Please Do Not Pay Taxes.

And do one more thing, do not complain about Pakistan not progressing either. It is so ironic that the moment you speak about income taxes, everybody starts to speak about indirect taxes. Without researching without knowing a thing about how countries progress and how other countries have their tax structures. We love to give examples[...]
Read More

Why Is Rupee Fluctuating Against The Dollar?

A better question that should be asked before asking “ Why is rupee fluctuating ?” is, Why do currencies fluctuate ? Day in day out, around the world, 195 countries, exactly 180 currencies, life goes on 24 hours a day so does the fluctuations in the respective 180 currencies. You only hear about a few[...]
Read More

Can PTI Handle This Financial Mess?

PTI government has to pay back $37 billion in the next 5 years for the loans taken before June 2018. Yes you read it right. For the loans taken before June 2018. That is a whopping figure. That is more than we will earn. That is 8 times more than the net reserves of The[...]
Read More

Why Tax Amnesty Schemes Fail In Countries Like Pakistan ?

There are three reasons for any Tax Amnesty scheme in the world. Financial, Political and Technical. Financial is very obvious to all. Whenever a country is going through a crisis, it becomes necessary to collect taxes. In a severe time of crisis, government considers any amount of collection a blessing. Tax Amnesties during the times[...]
Read More

Is This Stock Market Close To Recovering ?

MINDSET IN THE MARKETS: When the market is in a Bull run, you have pundits coming out of every nook and corner and giving their technical calls, fundamental analysis, 24 month outlook, target prices that defy gravity and logic and the same pundits, if the market changes the direction, become so pessimistic and create such[...]
Read More

Economy Is Like Culinary Art.

A friend of mine in Karachi, whose son is just 14 years old and loves to cook, or is learning to love to cook rather, asked me about the economy of Pakistan. I tried explaining everything to him as simply as I can but I failed to attract his understanding completely until I gave an[...]
Read More

All well now or Pakistan will be another “Argentinian Paradox”?

The greatest economy in the world according to most financial experts is The United States Of America. Yet it has seen 13 recessions since 1929. It has seen an unemployment rate as high as 24.6% during one of those recessions. It has seen 9800 banks declare bankruptcy between 1929 and 1934. Yes, 9800. That was not[...]
Read More

This “STARTUP” Culture Will Kill Pakistan’s Reputation Soon

Disclaimer :This article appeared in KHALEEJ Magazine in 2017 written by MirMak . Conferences, incubation centers, award ceremonies, university sponsorship, 10.8 billion speakers in Pakistan each claiming to know entrepreneurship better than Steve Jobs, funding seminars with zero VC’s, you name it and it has been going on but 98% of Pakistani startups have only done[...]
Read More

The Pakistani Startup Bubble ?

Today at the event where Salim Ghauriwas speaking and we were all listening to his great journey, a young man during the question answer session asked, Is the Pakistani startup bubble about to burst ? And that sent shivers through my spine, not because of the word bubble but because of the lack of understanding of people[...]
Read More

Categories