Connect with us

Latest News

PM Shehbaz would stop at nothing to fight tax evasion.

Published

on

During a high-level discussion at the Prime Minister’s House, the premier made statements about revenue improvement tactics, economic digitization, and tax reforms.

The Federal Board of Revenue (FBR) is crucial to the country’s economy, Prime Minister Sharif stressed during his speech to the assembly. He promised to supply the FBR with all the tools required to support their efforts to digitize and grow their human resource base.

Ensuring that the rich pay their fair share of taxes requires a broader tax net, as the prime minister stressed. It was pointed out by him that the new budget places a disproportionate amount of tax burden on the wealthiest members of society while placing little taxation on the middle and lower classes.

The prime minister said, “The government’s top priority continues to be reducing the tax ratio while expanding the tax base.” Plans to fully digitize the tax system were presented, with the goal of improving worker productivity and expediting tax collecting procedures.

Along with calling for quick action, Sharif also suggested using digital tools to increase tax revenues and document the economy. He gave the order for officials to move quickly to bring more people under the tax roof.

The premier was informed about the latest developments in revenue enhancement and the digitization of the FBR over the last four weeks by global businesses McKinsey and Karandaz during the meeting. Plans were also presented for short- and medium-term tax revenue growth.

Reiterated was the possibility of generating billions of rupees in additional tax income if current measures were fully implemented. Revenue growth and accurate documentation of economic activity are anticipated outcomes of the economic value chain’s digitization and automation.

Premier Sharif also directed federal secretaries and department heads to interact directly with the Task Management System, which is cutting edge software used to track the implementation of directions from the prime minister to federal ministries.

At a meeting tasked with evaluating the Task Management System’s deployment, the Prime Minister declared that daily system usage evaluations will guarantee that all projects are completed on time. He underlined the need for ongoing observation to ensure advancement.

There was information presented to the meeting on the development of a mobile application for the task management system.

Latest News

Instagram releases a kid-focused feature.

Published

on

By

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.

Continue Reading

Latest News

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

Published

on

By

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.”

Continue Reading

Business

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

Published

on

By

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.”

Continue Reading

Trending