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President Asif Zardari emphasizes the importance of offering assistance to the impoverished and middle-income groups in the federal budget.

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President Asif Ali Zardari has emphasized the importance of offering assistance to the impoverished and middle-income individuals in the forthcoming federal budget for the fiscal year 2024-25.

President Asif Ali Zardari expressed these remarks during in a meeting with Prime Minister Shehbaz Sharif. The conference was attended by Ahsan Iqbal, the Federal Minister for Planning and Special Initiatives.

Prime Minister Shehbaz Sharif held a meeting with President Asif Ali Zardari on Tuesday to request complete support from him and the Pakistan Peoples Party (PPP) for the next budget approval.

The President pledged to offer complete cooperation in attaining the objectives for the economic and developmental advancement of the nation.

Additionally, please peruse: Overview of the 2024-25 Budget

Both parties engaged in a discussion over the current economic state of the country. In addition, they deliberated on factors regarding the provision of assistance to the general people in the forthcoming budget.

Prime Minister Shehbaz Sharif also briefed the president about his recent visit to China. Leaders of nations and governments also deliberated on the development initiatives outlined in the forthcoming budget.

President Asif Ali Zardari emphasized to the Prime Minister the importance of offering assistance to the impoverished and middle-class individuals in the forthcoming federal budget.

The government is set to unveil a budget of Rs. 18 trillion.

It is important to mention that the government is prepared to deliver a federal budget above Rs18,500 billion today (Wednesday).

The government has allotted a sum of Rs2,100 billion for defense expenditures and Rs9,700 billion for interest payments on reserved loans. An allocation of Rs. 1500 billion has been made for development projects.

The budget allocates 253 billion rupees for the energy sector, 827 billion rupees for infrastructure, 800 billion rupees for energy sector subsidy, 206 billion rupees for water resources, and 279 billion rupees for transport and communication. The budget has a GDP growth target of 3.6 percent.

The Federal Board of Revenue (FBR) will collect taxes amounting to Rs. 12,970 billion.

The Federal Board of Revenue (FBR) has been assigned a tax collection target of 12,970 billion rupees for the upcoming fiscal year.

The Federal Board of Revenue (FBR) would need to generate an additional revenue of 3,720 billion rupees, with 3,452 billion rupees coming from direct taxes and 267 billion rupees from customs duties, in comparison to the current financial year.

The Inland Revenue’s tax revenue is projected to reach 11,379 billion rupees, with direct taxes accounting for 5,512 billion rupees and income tax contributing 5,454 billion rupees.

The income tax volume has set an extra objective of 1773 billion rupees, bringing the total aim to 2500 billion rupees.

Conversely, the parliamentary party of PPP convened a meeting led by former foreign minister Bilawal Bhutto Zardari. During the meeting, assembly members voiced their apprehensions about the budget and stated that the terms upon which Shehbaz supported the government have yet to be fulfilled.

PPP leader Syed Khurshid Shah expressed his lack of knowledge on the specific details of the budget, as well as the agreements with the IMF and China, during a conversation with the media. In the past, the opposition was consulted, while an ally is not consulted.

The government is presenting a growth-oriented budget today, which amounts to Rs18,900 billion.

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Instagram releases a kid-focused feature.

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With the help of this new Instagram function, parents will have more control over what their kids do online.

New users between the ages of 13 and 15 will have their Teen Accounts enabled immediately, while current users in the US, UK, Canada, and Australia will be gradually transferred to the new accounts over the course of the following 60 days.

Important characteristics of teen accounts

Teen accounts are by default set to private, which limits the display of their posts to authorized followers and keeps non-followers from getting in touch with them.

Restrictions on Teen Messaging: To minimize unwanted encounters, teens are only able to message people they follow or already have a connection with.

Control of Sensitive Content: Tight settings will prevent exposure to potentially dangerous content, like advertisements for cosmetic procedures or violent content.

Parental Control: Guardians can keep an eye on their offspring’s internet behavior, such as direct messaging and content intake.

Positive Content: By allowing teenagers to research interests, like sports, music, or the arts, they can enhance their online experience.

Extra protection

Reminding teenagers to take breaks after 60 minutes of app use is part of the daily limit.

Sleep mode: To encourage sound sleep habits, automatically mute notifications between 10 p.m. and 7 a.m.

Using artificial intelligence to power age verification, underage individuals can be identified and moved to teen accounts.

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Asif Ali hopes to be called up for Pakistan after a great Champions Cup performance.

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In yesterday’s 92-run defeat against Markhors, Asif Ali, who is playing for the Dolphins under Saud Shakeel, scored a fast half-century.

Asif stated in an interview with a local news station that he wanted to do well enough throughout the competition to possibly earn a spot back on the national squad.

He also disclosed that, prior to making his international debut, he batted at number four in domestic cricket but was forced to settle for number six. The energetic batter had a new task because of the
in batting order.

Asif stated, “Going from No. 4 to No. 6 is not easy.” “It’s critical to train properly for your position in international cricket. It can be challenging to drop to a lower position at the international level if you’re used to playing higher up the order at home.

He talked candidly about the Dolphins’ defeat against the Markhorses as well, stating that given the pitch conditions, he would not have chosen to field first.

“Batting was challenging because the pitch favored bowlers in the latter parts of the game,” he remarked. Because of the early dampness, the Dolphins’ management decided to field first.

He then on, “If they had asked me, I would have told them to bat first and not fall for that.”

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Report: Solar is expected to set new records this year.

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In 2023, there was an expected 87% increase in growth. This year’s increase is 29% over the previous one, according to the research.

The cheapest source of electricity globally is solar power, and as such, it is expanding quicker than many anticipated, according to Euan Graham, an Ember electricity data analyst.

Ember estimates demonstrate the rapid growth of solar energy: in 2024 alone, new solar capacity will surpass the 540 GW of additional coal power added globally since 2010.

Expected to add 334 GW, or 56 percent of the global total in 2024, China continues to lead the globe in this industry.

According to the survey, it is followed by the US, India, Germany, and Brazil. These five nations will account for 75% of the new solar capacity in 2024.

According to the research, maintaining the sector’s growth required grid capacity and battery storage.

“Providing enough grid capacity and developing battery storage is critical for handling electricity distribution and supporting solar outside of peak sunlight hours as solar becomes more inexpensive and accessible,” the statement stated.

“Solar power might continue to surpass forecasts for the remainder of the decade if these issues are resolved and development is sustained.”

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