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Showing posts with the label 2016

Amending the amendments proposed in Finance Act 2016 – an account of recent happenings

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Posted: 21 Jul 2016 06:01 AM PDT The recent standstill seen in the market in terms of property sale and purchase activity followed by protests held by property agents throughout the country lead to a formal meeting between Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan, Federal Board of Revenue (FBR) senior officials and representatives of Federation of Pakistan Chambers of Commerce and Industries and property dealers association held a couple of days ago. The meeting turned out to be successful, and the government has taken back its decision to valuate property through State Bank of Pakistan’s appointed valuators. Congratulations readers! With regard to how the offices concerned will now valuate the property and reduce the stark difference between Deputy Commissioner (DC) Rate and real time market value, several theories are circulating the market. Please note that the final decision is yet to be taken and a meeting will be held in this regard between Fi...

9 Reasons Why Every Foreigner Needs To Visit Pakistan

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By  Ariba  -   Apr 25, 2016 Pakistan is a country of life which is suffused with immense beauty and colors! With so much to do, and so much to see – this place will never leave anyone disappointed. A country full of laughter and smiles is all someone wishes to see when they’re travelling to a new place. Here’s why every foreigner needs to visit this beautiful land: 1. Tempting food (yes, we’ll ALWAYS start with food) wedmegood Pakistani food is the BOMB! Food that will put an end to your cravings. And, food is all that you will smell where ever you go. Pakistani cuisines are always bursting with aromatic flavors – which one would never want to stop devouring it! 2. Humble and charismatic people zameen flickr The most welcoming, humble people belong to Pakistan are known for their great hospitality. Pure at heart and always there to put a smile on your face. Their nature, and soft-spoken words will melt your heart right away! Not...

The New 2016 Chevrolet Volt Takes Charge

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January 29, 2016 The 2016 Chevrolet Volt is a 4-door, 5-passenger hatchback (Fig. 1), offered in LT and Premier models, with an electric range that has increased to 53 miles — a nearly 40 percent increase over the first-generation model. A 1.5L range-extending engine using regular unleaded fuel allows for further travel. Fig. 1 Highlights for the 2016 model include: The Regen-on-Demand™ feature the driver can use to control the vehicle’s energy regeneration with a paddle on the back of the steering wheel. Stronger body structure with more high-strength steel and a quieter ride. New braking system with improved capability. 120 V portable charging cord set boasting a simpler, compact design and more convenient storage location. Active grille shutters help balance design with efficiency. Available illuminated charge port. The Volt also features 10 air bags, a rear vision camera, and crash-avoidance items such as Lane Change Alert, Rear Cross Traffic Alert, Forwa...

Should I buy euros now or will the pound get even stronger in 2016?

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The pound hasn't been this strong against the euro since 2008. Is this as good as it gets? We ask leading thinkers in the world of finance Skiers and owners of holiday homes in Europe want to know what the future holds for the euro exchange rate   By  Richard Evans 05 Dec 2015 As thoughts turn to skiing trips or visits to holiday homes in Europe or further afield, it’s time to ask whether now is the best time to buy foreign currency. In recent years the foreign exchange markets have been very volatile, with the pound appreciating dramatically against the euro but losing some of its value against the dollar. These moves are being driven by strong forces at work in the global economy. The key global trading blocs are all at different stages of their recovery from the financial crisis. As a result, they have different plans for interest rates, and other tools of economic control such as “quantitative easing”, also known as QE or s...

World’s first floating nuclear power plant to begin operating in Russia in 2016

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In three years, Russia will have the world’s first floating nuclear power plant, capable of providing energy and heat to hard-to-get areas as well as drinking water to arid regions. The unique vessel should be operational by 2016, the general director of Russia’s biggest shipbuilders, the Baltic Plant, Aleksandr Voznesensky told reporters at the 6th International Naval Show in St. Petersburg. The Akademik Lomonosov is to become the spearhead of a series of floating nuclear power plants, which Russia plans to put into mass-production. The floating power-generating unit, aimed at providing energy to large industrial enterprises, port cities and offshore gas and oil-extracting platforms, was designed on the basis of nuclear reactors which are equipped on the icebreakers ships. The technology has proved itself for over 50 years of successful operation in extreme Arctic conditions. The floating power plant is a vessel with a displacement of 21,500 tons and a crew of 69 pe...