months when the issue of restoration of Chief Justice was still in dispute, the government was discarding all possibilities of restoration of Chief Justice. Ironically, however, the government officials changed their statements after CJ’s reinstatement saying that government itself was considering [...]
As the various parameters are affecting the economy the major ones are un-stable currency value and the petroleum prices. Once the crude oil went above USD 147 per barrel the government got a plea to raise the petroleum prices in Pakistan. This also had affected CNG prices (which is totally local product) also.
All means [...]
Why the Dollar Bubble is about to Burst? IRAN HAS REALLY DONE IT…more deadlier than the nuclear.. The Voice (issue 264 -) ran an article beginning, ‘ Iran has really gone and done it now. No, they haven’t sent their first nuclear sub in to the Persian Gulf . They are about to launch [...]
A man eats two eggs each morning for breakfast. When he goes to the grocery store he pays Rs. 12 a dozen. Since a dozen eggs won’t last a week he normally buys two dozens at a time. One day while buying eggs he notices that the price has risen to Rs. 16. The next [...]
At least I don’t have no idea and my limited imagination fails to predict the ultimate price of petroleum products where it will become stable for a while.
The new bogeyman of the town, Oil and Gas Regulatory Authority (Ogra), has once again given the jolt of the year to the nation, just after a fiasco [...]
Yeah not only the mind, but everything has blown and though Asif Ali Zardari doesn’t like the count up or count down, the bad news is that the promised golden 100 days of Pakistan People’s Party government haven’t ended yet.
The prices of petroleum products have been increased again. The prices of natural gas has been [...]
As the imported bill of oil has devastated our economy, and there the rising oil prices in the world market are taking their worst toll, there is a dire and inevitable need on the part of government to take some drastic measures to address this alarming issue, lest its too late.
Though our premier Yousuf Raza [...]
The price of petrol in India have already gone through the roof. Reason?
Global oil prices are at all-time high levels (about $139 per barrel) and
the nation’s public sector oil companies can no longer sustain the heavy
subsidy on petroleum products.
So which are the nations where the price of petrol is [...]
From me they could increase the petroleum prices by 100 rupees. I don’t have even money to feed my family, and I don’t have money to take medicine for my ailing parents, so there is no question that I would need to get fueled.
They could keep fighting over who the idiot will be next Prime [...]
