ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial Saturday said the FBR has proposed a holding period of 12 months for availing concessionary tax regime on investment made in Special Convertible Rupee Accounts (SCRA) under Finance Bill (2025-26). While review of Finance Bill (2025-26) on Saturday at the National Assembly Standing Committee on
Kevin Durant’s deepened investment in Paris Saint-Germain marks a watershed moment for basketball’s European ambitions. The Phoenix Suns superstar has elevated his stake in the iconic soccer club, bringing unprecedented NBA credibility to PSG’s potential basketball ventures while positioning himself at the forefront of the sport’s continental expansion. This strategic partnership transcends typical celebrity sports
If you had planted $10,000 worth of Bitcoin (BTC -1.89%) in a portfolio in 2015, your investment would be worth an eye-popping $4.3 million right now, after the coin’s almost unthinkable growth of nearly 43,000%. It still has plenty of capacity for big growth during the next 10 years, too. The coin’s scarcity, diehard holder
Sen. Katie Britt, R-Alabama, recently joined Senate Banking Committee Chairman Tim Scott, R-South Carolina, and several other Senate Republicans in introducing the “Protect Our Bases Act.” The legislation would “require the Committee on Foreign Investment in the United States [CFIUS] to annually review, update, and report on the facilities and property of the United States
The elders in my family were big on safe investments. Growing up in the 1980s, I can recall receiving savings bonds as birthday gifts from far-flung aunts and grandmothers. Though these bonds were disappointing presents for any 8-year-old hoping for the latest Skeletor action figure, my parents assured me I would be grateful when I
Growth stocks can generate returns far superior to those of value stocks or dividend stocks in the long run. These are the types of companies that investors are drawn to because if they’re growing, they are expanding their operations and likely innovating and potentially diversifying along the way. Names like Amazon and Nvidia are two
SIP vs Inflation: The charts of long-term SIP returns can impress any investors as they show a small amount turning into a giant corpus. E.g., a Rs 10,000 monthly SIP investment at a 12 per cent annualised return can generate a Rs 92 lakh corpus in 20 years, Rs 3.09 crore in 30 years, and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a partner at Thoma Bravo and head of the firm’s European operations. Many global software investors are still treating Europe as an afterthought to their core strategies. I believe this represents a
Dear Editor, Thank you for a well written, clever editorial, “China and the border” (SN Jun 15), that correctly analyzes the government’s cozy relations with China and the latter’s position on Venezuela that threatens to usurp two thirds of our mineral rich territory. Guyana cannot trust China on the border. China has not given Guyana
Image: Texas Instruments Texas Instruments has announced plans to invest more than $60 billion on semiconductor manufacturing in the US. The money will be allocated to building or expanding seven large-scale fabs in Texas and Utah that, combined, are projected to produce hundreds of millions of chips each day. This is likely to be welcome