Business Archives - Page 35 of 38

Bangladesh After Independence: achievements and losses

13Dec

By Aqsa Azam1 Comment

Business

Bangladesh After Independence: achievements and losses

Bangladesh developed a lot after independence in 1971. But not all independence brought freedom. Country is struggling even after 50 years. Sheikh Mujib Ur Rehman, the freedom fighter of Bangladesh In 1947 there was a historic partition take place. In the result two independent countries came into existence. India and Pakistan, Whereas Pakistan had two sides known as East Pakistan and West Pakistan. East Pakistan now known as Bangladesh after liberating from West Pakistan. It was not an over night decision to leave something you had strived for years. Bengalis were the most active and hardworking in whole independence phase. They welcomed and loved Quaid e Azam's vision and helped him to get his goal. Right after the Partition a bit of discrimination started. Bureaucracy of Wes...

Simplified: How the Economy works and grows

23Nov

By Abdullah1 Comment

Business

Simplified: How the Economy works and grows

With difficult concepts and even more difficult terms, economy is hard to understand. However, here we will give you a basic grasp on the working of an economic machine If you are someone with a curious mind that likes to go deep into concepts, then questions about 'the economy' might have popped up in your head. With many difficult concepts and terms, the working of an economy surely is difficult to understand. The economy basically works like a machine or a system that comprises many different parts. Studying the working of economy in these individual parts makes it easier for anyone to understand. Economy and the Economic system People since prehistoric times, have been indulged in trading of valuable goods and services. With the invention of currency, barter ended a...

7Nov

By Aqsa Azam2 Comments

Business

Hajj: pillar of Islam trembling by the wave of vicious pandemic

Seven steps of purifying soul and devouring acts of love and esteem. A burden on Muslim ummah or self actualization journey towards life. Hajj the most auspicious event for Muslims is right in the corner Hajj is a annual occasion that occurs in the month of dhul hijjah which is 12th month in Islamic calendar. Millions and millions of Muslims gather from all over the world. Say their prayers and ask Allah to fulfill their wishes. This affair celebrated by all muslims and call the holy day as Eid ul Adha. This is the remembrance of the bravest act of prophet Ibrahim (A.S). He went to sacrifice his beloved son Ismail on the order of Allah Almighty. Whereas Allah accepted His oblation and swap a goat in the place of His son. After this incident this known as the holiest act for believ...

FBR to start freezing bank accounts without warning

12Oct

By Abdullah3 Comments

Business, Latest

FBR to start freezing bank accounts without warning

With FBR rules about issuing a warning to defaulters now revoked, taxmen will now be freezing bank accounts without prior warning. People including tax lawyers and business professionals objected and called it a ruling that damages ease of doing business. The Federal Board of Revenue ( FBR ), formerly known as Central Board of Revenue. A federal law enforcement agency of Pakistan that investigates tax crimes, suspicious accumulation of wealth and money-laundering ISLAMABAD, PAKISTAN - On Monday, The Federal Board of Revenue (FBR) made it legal for taxmen to freeze defaulter bank accounts without prior notice. This decision came in after the clause that demands tax officers to notify a person 24 hours before closing their account. While this revocation may bring positive changes int...

UK Court says adding Pakistan in COVID-19 red list was right

11Oct

By AbdullahNo Comments

Business

UK Court says adding Pakistan in COVID-19 red list was right

London’s high court’s judge ‘Justice Linden’ rules that “Pakistan cannot be removed from the Red List as the UK's government has a responsibility to deal with the pandemic.” In April, when the number of cases in Pakistan were exceptionally low compared to its neighboring countries. Despite the fact that Pakistan had a low number of cases. The UK's government went onto put Pakistan in the COVID-19 red list. This shocked the British Pakistanis residing in England. Thus making them take the case to the UK high court. The case lead by British Pakistani nationals in UK Court As of April 9th 2021, the Secretary of State for Health and Social Care and the government of England had put Pakistan on a red list, which means that a travel ban was imposed from England to Pakistan and v...