Tag: Proposes

France proposes G20 meeting on nuclear safety standards

TOKYO - French President Nicolas Sarkozy on Thursday proposed a meeting of G20 nuclear industry officials in May to start hammering out new global safety standards in the wake of the power plant disaster in Japan.
Japan's battle to avert a catastrophic meltdown of fuel rods at the earthquake-wrecked facility north of Tokyo has triggered alarm and safety reviews in nuclear-powered countries around the world. Sarkozy, the first foreign leader to visit Japan since the March 11

PSMA proposes fixed assessable value system

LAHORE - Pakistan Sugar Mills Association (PSMA) Chairman Javed Kayani has written a letter to the FBR chairman, proposing a fix assessable value, at a uniform rate of Rs 55 per kg, for sales tax collection. He said that this system of fixed assessable value was introduced in April 1998. However, under the recently promulgated presidential ordinance, calculation of sales tax is to be made on the floating ex-mill rate and incidence of sales tax would continue to increase. Kayani

President proposes Deedar Shah as NAB head

ISLAMABAD - President Asif Ali Zardari has proposed to reappoint Justice (r) Deedar Hussain Shah as National Accountability Bureau chairman and sought the opinion of the prime minister as Leader of the House and the Opposition Leader in the National Assembly Chaudhry Nisar Ali Khan, through two separate letters as part of the consultative process mandatory for such appointment.
Spokesman to the President Farhatullah Babar said Nisar's opinion has been sought through a letter

FBR proposes plan to generate Rs 25b revenue

ISLAMABAD - The Federal Board of Revenue (FBR) Chairman Salman Siddique on Wednesday said the FBR had proposed a revenue generation plan of Rs 25 billion that included 15 percent flood surcharge on withholding and advance taxes and increasing 1.5 percent Special Excise Duty.
At a presentation to the Senate's Standing Committee on Finance and Revenue on revenue shortfall for the fiscal year 2010-11, Siddique said the proposed revenue measures would be brought through legislation

PM Fayyad proposes unity govt with Hamas

RAMALLAH - Palestinian prime minister Salam Fayyad has proposed forming a unity government with Hamas, under which the Islamist group would have responsibility for security in Gaza. Speaking to Palestinian journalists late on Monday, Fayyad said the "security concept" applied by Hamas in Gaza, where the group has sought to enforce a ceasefire with Israel, could provide common ground.
"The security concept practised by Hamas in the Gaza Strip should be brought under an official

FBR proposes new taxation measures

ISLAMABAD - Federal Board of Revenue (FBR) Inland Revenue Member Khawar Khurshid Butt, on Friday, said that FBR has proposed new taxation measures to meet the revised revenue collection target of Rs 1630 billion for 2010-2011. Addressing a media briefing at the Large Taxpayer Unit (LTU), FBR IR member expressed dissatisfaction over the existing automation processes, saying that matching of data was not being carried out effectively.
Responding to various queries on revenue

Obama proposes $3.1 billion in 2012 budget to spend on Pakistan

WASHINGTON - The Obama administration has proposed to Congress a total of $3.1 billion in the 2012 budget for US economic and security assistance and diplomatic operations in Pakistan, according to a senior US official.
The administration's spending for Pakistan was divided into two parts, the "enduring core part" - meaning long-term assistance programmes, and the overseas contingency operations (OCO), an administration official said at a briefing on President Barack Obama's

Can’t fund it anymore – Finance Division proposes privatisation of Railways

ISLAMABAD: To put the Pakistan Railways on the right track, the federal finance secretary on Friday proposed the government to privatise the organisation, saying the move would cure all its financial and administrative woes.
Finance Secretary Salman Siddique proposed the privatisation of Pakistan Railways due to the government's financial constraints as well as Pakistan Railways' poor performance for the last several years. He said the Finance Division was unable to provide more

WAR proposes new medico-legal services for effective litigation

LAHORE: Medico-legal reforms are integral for effective litigation process for rape victims, War Against Rape (WAR) Director Sarah Zaman said on Thursday.
Addressing a workshop and presentation on medico-legal services in Karachi and Lahore, Zaman made some suggestions to improve their performances. In 2009, the Human Rights Commission of Pakistan (HRCP) estimated that around 60 percent of crimes against women translated into rape, while non-governmental organisation Sahil's data