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Law Ministry allows FBR to impose health levy on tobacco products


Law Ministry allows FBR to impose health levy on tobacco products
Peshawar
May 28, 2021
PESHAWAR: The Ministry of Law and Justice has allowed the Federal Board of Revenue [FBR] to impose the health levy on tobacco products through an ordinary bill or through an ordinance before the upcoming budget.
In response to a letter of the FBR, the law ministry has said the proposed federal health levy would fall within the definition of fiscal laws for the purpose of the act.
“In the light of the restriction in the use of funds collected pursuant to the proposed law, it will not constitute a money bill,” the law ministry said in a letter to the FBR. ....

North West Frontier , Malik Imran , Ministry Of Law , Country Head Of Campaign , Ministry Of National Health Services , Federal Board , Tobacco Free Kids Malik Imran , National Health Services , வடக்கு மேற்கு எல்லை , மாலிக் இம்ரான் , அமைச்சகம் ஆஃப் சட்டம் , நாடு தலை ஆஃப் பிரச்சாரம் , அமைச்சகம் ஆஃப் தேசிய ஆரோக்கியம் சேவைகள் , கூட்டாட்சியின் பலகை , புகையிலை இலவசம் கீட்ஸ் மாலிக் இம்ரான் , தேசிய ஆரோக்கியம் சேவைகள் ,

McKinsey, opioid plaintiffs spar over MDL venue


4 Min Read
(Reuters) - Consulting firm McKinsey & Co Inc on Thursday urged the Judicial Panel on Multidistrict Litigation to create a new MDL in the Southern District of New York consolidating lawsuits by local governments accusing it of contributing to the opioid epidemic through its work advising drug manufacturers.
The logo of consulting firm McKinsey and Company is seen in Paris, France May 16, 2019. REUTERS/Charles Platiau
Several plaintiffs’ lawyers countered that claims against McKinsey should be consolidated in an existing MDL in the Northern District of Ohio where more than 3,000 lawsuits by local governments are already pending against drugmakers, distributors and pharmacies. ....

New York , United States , Brendan Pierson , Bahe Cook Cantley Nefzger , Keller Rohrback , James Bernard , Hunter Shkolnik , Dan Polster , David Ko , Elizabeth Cabraser , Louis Bograd , Napoli Shkolnik , William Nefzger , Lieff Cabraser Heimann Bernstein , Thomson Reuters Trust Principles , Endo Pharmaceuticals , Purdue Pharma , Stroock Lavan , Mckinsey Co Inc On , Judicial Panel On Multidistrict Litigation , Judicial Panel , Multidistrict Litigation , Southern District , Northern District , Motley Rice , Lieff Cabraser Heimann ,

Regulator limits marketing of wealth management products


Regulator limits marketing of wealth management products
By Jiang Xueqing |
chinadaily.com.cn |
Updated: 2021-05-28 13:33
An employee addresses queries on wealth management products from a customer at a China Minsheng Banking Corp branch in Taiyuan, capital of the Shanxi province. [Photo/Xinhua]
China issued new rules to strengthen the regulation of institutional sellers of wealth management products, requiring relevant financial institutions to take responsibilities for WMP sales and management, and shatter the assumption that risky investments carry implicit guarantees from the government and banks.
Without permission from financial regulators, non-financial institutions and individuals are not allowed to sell WMPs as agents, according to the interim measures for the administration of sales and management of wealth management companies WMPs, announced by the China Banking and Insurance Regulatory Commission on Thursday. ....

Insurance Regulatory Commission On , China Minsheng Banking Corp , China Banking , Insurance Regulatory Commission , காப்பீடு ஒழுங்குமுறை தரகு ஆன் , சீனா வங்கி , காப்பீடு ஒழுங்குமுறை தரகு ,