Pakistan’s federal government is probably going to increase taxes on profit earned through bank accounts and deposits for those who do not fileThe IMF has instructed Pakistan to raise the withholding tax rate on loan profits for non-filers during recent meetings. Presently, non-filers of profit on debt are subject to a 30% withholding tax deduction from the government.It’s possible that in order to make noncompliance more expensive, the government will raise this withholding tax even more. The sources further stated that the government has chosen to raise the tax rate on mutual fund dividend income to 5%. In contrast, if…
Author: Iqra Khan
Islamabad: British High Commissioner Jane Marriott called on Chairman Senate Syed Yousaf Raza Gilani today at Parliament House. The discussions covered wide range of issues of mutual interest, including bilateral relations, trade, investment, and parliamentary cooperation. The British High Commissioner congratulated Syed Yousaf Raza Gilani on his election as Chairman Senate and extended her best wishes for his tenure.The Chairman Senate, welcoming the British High Commissioner , emphasized the longstanding cordial relations between Pakistan and England. He further expressed gratitude for Britain’s support during challenging times and its various welfare initiatives. Chairman Senate highlighted the importance of increasing partnership in…
The Inclusion Lab is delighted to announce the successful conclusion of the “Future Forward: Women Leaders’ Summit 2024” held on June 10, 2024, at the National Incubation Center for Aerospace Technologies (NICAT) Islamabad. This pioneering event brought together over 150 participants, including distinguished leaders, industry experts, and aspiring women leaders, fostering powerful conversations about leadership, economic inclusion, and gender equality. The summit featured inspiring speeches, thought-provoking panel discussions, and the launch of the Women CXO Global Forum in collaboration with CXO Global Forum, the One Million Women in Tech by 2030 campaign and The Badass Amplifier Program, an innovative 6…
Deputy Prime Minister and Foreign Minister, Mohammad Ishaq Dar, held a meeting with the UN Secretary-General, António Guterres, on the sidelines of the high-level conference on “Urgent Humanitarian Response for Gaza,” being held in Jordan. The Deputy Prime Minister lauded the UN Secretary General’s initiative to jointly hold the conference along with Jordan and Egypt at a time when the people of Palestine are in dire need of international support and urgent humanitarian assistance. He also commended the leadership and proactive role of the Secretary-General in raising concern at the situation in Gaza on the international stage. Reiterating Pakistan’s strong…
Shahid Afridi’s recommendations aim to inject new energy and strategy into Pakistan’s T20 World Cup campaign. Let’s break down the proposed adjustments: Promoting Fakhar Zaman to open: Afridi suggests moving Fakhar Zaman to the opening slot alongside Mohammad Rizwan. This move could capitalize on Zaman’s aggressive batting style and ability to provide quick starts at the top of the order. Shifting Babar Azam to number three: By moving Babar Azam down to number three, Afridi aims to solidify the middle order while still ensuring Babar’s presence at a crucial position in the batting lineup. This adjustment could allow Babar to…
Pakistan’s campaign in the T20 World Cup has been quite eventful so far. The loss to the USA in a Super Over must have been disappointing, followed by another close defeat against India. It seems like they’ll be looking to bounce back strongly against Canada. The decision to drop Usman Khan due to poor form seems tough but sometimes necessary for the team’s balance and performance. With Babar Azam and Mohammad Rizwan expected to open, there’s a solid foundation at the top of the order. Saim Ayub and Fakhar Zaman in the middle order should provide stability and firepower respectively.…
Introduce the WhatsApp Status feature in 2017, WhatsApp users could share text, emoticons, photographs, and other content with their contacts for a full day. The Status Privacy feature allowed users to select whether their status updates would be accessible to all contacts, only certain contacts, or everyone except specific contacts, so the visibility wasn’t always for all contacts. Let’s go back to last month, when the WhatsApp beta for iOS 24.10.10.75 included a little prompt before publishing a new version that made the Status version Privacy setting simpler. The same feature is currently being tested in the WhatsApp beta for…
The Pakistan Telecommunication Authority (PTA) Zonal Office in Lahore collabration with the Federal Investigation Agency (FIA), successfully raided an illegal Internet service provider (ISP) that was operating in Punjab University Town-II, Lahore. A working internet setup that was being used without a license was discovered during the raid. A single individual has been placed under arrest and pertinent equipment, consisting of 02 ONTs and 5 OLTs, has been seized. The FIA is legally pursuing additional investigation. PTA’s resolute dedication, ongoing oversight, and relentless attempts to curtail illicit internet services are responsible for the success of the campaign against unlawful internet service…
The redesigned iOS 18 with generative AI features and a ton of flexibility was unsurprisingly unveiled at Apple’s Worldwide Developers Conference (WWDC) yesterday. But let’s begin by talking about Apple Intelligence, or the AI functions. Apple Intelligence The release of Apple Intelligence, the company’s in-house artificial intelligence technology, is a noteworthy highlight of iOS 18. This AI suite, which is compatible with all M series CPUs and devices sporting the A17 chip, is designed to improve user experience by providing customized tools. These tools help with daily chores like setting alert priorities. Furthermore, iOS 18 adds sophisticated writing assistance to…
The State Bank of Pakistan (SBP) has instructed banks to create and implement digital solutions for supply chain finance over the next six months.In order to increase SMEs’ access to financing and digitize retail payments, According to the SBP circular, banks must set up efficient Supply Chain Finance (SCF) departments with appropriately qualified HR staff and systems in order to create and provide SMEs with digital SCF solutions. The banks have additionally been instructed to either create their own digital SCF solutions or collaborate with Fintech service providers to offer digital SCF.In addition to providing SMEs with easier access to…
