Islamabad, Sep 30: The Federal Board of Revenue (FBR) is likely to extend the deadline for submitting Tax Return Filing by 15 days, although no official decision has been made yet. The business community has raised concerns about the difficulties they face in income Tax Return Filing, leading them to meet with Chief of Army Staff General Asim Munir to seek additional time. In a recent urgent message to the FBR Chairman, the Pakistan Tax Bar Association (PTBA) pointed out that compliant taxpayers are struggling to complete their tax returns due to the poor performance of the IRIS system. Reports have surfaced indicating…
Author: Mawadat Fatima
Islamabad, Sep 30: PCB High-Performance Centres: Sarfaraz, Shoaib, and Waqar Appointed to Lead Key Roles The Pakistan Cricket Board (PCB) has appointed experienced mentors from the recently concluded Champions One-Day Cup to enhance player development throughout the country. This initiative aims to strengthen domestic cricket and foster emerging talent, with the mentors’ overseeing activities at various PCB High-Performance Centres in key cities. Former Pakistan captain Sarfaraz Ahmed will lead the Karachi high-performance academy, while veteran all-rounder Shoaib Malik is set to manage the Sialkot academy. Legendary fast bowler Waqar Younis will take charge of the Lahore academy, and Saqlain Mushtaq…
Islamabad, Sep 30: Mari Petroleum Company Limited (PSX: MARI) has announced the sale of bonus shares from non-compliant shareholders who fail to pay the required income tax. The company informed the Pakistan Stock Exchange on Monday that an 800% bonus issue, approved on September 24, 2024, was dispatched to both physical and CDC shareholders on September 27, 2024. The bonus shares will be withheld until the company collects the applicable tax from these shareholders, which will be determined based on the closing price on the first day of the book closure. If a shareholder does not pay the indicated income…
Islamabad, Sep 30: Shadab Khan’s Panthers Crush Markhors to Clinch Champions One-Day Cup Shadab Khan’s Panthers triumphed in the inaugural defeating the Markhors by five wickets at Faisalabad’s Iqbal Stadium. The Panthers successfully chased down a modest target of 123 in 18 overs, despite a few stumbles. The Markhors, opting to bat first, struggled against a disciplined Panthers bowling attack and were bowled out for 122 in 33.4 overs. Fakhar Zaman top-scored with 46, while Mohammad Hasnain and Arafat Minhas led the Panthers’ bowling with three wickets each. In response, Abdul Bangalzai anchored the chase with a vital 41. Despite…
Islamabad, Sep 30: Pakistan Digital Payment Index Set for Rollout This Pakistan Digital Payment Index will assess how effectively digital payment tools are penetrating various sectors and regions, providing insights into consumer behavior and usage. It aims to support the country’s digital transformation by measuring the adoption of digital payments through metrics like card and QR code usage, mobile payments, and contactless POS penetration. The DPI will help policymakers, financial institutions, and stakeholders identify gaps in the system, enabling targeted policy interventions and investments to improve digital payment infrastructure. Similar initiatives, such as the Mastercard Digital Payment Index in Central…
Islamabad, Sep 30: Dow University has released the results for the Medical and Dental College Admission Test (MDCAT), reporting that 22,366 candidates from Sindh have passed, resulting in a pass rate of 58.79%. The test was taken by 38,041 candidates, with 12,572 appearing at the Ojha and NED test centers. Among them, 6,947 qualified for MBBS, while 7,941 qualified for BDS. In Punjab, the University of Health Sciences conducted the MDCAT on September 22, with 56,519 candidates participating. Notably, 48,051 candidates scored above 55%, and 51,018 exceeded 50%. The highest score was 199 out of 200, achieved by two female…
Islamabad, Sep 30: Future of Fashion Retail Online Shopping Trends for 2024 The fashion retail industry has experienced significant transformation, and 2024 is set to continue this trend with exciting innovations. As consumers increasingly favor digital platforms over traditional in-store experiences, online shopping has become the primary mode of purchasing fashion. This shift has led retailers to adopt new technologies and strategies, reshaping the future of fashion retail. In 2024, key online shopping trends are expected to dominate, impacting both consumers and businesses. One major trend shaping fashion retail is the rise of artificial intelligence (AI) in online shopping. AI-powered…
Islamabad, Sep 30: Emerging Technologies Investment Opportunities in AI and Robotics These emerging technologies are reshaping industries, driving innovation, and offering immense growth potential for investors willing to embrace the future. As AI revolutionizes sectors such as healthcare, finance, and manufacturing, robotics is enhancing productivity, reducing human error, and streamlining operations. The convergence of AI and robotics is creating a fertile ground for investment, with both individual investors and large corporations recognizing the opportunities at hand. One key factor fueling the rise of AI and robotics investments is the increasing demand for automation. Companies globally are adopting AI-driven solutions to…
Islamabad, Sep 30: The ICC Women’s T20 World Cup 2024 is set to take place in the United Arab Emirates starting October 3, featuring 10 teams. Defending champions Australia will compete under new captain Alyssa Healy, while India, Pakistan, and other nations are also geared up with their squads. Here’s a brief overview of some key teams and their captains: Australia: Captain Alyssa Healy leads a strong squad including Ellyse Perry, Beth Mooney, and Megan Schutt. India: Led by Harmanpreet Kaur, India’s team includes stars like Smriti Mandhana and Jemimah Rodrigues. Pakistan: Under the captaincy of Fatima Sana, the squad…
Islamabad, Sep 30: Israel Attacks school Sheltering Displaced Palestinians in Gaza. The airstrike in the Jabalia refugee camp, which led to the deaths of at least 15 civilians, including women and children, highlights the severe humanitarian crisis in Gaza. The Israeli military claims that the attack targeted a Hamas command center, though local authorities and the Hamas-run Civil Defense agency have denied the presence of military operations at the school. Civilian casualties have been a tragic consequence of the ongoing conflict, and schools, which have become shelters for displaced Palestinians, have not been spared from the violence. Israel Attacks School Sheltering continue…
