An excerpt from OICCI SG M Abdul Aleem’s article in Dawn titled 'Taxing the taxed'.
A pragmatic approach would be to return to the drawing board before the
FY27 budget. The federal and provincial governments must agree on a base-broadening issue: provinces should enforce agricultural income tax, while the federal government should bring retail, wholesale, and professional services into the net through a mix of incentives, digital documentation and credible enforcement. The IMF should also shift its focus from headline revenue targets to sector-wise collection in proportion to economic activity. All income should be treated equally and taxed proportionately.
Foreign investors:
Pakistan should consider targeted tax relief for manufacturers in its upcoming federal budget to help businesses navigate economic uncertainty stemming from regional tensions, the head of a leading foreign investors’ group said on Tuesday, citing measures adopted by countries such as Sri Lanka and Türkiye.
OICCI survey shows new investment index drops to 2%, services sector falls 20 points, 34% firms expect negative outlook over next six months; around 80% of businesses delay or revise investment decisions
Read: https://t.co/qkMZ44hZjd
It's not a joke but an attempt at bringing the retailers into the tax net. The move should be appreciated since the aim is broadening. Once that has been achieved, the government can increase the tax rates for retailers in accordance with their contribution to the GDP.
Govt proposing Fixed tax for retailers again as slab for upto 200 Million Turnover annual Fixed Tax of Rs 25,000
Even if we take 2% Net Profit this would mean Rs 4 Mil Net Profit and asking Rs 25k for this?
While same 4 Mil Salary get you taxed Rs 585k annually
Is it a Joke?
That’s true. Sometimes fans place unrealistic expectations on global tournaments. I won’t name any player because people often take it as a comparison but many of the cricket’s all-time greats had to wait 10-20 years before finally winning major trophies.
This is literally a man. The fact that he had silicone and/or saline implanted under his chest to replicate the organs that actual women use to provide nourishment to infants, carved serveral milimeters of bone off his monsterous, giant male skull, took synthetic estrogen to attempt to imitate women does not make him a woman.
When smaller male Cuttlefish disguise themselves as females to sneak into their spaces, it does not make them female and the same applies to human males.
MAJOR DEVELOPMENT IN PAKISTAN SPORTS.
Pakistan is set for a major reset in sports governance as the federal govt moves ahead with the proposed National Sports Policy 2026, after nearly two decades, aiming to overhaul how sport is run in the country. The draft proposes sweeping changes from governance to funding and grassroots development.
At the heart of the policy is a major shift: recognition of autonomy for National Sports Federations and the Pakistan Olympic Association, moving away from decades of friction under the 2005 framework. Federations will retain independence but operate under governance standards, IOC compliance, and performance-based accountability, while POA’s Olympic role is formally protected.
The draft also aligns with the 18th Amendment, acknowledging sports as a provincial subject and limiting the federal role to international representation, coordination, standards, and strategic funding. To bridge gaps, a National Sports Coordination Council will bring together federal & provincial ministers, POA, PSB, federations and HEC for policy harmonization and dispute resolution.
The policy also proposes a National Sports Development Fund backed by federal & provincial allocations, CSR, sponsorships and media rights, while urging provinces to allocate at least 2% of their ADP to sports.
Overall, the National Sports Policy 2026 signals a structural shift from centralized control to coordinated autonomy but its success will ultimately depend on political will and execution.
More details on the draft proposal soon on Geo.
Does anyone know whether walk-in attestation is still possible at MOFA, Karachi? Just read somewhere that they suspended the walk-ins and are now accepting documents via courier services. Has anyone gotten their docs attested recently? If yes, please do let me know the procedure.
The funniest thing about anti-Qurbani Twitter users is that almost none of them are vegetarians. They don't have a problem killing animals to eat them, but I guess poor people getting Qurbani ka gosht is somehow against their values
تنخواہ دار طبقے اور بزنس سیکٹر کی ٹیکس کا بوجھ اٹھاتے اٹھاتے کمر ٹوٹ چکی، اب مزید بوجھ نہیں اٹھایا جا سکتا، حکومت کو ہر صورت دیگر شعبوں کو ٹیکس نیٹ میں لانا ہوگا، سیکرٹری جنرل OICCI عبدالعلیم
Nadeem bhai I challenge you or any of the well-off people here who think our poor people are lazy and live a luxurious life to spend one night without air conditioning. Just one night.
Those of our poor brothers and sisters, who are exactly like us, except that they are poor, live very hard lives where food is a luxury and health care unaffordable.
When poor people go back to villages they help their families with harvesting or sowing, they help rebuild the walls and roofs that caved in during the previous rains, they work butchering animals during Barka Eid, and yes they also spend time with their spouses, kids and parents. Is that so bad? Don’t we all do that?
Can someone convey my query to the higher authorities in any country to help me get treated as I have been suffering from a rare skin disease which is extremely painful and incurable in Pakistan.
This expressway is really great and should be appreciated. While this will also help commuters living beyond just DHA and Clifton, it cannot be called game changing road infrastructure.
The real game changer would be fixing the city's internal roads, which are currently in terrible shape. Broken and poorly maintained roads cause daily frustration for millions of Karachiites.
Most importantly, University Road needs an urgent rebuild. Its current state is causing people immense financial and mental stress.
Nobody really liked Homelander’s ending on The Boys.
…so I asked AI to fix it.
The prompts were simple:
1) Rewrite the best possible ending to The Boys.
2) Create that video.
I think everyone, especially fans of The Boys, will be very happy with the final result: