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Kafkaesque economic decisions


Kafkaesque economic decisions
ISLAMABAD:
With normal channels of decision-making at a standstill and the cabinet trying to show its productivity through holding longer and more frequent meetings than ever before, Pakistan’s bureaucracy has assumed a Kafkaesque quality.
The adjective Kafkaesque refers to perplexing, irrational bureaucratic practices, after the Prague-born author, Franz Kafka. His stories described individuals going through horrifying experiences caused by absurd officialdom and circular reasoning. For the past month, gas shortages have been topical news. It is unusual to be facing this situation in summer instead of the peak demand winter months.
It’s been more than 18 months since Pakistan’s pioneering LNG processing terminal operator informed the government about plans to replace its old Floating Storage and Regasification Unit (FSRU) with a larger and more technologically advanced one. ....

Czech Republic , Franz Kafka , Customs Department , International Monetary Fund , Ministry Of Commerce , Senate Standing Committee On , National Assembly , National Savings Schemes , Floating Storage , Regasification Unit , Senate Standing Committee , Finance Bill , Federal Board , United Nations , செக் குடியரசு , ஃப்ரான்ஸ் காஃப்கா , சுங்க துறை , சர்வதேச பண நிதி , அமைச்சகம் ஆஃப் வர்த்தகம் , செனட் நின்று குழு ஆன் , தேசிய சட்டசபை , தேசிய சேமிப்பு திட்டங்கள் , மிதக்கும் சேமிப்பு , செனட் நின்று குழு , நிதி ர சி து , கூட்டாட்சியின் பலகை ,

Taxing NSS income - Newspaper


While managing the domestic debt, the government has to decide how much it should borrow from banks and non-bank sources. Pakistan is currently caught in a debt trap. Making such decisions is not easy. Lots of trade-offs are made, each with an opportunity cost. This process keeps compounding the existing issues of domestic debt management and makes them even more complex for the future.
Instruments of National Savings Schemes (NSS) provide the government with a relatively easy way of non-bank borrowings. But promoting NSS is not possible without paying savers a substantially higher return than they earn on saving products of banks. Banks do not like this idea. And, they use their extraordinary clout in the financial sector to block any move that makes NSS instruments substantially more lucrative than their savings products. ....

National Savings Centres , Central Directorate Of National Savings , Instruments Of National Savings Schemes , National Savings Schemes , State Bank , Central Directorate , National Savings , Naya Pakistan Certificates , Roshan Digital Accounts , தேசிய சேமிப்பு மையங்கள் , மைய இயக்குநரகம் ஆஃப் தேசிய சேமிப்பு , தேசிய சேமிப்பு திட்டங்கள் , நிலை வங்கி , மைய இயக்குநரகம் , தேசிய சேமிப்பு , நயா பாக்கிஸ்தான் சிஇஆர்டிஐஎஃப்ஐசிஏடிஇஎஸ் , ரோஷன் டிஜிட்டல் கணக்குகள் ,

Dividend or profit retention? - Newspaper


SHOULD corporate entities that earn massive profits be forced to pay dividends to its stockholders? The question has been a subject of debate. While the boards of directors vehemently refuse to bow to such a suggestion, investors, particularly the small shareholders, clamour for a payout.
In numerous annual general meetings (AGMs), small investors are seen to group together and refuse to approve the accounts where companies do not remunerate them. They have to be pacified with “gifts and giveaways” that are as petty as a few kilos of sugar if it’s a sugar company or a shalwar-kameez suit in case of a textile company. ....

Zulqarnain Khan , National Savings Schemes , Capital Executive Director Zulqarnain Khan , Optimus Capital Management , State Bank , தேசிய சேமிப்பு திட்டங்கள் , உகந்த மூலதனம் மேலாண்மை , நிலை வங்கி ,

More tax on NSS profits

More tax on NSS profits
tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.

Shuhada Fund , National Savings Schemes , Pensioners Fund , Central Directorate For National Savings , Central Directorate , Behbood Scheme , தேசிய சேமிப்பு திட்டங்கள் , ஓய்வூதியம் பெறுவோர் நிதி , மைய இயக்குநரகம் ,