Facilitation & Taxpayer Education (FATE) Wing

FEDERAL BOARD OF REVENUE

*******

 

 

FOR IMMEDIATE RELEASE

 

                                                                                                           Islamabad: March 30, 2011  

 

PRESS RELEASE

 

Maximum limit of depreciation enhanced for import of used cars

 

Federal Board of Revenue (FBR) has enhanced the maximum limit of the depreciation from the existing 50 per cent to 60 per cent on the import of old, used and second-hand cars, says a press release issued Wednesday.

The decision has been taken in line with a similar decision taken by the Economic Coordination Committee (ECC) of the Cabinet in its meeting held on 01.03.2011 when the apex body while considering the summary regarding "Rationalizing the Prices of Locally Manufactured Cars" decided to enhance the maximum limit of the depreciation to 60 per cent on the import of cars.

In order to implement the FCC's decision, the Revenue Division, Federal Board of Revenue issued Customs Notification No. SRO 275(1)/2011 dated 26th June, 2011 amending the parent notification No. SRO 577(1)/2005 dated 6th June, 2005. Customs General Order No. 02/2011 dated 26th June, 2011 has also been issued to modify Customs General Order No 14/2005, dated 6th June, 2005. Accordingly, the maximum limit of the depreciation has been enhanced to 60% from existing 50% on the import of old, used and second hand cars.

 

           For further queries, contact

            Hamid Raza Wattoo

               Secretary (PR), FATE Wing, FBR

                Ph:  051-9208407

                Fax: 051-9207172

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It is a common platform for journalists and all others who are interested in knowing about the issues that are sometimes not reported. This group favours philosophy of progress, reform and the protection of civil liberties. Please share and educate others. The owners and managers of this site do not necessarily agree with any of the information. It is an open forum; everyone is allowed to share anything. Mails sent by members and non-members are subject to approval. However, we are not responsible in any way for the contents of mails / opinion sent by members. We do not guarantee that the information will be completely accurate. (Nor can print and electronic media). If you find content on this site which you feel is inappropriate or inaccurate, incomplete, or useless you are most welcome to report it or contradict it.
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US: Bull in the China Shop

Posted on 29. Mar, 2011 by Asif H Raja.

0

By Brig Asif Haroon Raja:
China poses greatest threat to US imperialism but the US neither has the will nor the heart to confront it militarily. It however suffers from enduring craze to assert its global monopoly by terrorizing and pulverizing militarily weak and economically impoverished Muslim states like a bull in the China shop.

Continue Reading

The Spirit of Pakistan Resolution

Posted on 29. Mar, 2011 by Dr Raja M Khan.

0

By Dr Raja M Khan:
23rd March 2011, reminds us the contributions of our ancestors, who scarified their comfort for our magnificent future and struggled to attain Pakistan for us. Today, after the 71 years of the passage of the historical resolution, and 64 years after the independence, we need to reassess ourselves, as a nation

Continue Reading

UNCOMFORTABLE TRUTHS IN PALESTINE

Posted on 29. Mar, 2011 by Alan Sabrosky.

1

INDICTMENT AND CONUNDRUM By Dr. Alan Sabrosky Far too often, what is not said, or cannot be said, publicly is more significant than the platitudes bandied about by assorted political leaders and pundits. Nowhere is this more apparent than in the ongoing Palestinian-Israeli matrix of death and disinformation. President Obama in particular acts as if [...]



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Please note that,
It is a common platform for journalists and all others who are interested in knowing about the issues that are sometimes not reported. This group favours philosophy of progress, reform and the protection of civil liberties. Please share and educate others. The owners and managers of this site do not necessarily agree with any of the information. It is an open forum; everyone is allowed to share anything. Mails sent by members and non-members are subject to approval. However, we are not responsible in any way for the contents of mails / opinion sent by members. We do not guarantee that the information will be completely accurate. (Nor can print and electronic media). If you find content on this site which you feel is inappropriate or inaccurate, incomplete, or useless you are most welcome to report it or contradict it.
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اللہ کی راہ میں لڑنے والے ان مجاھد بھائیوں کو اپنی صالح دعاؤں میں ضرور یاد رکھیں۔۔۔

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By Jamal Badawi
Muslim Intellectual — Canada

Thursday, 07 December 2006 00:00
The advent of Prophet Muhammad is mentioned more than once in the Hindu scriptures.
Hindu scriptures are divided into three basic categories: Vedas, Upanishads and Puranas. There are differences about the age of those scriptures; some people believe that they go back almost 4,000 years.

One of the amazing prophecies in these Hindu scriptures is the one on the tongue of Maharshi Vyasa, a Hindu saint, that states that the land of Arabs will be corrupted by the evil doers — maybe a reference to the pre-Islamic pagans; and that Mahamad — a slight adulteration of the name Muhammad — will come and guide those who went astray. He will be circumcised, bearded, eloquent; he will create a great revolution; he will announce the call for prayers; he will eat of the meat of lawful animals but not of the swine; and he will fight against irreligious nations. All these descriptions meet Prophet Muhammad (Vidyarthi).

Bhavishya Purana, one of the most important Puranas, includes another prophecy that states that in a foreign country a spiritual teacher whose name is Muhammad will come; he will be a dweller of Arabia; he will gather a large force to fight or kill the devil; and God will protect him from his opponents.  

Prophet Muhammad Mentioned in the Upanishad

Some Hindu scholars consider the Upanishads scripture to be superior to the Vedas, because they impart divine knowledge and teach how the human soul can get nearer to its Maker and Master.

 

The most important  prophecy in it is the one that mentions the coming of Prophet Muhammad by name, and the Muslim testimony of faith — there is no God but Allah — is repeated more than once in it.

As a result of the clarity and explicitness of that prophecy, some Hindus actually enter into Islam, which has led some Hindu scholars to claim that perhaps this prophecy was written by a Hindu pundit who converted to Islam. But this is refuted because this prophecy was referred to in some of the ancient Hindu books that predate the advent of Islam or Muslims to India (Vidyarthi). In the Allo Upanishad, the following description of God is given: the name of the deity is Allah, He is one, the King of all the world, He is the Magnificent, the Greatest of all, the Best, the Most Perfect, the Holiest of all, the Nourisher of the whole world, the Manifester of the earth and the space, and the Lord of all creation.

He created the sun, the moon, the stars, and the heavens. He is the Nourisher of all the birds, beasts, animals that live in the sea and those that are not visible to the eye. He is the remover of all evils and calamities, and Muhammad is the apostle of Allah.

Prophet Muhammad Mentioned in the Vedas

The third basic category of Hindu scriptures is called the Veda. In the Atharva Veda, it is mentioned that the praiseworthy among people shall be praised; it is known that the name Muhammad in Arabic actually means "the praiseworthy."

It also states that the promised prophet will be a camel rider, which is interesting because Indian prophets were forbidden to ride camels. Prophet Jesus, according to the New Testament, rode on an ass but not on a camel, but it is well known that Prophet Muhammad rode a camel.

The seventh mantra also speaks about someone who is going to be a guide to all people, and Prophet Muhammad always emphasized that he was not sent to a particular people, like Israelites alone or Arabs alone, but to the whole world.

The sixth mantra speaks about some of the brave people who vanquished without a battle and that the number of their opponents was 10,000, which could be a reference to the battle of the allies or the trench that took place during Prophet Muhammad's time. The number of the people who put a siege around Madinah were indeed 10,000, and they were vanquished without a battle because God sent a hurricane that finally, after a long siege, forced them to leave.

In the Rig Veda, it speaks about a person who is described as truthful and trustworthy, powerful and generous who will be famous with 10,000. All these are the characteristics of Prophet Muhammad, and the number 10,000 could be a possible reference to the number of the Companions of Prophet Muhammad who entered Makkah victoriously.  

Works Cited

Vidyarthi, Abdul Haq. Muhammad in World Scriptures. New Delhi: Adam Publishers, 1990.


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9)Try to Disagree Without Being Disagreeable, Unsympathetic and/or Unpleasant.

x==x==x==x==x==x

Please note that,
It is a common platform for journalists and all others who are interested in knowing about the issues that are sometimes not reported. This group favours philosophy of progress, reform and the protection of civil liberties. Please share and educate others. The owners and managers of this site do not necessarily agree with any of the information. It is an open forum; everyone is allowed to share anything. Mails sent by members and non-members are subject to approval. However, we are not responsible in any way for the contents of mails / opinion sent by members. We do not guarantee that the information will be completely accurate. (Nor can print and electronic media). If you find content on this site which you feel is inappropriate or inaccurate, incomplete, or useless you are most welcome to report it or contradict it.
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MARKETPLACE

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