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RECORDER REPORT

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to apply a reduced rate of one percent income tax on the import of 128 items, raw materials and inputs on which sales tax will be charged at zero-rate or reduced rate of 5 percent for five export-oriented sectors and commercial importers under new zero-rating regime.

Sources told Business Recorder here on Tuesday that the FBR will issue a clarification to the Model Customs Collectorates (MCCs) to charge reduced rate of one percent withholding tax on the imports made under the SRO.1125 (I)/2011. This is a major facilitative measure to apply reduced rate on the import of raw materials, inputs and goods made...

Members of the Millington Quilters Guild put in several hours a week quilting for a cause. In early December, the group donated various items to Le Bonheur Childrens Hospital, Alzheimers Day Service of Memphis and the Regional Medical Center at Memphis.

WINNIPEG — The chief of the Bloodvein First Nation in Manitoba has condemned the comments of an aboriginal pastor who claimed that victims of teen suicide are buried in the community’s landfill.

Chief Roland Hamilton said he found the news report of Pastor Robert McLean’s Sunday sermon to be disturbing and without substance.

&"It’s very disturbing to hear that, especially when it comes from a well-known minister,&" Hamilton said Monday.

A news report said that McLean, a member of Aboriginal Missions, told the congregation of Lac du Bonnet’s Abundant Life Chapel on Sunday that the stigma associated with teen...

Clark AU Responds to US News Report on Student Indebtedness

University acknowledges data accuracy but points to unique mission of educating a student body with a high loan rate and 40 percent first generation to attend college.

The 38-year-old Schottenheimer said in the statement that he was very proud of what we have accomplished during his time with the Jets, and thanked coach Rex Ryan and the organization.

I look forward to the exciting opportunities that lie ahead, he said.

Former Miami Dolphins coach Tony Sparano is expected to be at the top of the Jets wish list to replace Schottenheimer. Sparano, fired in December and replaced by Todd Bowles, has also worked as an assistant with Cleveland, Washington, Jacksonville and Dallas.

Its one of a handful of coaching moves that will shake up Ryans staff. Offensive line coach Bill Callahan and wide receivers coach Henry Ellard...

Cantor Gaming, the Las Vegas-based company poised to take advantage of nationwide gambling on mobile devices when it is legalized across the United States, said Wednesday that it expects pent-up demand for NBA wagering to drive audiences to wager on Christmas Day, when five games tip-off the 66-game regular season, according to a Sacramento Bee report.

Mike Colbert, Cantors Race amp; Sports Book Risk Director, said:

The Heat are the favorite to win this years championship, followed by the Lakers, Bulls, Thunder, and Mavs.

In the state of Nevada, Cantors Android-compatible mobile sports wagering application already allows people to bet on games....

Jan. 10, 2012 5:33 pm – by Lee Rasizer – Tebow having fun enjoying the journey
Whats next in the Tim Tebow story? I guess the next chapter, the QB replied Tuesday. But its a fun journey. Tebow added hes focused on not looking forward to the destination but instead enjoying the journey, while living out his dream in the NFL playoffs and trying to get better at the game Im playing.

While the jury may still be out on ChrisJerichos extremelyodd return to Monday Night Rawthis week (in which the Canadian wrestler never actually got on the mic to cut a promo,and simplyspent 20 minutes soaking up the audience appreciation before some fans started getting sick of it and booking him), the It Begins viral campaign has been wildly praised by fans and critics.

Indeed, the gloomy, atmospheric videos, whichfeatured two spooky schoolchildren hanging around in an empty class, were praised for being intriguing and genuinely unsettling in places (comparisons with horror film The Ring, which has a similar style,werealso brought up).

Initially, the YouTube URLlinks to the scaryvideos...

Sankranti, Bihu, Lohri, Pongal… call it by any name you want, but this festival that celebrates the transit of the sun to the north, thereby marking the end of winter is celebrated by every region in very particular ways. What is interesting to note though is how certain traditional customs like kite flying or taking a dip in the Ganges during this holy period have grown on to become festivals in themselves. DNA rounds up these uniquely Indian festivals that are celebrated during Sankranti and have theirinternational fans, too.

The International Kite Festival of Gujarat
A sport that dates back rumouredly to 300 years or more, Makar Sankranti is one day the entire state of Gujarat...