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Business Sigh of relief: Govt rules out any increase in income tax on banks Shahbaz Rana The government has ruled out any increase in income tax on banks in the upcoming budget, saying such a move will single out the banking sector. At the same time, it has hinted at bringing few more politically pampered businesses in the tax net by withdrawing exemptions. State influence on economy grows to 60% Our Correspondents The government's influence on the economy has grown to 60% of gross domestic product (GDP) and the bureaucracy is facilitating ruling classes to further expand their hold, says Planning Commission Deputy Chairman Dr Nadeemul Haque. __________________________________ Sports Cricket: BCB avoids discussion on Pakistan tour Fawad Hussain The Pakistan Cricket Board's (PCB) coach-hunt committee, headed by Intikhab Alam, will meet tomorrow to discuss the applications for the position of the national team's bowling coach, a position left vacant after Aqib Javed left to take over as UAE's head coach. Snooker: Majid maintains 100% record in Goa Our Correspondents Pakistan's Mohammad Majid Ali maintained his 100% record in the Asian U21 Snooker Championship as defeated Iran's Slyavosh Mozayani 4-2 in Goa, India.
_______________________________________________ Life & Style Sadaf Rosewood House: Every day is not Sunday Saadia Qamar With the global economic crisis hitting almost every sector, it's no surprise that the furniture business has also suffered a blow. Due to the dip in local demand coupled with detrimental export policies, Mohammad Aslam Khan, who has been in the furniture business for a while, has seen his income spiral downwards.. Bollywood masterpiece: Sholay in 3D Rafay Mahmood We have all been told about the time when Gabbar Singh was synonymous with the monster under the bed, anyone fond of his or her vehicle would call it Dhanno and bestfriend duos would cheekily call themselves Jai and Veeru. This was the impact of the 1975 blockbuster Sholay, which was phenomenally successful at the box office and is still considered one of the most trendsetting films in the history of Bollywood. _______________________________________________ | 
