Shaukat Tarin unveils Economic Survey todayBy Mehtab HaiderISLAMABAD: The Economic Survey for 2020-21 will be launched today by Federal Minister for Finance and Revenues Shaukat Tarin without.
China has intensified its economic engagement with Pakistan by cultivating influential political elites. But the deeper story of Chinese inroads is the diversification of ties to local stakeholders, notably in the education, media, and energy sectors.
China has intensified its economic engagement with Pakistan by cultivating influential political elites. But the deeper story of Chinese inroads is the diversification of ties to local stakeholders, notably in the education, media, and energy sectors.
Bringing shopkeepers into tax net
National
By Mehtab Haider
ISLAMABAD: The government is contemplating different options to announce a special scheme for retailers for the imposition of reduced rate of General Sales Tax (GST) in the range of 5 to 7 percent to bring millions of shopkeepers into the tax net.
The budget makers for 2021-22 have proposed different options whereby the ongoing scheme of Point of Sale (POS) would be expanded to all the major cities. The government had placed the reduced GST rate of 12 percent for POS integrated branded shopkeepers. Now the government wants to move ahead to bring the retailers at large into the tax net.
Social, living standards acrossmost provinces abysmally poor
National
Mehtab Haider
Most districts of Balochistan, Sindh, KP, southern Punjab show poor standards; surveyfinds 16pc households facing food insecurity; literacy rate for 10-year olds, above stagnantat 60pc since 2014-15
ISLAMABAD: Pakistan’s Social andLiving Standard Measurement(PSLM) survey for 2019-20 showsthat the literacy rate for 10 yearsand above remained stagnant at 60percent compared to the findingsof the same survey done in 2014-15.The results also demonstrate that14 percent of household experiencedmoderate food insecuritywhile 2 percent witnessed severefood insecurity in the country.This official survey known asPSLM was conducted countrywidewith a sample of 6,500 blocksand 19,500 households. The PSLM2019-20 survey provides assessmentof the condition of the districtswith respect to the humandevelopment dimensions like educationand health and living standards.The situation of seven districtsof erstwhile FAT