Raza Bashir

[Roro ☃ @RoRoFli]

When you forget to cancel a subscription & you suddenly see a random notification saying “Payment Successfull, Your subscription has been renewed.”

[Peché Africa 🇿🇦 @pmcafrica]

Bro said... hold my glasses 👓

[Murtaza Syed @murtazahsyed]

Welcome to the “art” of political appointments …

[Hassan Abbasian @HassanAbbasian]

Visited Trail 5 a few days ago and it’s shocking how much Islamabad’s air quality has worsened despite the rain last week. The view from Margalla hills used to be so clear but their obsession of turning Islamabad into a concrete city will ruin its natural beauty and clean air

[naiive @naiivememe]

US failed to reach a deal with Iran

The stock market waiting to open on Monday

[Amer Sharif @AmerSharifOFCL]

Investing in a Pension Fund is one of the most underrated tax moves available to salaried Pakistanis.

Section 63 of the Income Tax Ordinance 2001 gives you a direct tax credit — not a deduction, a credit — meaning rupee-for-rupee reduction in your tax bill. Here's everything you need to know.

THE 3 PILLARS THAT CONTROL YOUR CREDIT
① Taxable Income — salary PLUS every taxable perk, allowance or benefit your employer gives you (cash or non-cash)
② Tax Payable — your actual tax liability on that income
③ Average Tax Rate — Tax Payable ÷ Taxable Income

This average rate is applied to your pension fund investment to calculate your credit. Change any one of these three and your credit changes too.

THE FORMULA
Step 1 → Average Tax Rate = Tax Payable ÷ Taxable Income
Step 2 → Eligible Investment = lower of 20% of Taxable Income OR Actual Investment
Step 3 → Tax Credit = Eligible Investment × Average Tax Rate

EXAMPLE — Monthly Salary Rs. 400,000
Annual Taxable Income → Rs. 4,800,000
Tax Payable → Rs. 861,000
Average Tax Rate → 17.94%
Max Eligible Investment → Rs. 960,000
Tax Credit = Rs. 172,200
Add a conservative 9% fund return on your investment= Rs. 86,400
Total Year 1 gain = Rs. 258,600 on Rs. 960,000 invested — an effective 26.94% return.

GOT A BONUS? YOUR CREDIT GOES UP
Add a Rs. 500,000 December bonus:
Revised Taxable Income → Rs. 5,300,000
Revised Tax Payable → Rs. 1,036,000
Revised Average Tax Rate → 19.55%
Revised Eligible Investment → Rs. 1,060,000
Revised Tax Credit → Rs. 207,200
Every taxable benefit your employer gives you — cash bonus, car allowance, housing perk — increases your eligible ceiling and your credit. Your taxable income is not a fixed number. Track it throughout the year.

BUSTING THE BIGGEST MYTH
"Your money gets locked in the pension fund."
Wrong. What is restricted is tax-free withdrawal — not access to your money itself.
You can withdraw any time. Tax is deducted at your average rate from your last 3 filed returns — tax you would have paid on your salary had you never invested.
So where is the loss? There is none.

THE TIMING TRAP NOBODY TALKS ABOUT
Your employer gives you the credit by reducing monthly tax deductions. But if he has already deposited most of your annual tax to FBR, he may not have enough left to give you the full credit.
Annual tax payable → Rs. 861,000
Deposited in 10 months → Rs. 717,500
Remaining with employer → Rs. 143,500
Your entitled credit → Rs. 172,200
Shortfall → Rs. 28,700
That Rs. 28,700 becomes a refund claim with FBR. Anyone who has dealt with FBR refunds knows what that means — years, notices, follow-ups, maybe never.
Invest early. July to December is the sweet spot. Do not wait until March-June.

HOW MUCH TO INVEST?
The eligible amount is a ceiling, not a floor. You do not have to invest Rs. 960,000 in one shot(in above example).
→ Rs. 50,000/month via standing instruction or whatever amount as per your convenience
→ Lump sum whenever you have liquidity
→ Transfer your company provident fund if it earns zero return — same money, tax credit + investment returns both
Invest slightly above your base calculation to absorb any bonus or perk that arrives mid-year without missing the additional credit.

YOUR CHECKLIST
① Calculate annual taxable income — salary + all perks
② Compute tax payable and your average tax rate
③ Eligible investment = lower of 20% of taxable income or actual amount
④ Invest early — July/August ideally
⑤ Submit proof to your employer immediately
⑥ Track every bonus and top up accordingly

[Shen Shiwei 沈诗伟 @shen_shiwei]

#Pakistan in the past 24 hours.

Who made this meme video? Genius!

[naiive @naiivememe]

Dubai right now

[Mehtab Haider @haider_mehtab]

The voiceless salaried class has paid out Rs365 billion Income Tax in the first eight months (July-February) of the current fiscal year, a figure that is higher than the collective contribution of all wealthy segments, including retailers, wholesalers, exporters, and property tycoons. Read full details @

https://t.co/imVE4sMh6b

[The Husky @Mr_Husky1]

6 years ago today, we were told to take our laptops home for no reason.
Friday March 13th, at 11:30am, we received an email telling us why.

[Polymarket @Polymarket]

BREAKING: Anthropic CEO says Claude may or may not have gained consciousness, as the model has begun showing symptoms of anxiety.

[Kirti Deolekar @kirti_sd]

A group of astrologers from Deeg district in Rajasthan travelled to Dubai on Feb 28 to attend an astrology conference. They were scheduled to return to India on Mar 1, but their flights were cancelled due to sudden airspace restrictions.
They are stranded in Dubai
🤣🤣🤣

[Chapin @Chapinc]

You want me to be physically present at a meeting in the office? Like the Ayatollah?

[Mohammad Zaheer @mzaheer88]

Pakistani twitter really doing its best to prove the "scratch a liberal and a fascist bleeds" saying true.

[van00sa @van00sa]

China knows exactly what this does. Their domestic version of TikTok caps kids under 14 at 40 minutes a day, locks access between 6am and 10pm, and swaps the entire feed to educational content. Science, history, museums.

The version they export to everyone else? Unlimited, unrestricted, pure dopamine on demand.

When kids in the US and China were asked what they wanted to be when they grew up, the number one answer in America was influencer. In China it was astronaut.

Macron calls this a cognitive war. Export what dulls young minds and keep what makes them intelligent for your own population.

This is the most effective weapon ever deployed against a generation’s ability to think.

[Damian Player @damianplayer]

HR managers, investment bankers, and designers reading the anthropic announcement right now:

[Abhishek Murarka 💹🐂 @abhymurarka]

IT company CEOs to Claude:

[Kaguya’s Top Gal @hayasaka_aryan]

>Not a single mention in the Epstein files
>No blackmail

He just bombed the middle east for the love of the game

[Jokes UK 🔞 @jokesuk]

🚨 BREAKING NEWS 🚨

The Royal Family are said to be devastated after Prince Andrew's car crash next Wednesday.