Thursday, November 26, 2020

revenue

Pakistan: Govt to slap more taxes in FY 2019-20 budget

Government of Pakistan is set to announce annual budget for the financial year 2019-20 on June 11. Well informed source told "WNObserver" that the Ministry of Finance under the advisory of Dr Hafeez Shaikh has planned to slap heavy...

Annual budget will be followed by some mini-budgets: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain said FBR should be given realistic the target for the...

Assets, Tax Amnesty Scheme meant for squeezing more revenue

Majority of the people think that tax amnesty scheme in the offing is more designed to squeeze revenue while the newly appointed expat adviser on finance has desired that the tax amnesty scheme should be people-friendly, help document the...

ExxonMobil Earns $2.4 Billion in First Quarter 2019

Report Earnings Summary First Quarter 2019 First Quarter 2018 % Fourth Quarter 2018 % (Dollars in millions, except per share data) Earnings (U.S. GAAP) 2,350 4,650 -49 6,000 -61 Earnings Per Common Share Assuming Dilution 0.55 1.09 -50 1.41 -61 Capital and Exploration Expenditures 6,890 4,867 42 7,843 -12   Exxon Mobil Corporation today announced estimated first quarter 2019 earnings of $2.4 billion, or $0.55 per share assuming...

Snapchat announces first quarter results of 2019, revenue of $ 320.4 million

Snapchat revealed that more than four million users log on to the application daily, compared to the end of 2018, as its popularity has increased thanks to the redesign of its application on Android. According to the Daily Mail website,...

Asad launches MTEF report

Pakistan's Finance Minister Asad Umar launched the Medium-Term Economic Framework (MTEF) report titled ‘Road map to Stability, Growth and Productive Employment’. The policy framework has been developed based on inputs from the Prime Minister Economic Advisory Council (EAC) and development...

Experts say Google’s hardware segment generated $ 3 billion in profits in 2018

Google is no longer a software company as people think when the hardware segment brings big profits. Most of today's technology companies produce hardware, and 'tiptoe' into software, advertising to prevent losses for hardware. But Google is different, this is a...
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Latest News

Biden appointed Linda Thomas-Greenfield as UN ambassador

US President-elect Joe Biden said that the US Secretary of State, Anthony Blinken, will work to restore US foreign...
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Mozambique and Tanzania launches joint operations against rebels

Mozambique and Tanzania would start joint operations to fight an insurgency, under an agreement that also includes the handover of about 500 suspected militants. The...

US-based Chinese opponents support Trump’s allegation of fraudulent election

Some Chinese opposition activists in the field of human rights residing in the United States, who support Donald Trump's hard-line stance towards Beijing, have...

Systems Limited Wins Forbes Asia’s Best Under A Billion Award 2020

Systems Limited – a next-generation global technology company enabling enterprises to reimagine their businesses through information technology (IT) and business process outsourcing (BPO) services...

Global tax evasion hits $ 427 billion annually

Governments around the world lose about $ 427 billion annually due to fraud and tax evasion as companies and wealthy people divert their money...