Islamabad, Oct 21: FBR Drafts New Tax Laws to Eliminate Non-Filers and Late Filers In order to do away with the terms “late filers” and “non-filers” from the Income Tax Ordinance of 2001, the Federal Board of Revenue (FBR) has created the Tax Laws Amendment Ordinance 2024. The draft measure that would do away with the notions of late filers and non-filers is now being worked on. The Finance Act of 2024 created the “late filer” category, which has already been contested in the Lahore High Court. Every taxpayer must provide proof of their income in order to conduct financial…
Author: Mawadat Fatima
Islamabad, Oct 21: In an environment where keeping top personnel can be as erratic as the monsoon season in Pakistan, WeatherWalay announced an Employee Stock Options Plan (ESOP) in honor of its third anniversary. Although corner offices have always benefited from a portion of the company’s profits, WeatherWalay’s ESOP is innovative. With a vesting term of three years, which is far longer than most Pakistani weather forecasts, fifteen employees, or “change champions” as WeatherWalay calls them, currently own stock in the company. They are counting on this program to turn their workforce into a fighting force against climate change, equipped…
Islamabad, Oct 21: Pakistan GITEX Global 2024 Achieves Record Participation and Tech Milestone At GITEX Global 2024 in Dubai, Pakistan’s IT sector made a big impression and won “Tech Destination of the Year.” At one of the biggest technology shows in the world, more than 200 Pakistani businesses, startups, and industry professionals took the stage. The large turnout demonstrated the burgeoning might of Pakistan’s tech industry, which has been growing quickly and drawing interest from around the world. The IT Ministry claims that the Pakistan Pavilion at GITEX 2024 demonstrated the nation’s vibrant and quickly developing technology sector. Attendees at…
Islamabad, Oct 21: Pakistan vs Oman ACC Emerging Teams Asia Cup 2024 In their second-round matchup, Pakistan will take against Oman with the goal of reviving their ACC Emerging Teams Asia Cup campaign. The game will start at the Oman Cricket Academy Ground in Muscat, Oman, at 2:00 PM (PST). After a thrilling opening match, Pakistan lost to India A by 7 runs, and Oman was defeated by Afghanistan A by 44 runs in their maiden encounter. Both teams are yet to secure a victory in the league. At the ACC Emerging Teams Asia Cup, Oman and Pakistan A will…
Islamabad, Oct 19: Injuries and danger to life are likely during the 80mph winds set to hit parts of the UK this weekend in the first named storm of the season. The Met Office has issued an amber weather warning before Storm Ashley hits the north-west of Scotland on Sunday. A yellow warning has been issued for all of Scotland and Northern Ireland, and parts of Wales and north-west England. The amber warning will be in force from 9am on Sunday until midnight, and the yellow between 3am and midnight. Gusts of 80mph could hit north-west Scotland and “injuries and danger to life is likely…
Islamabad, Oct 19: Aqib Javed Resigns as Lahore Qalandars Head Coach Aqib Javed, a former cricket player from Pakistan, has left the Lahore Qalandars following an eight-year fruitful partnership with the Pakistan Super League (PSL) team. Prior to taking over national responsibilities with the Pakistan Cricket team, the former international for Pakistan will depart from the team. As Director of Cricket Operations and Head Coach for Lahore Qalandars for eight years, Aqib Javed led the side to three straight PSL finals from 2020 to 2023. His team went on to win two PSL competitions in a row. The Player Development…
Islamabad, Oct 19: Bobby Curtis Title Pakistan’s Young Tennis Star Wins Prestigious Championship Mikaeel Ali Baig, a rising tennis star from Pakistan, won the Bobby Curtis U16 Doubles Championship at the US Tennis Association Headquarters in Orlando, showcasing his extraordinary talent once again. His recent victory at the Bobby Curtis Title U14 Singles Championship highlights his quick rise in the sport, and this one adds to his growing list of accomplishments. Legends like Chris Evert, Jennifer Capriati, Jim Courier, and Andy Roddick are among the notable tennis players that have won the coveted Bobby Curtis Championship. The tournament’s effect on…
Islamabad, Oct 19: Xiaomi 15 May Launch Worldwide Sooner Than Usual The Xiaomi 15 is anticipated to release soon, maybe in the same week as Qualcomm’s Snapdragon 8 Elite debut. This is because, while a launch date is yet unknown, the Xiaomi 15 is anticipated to be among the first phones to use this chipset. The flagship phone is anticipated to launch in China as usual, but new information suggests that it may make an earlier appearance on international markets. The phone’s presence in the GSMA database is the reason for this. Despite the fact that the Xiaomi has been…
Islamabad, Oct 19: PMDC Stops MBBS and BDS Admission Process Following Judiciary Orders Following orders from the Sindh High Court (SHC) and Islamabad High Court (IHC), which issued restraining orders on the PMDC Stops MBBS and BDS Admission results, the Pakistan Medical and Dental Council (PMDC) has instructed all medical and dental colleges in Pakistan to halt admissions for MBBS and BDS programs for 2024, PMDC officials said on Friday. Allegations of anomalies in the MDCAT tests, such as a paper leak in Sindh and “out of syllabus” questions in Islamabad, are presently being looked into by the courts. The final…
Islamabad, Oct 19:900,000+ Motorcycle Licences Issued in Punjab The Traffic Police’s Additional Inspector General (AIG) has declared that a special campaign to help motorcycle riders in Punjab earn driving licenses will continue. In the last month, motorcycle riders received nearly 900,000 licenses to drive, according to a statement from the traffic police. More than 400,000 of these were granted normal driver’s licenses. Furthermore, during this time, around 266,000 individuals renewed their regular or learning licenses, and over 234,000 motorcycle riders received learning licenses. Notably, Faisalabad Traffic Police led the way in the province by offering the most of these services…
