Friday, September 23, 2011
پاکستان میں مچھر مارنا زیادہ مشکل اور شیعہ مارنا آسان
Wednesday, September 21, 2011
With almost 50 per cent of the population, women account for less than 1 per cent of all income tax payers in Pakistan. The reason for women’s absence from income tax rolls perhaps lies in the manner women are integrated in the workforce. Women’s labour force participation rate in Pakistan is rather dismal at around 14.4 per cent. Bangladesh, on the other hand, reports a three-times higher rate than Pakistan for women’s participation in the labour force. Furthermore, women in Pakistan are often employed in low paying jobs or jobs that do not compensate monetarily. However, the above arguments fail to explain why fewer than 1 per cent income tax payers are women.
It is not that Pakistan lacks affluent women. There are several empowered, influential, and wealthy women in Pakistan such as Begum Abida Hussein (who represents the landed gentry), Sharmila Farooqi (who represents the new breed of female political mavericks), and Dr. Maleeha Lodhi (who represents the intellectual elite). Could it be true that this very visible minority of enfranchised women obscure the fact that despite their prominence they belong to a very small cohort which accounts for fewer than 1 per cent of the taxpayers in Pakistan. Or it is true that women are reluctant to file income tax in Pakistan.
Where are the women tax payers in Pakistan? | Blog | DAWN.COM
Half a dollar a day is "adequate" for an Indian villager to spend on food, education and health, the country's main planning body has said.
Critics say that the amount fixed by the Planning Commission is extremely low and aimed at "artificially" reducing the number of poor who are entitled to state benefits.
There are various estimates of the exact number of poor in India.
Officially, 37% of India's 1.21bn people live below the poverty line.
But one estimate suggests the true figure could be as high as 77%.
The Planning Commission has told India's Supreme Court that an individual income of 25 rupees (52 cents) a day would help provide for adequate "private expenditure on food, education and health" in the villages.BBC News - India: Half a dollar a day 'adequate', says panel
Friday, September 16, 2011
In the last fiscal year alone, overseas Pakistanis remitted over $11 billion, which accounts for almost 7 per cent of the national economy. On the other hand, total tax revenue generated in Pakistan accounts for 10 per cent of the GDP. Since expatriates contribute such huge sums to their motherland, it may be prudent to formalise expatriates’ role in securing Pakistan’s faltered economy.
One can propose reserved seats for expatriates in Pakistan’s Senate or the Parliament, or permanent representation in the Planning Commission or the State Bank to secure their sustained contributions to the economy. If this proposition seems farfetched, then expatriates may consider launching a development bank or a credit union to gain more control over remittances to Pakistan, which are expected to hit $14 billion next year.
Remittances pouring into Pakistan far exceed the social sector spending by the federal government. In the recent federal budget, the development expenditure is approximated at $5.2 billion, which is again much less than the $11 billion in remittances. Furthermore, remittances are an order of magnitude higher than what Pakistan receives in aid from development banks and donors for social sector spending...
Sunday, September 11, 2011
David Barkway’s remains were never recovered. The site of former World Trade Centre in New York became his entombment where he died in the North Tower on September 11, 2001.
David and I worked on the trading floor of BMO Nesbitt Burns. David was one of the traders on the fixed income derivatives desk where I served as a data analyst. For more than a year, I sat across from David with a row of computer monitors between us.
I joined Nesbitt Burns in 1995. There were four traders on the desk of which three were oddly named David. With a shy smile and a polite demeanour, David Barkway was unlike any other trader on the then Canada’s largest trading floor. Whereas most traders were self-centered egotists, David, on the other hand, was the humble, caring, gentleman type with thoughtful brown eyes partially obscured by his glasses.
On the fateful morning of September 11, 2001, David went for a meeting with a bond trading firm, Cantor Fitzgerald, whose offices were located between the 101 and 105 floors in the North Tower. Cantor Fitzgerald’s employees got stuck in the building after the plane struck at a lower floor. The firm lost 658 employees on September 11...
Wednesday, September 7, 2011
Your urban feminist sensibilities (even if you are a man) may be offended to learn that two economists from the World Bank have determined that women married in watta satta (barter) marriages face less marital discord than the rest in rural Pakistan.
Barter marriages involve the simultaneous marriage of a brother-sister pair from one family to a sister-brother pair in another family. Thus, when a man marries a woman, his wife’s brother simultaneously marries the man’s sister. The practice is common in rural Pakistan.
Barter marriages are often despised by the urbanites, who consider the practice to be a reflection of tribal customs common among illiterate and low-income households. There are numerous reported cases of women (and men) married off in watta satta exchanges against their will, and who were later subjected to domestic violence. The literature on gender equity holds a disparaging view of barter marriages and considers such unions a violation of womens’ basic human rights. How then can two leading economists from the World Bank, Ghazala Mansuri and Hanan Jacoby, conclude that the likelihood of marital discord in barter marriages is lower than in non-barter marriages? ...
Bartered in marriage: The bride exchange in rural Pakistan | Blog | DAWN.COM