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Showing posts with label Sindh. Show all posts
Showing posts with label Sindh. Show all posts

Tuesday, July 16, 2019

CNIC condition not applicable on purchases below Rs 50,000 - say KTBA ex president

CNIC condition not applicable on purchases below Rs 50,000 - say KTBA ex president

CNIC condition not applicable on purchases below Rs 50,000 - say KTBA ex president

KARACHI: The condition of providing CNIC details is not applicable on purchases up to Rs50,000 by a person, said Zeeshan Merchant, former vice president of Karachi Tax Bar Association (KTBA).

He highlighted key changes to sales tax law made through Finance Act, 2019 at a seminar organized by KTBA on Thursday.

He said the condition of CNIC has been waived where retailers supply goods to ordinary consumers for own consumption with transaction value not exceeding Rs50,000, including sales tax.

He said that obtaining CNICs of unregistered buyers had also been postponed till August 01, 2019.

It has also been expressly provided that the supplier will not be penalized for the wrong declaration of CNIC number by the buyer in case of sales made in good faith.

He said that through Finance Act, 2019 the threshold for cottage industry had been increased up to Rs3 million from Rs2 million.

The Finance Act, 2019 relaxed certain conditions in order to cater sales to registered sector, the condition for CNIC had been done away with provided the buyer’s NTN is mentioned on the invoice.

Asif Haroon, Senior tax practitioner while highlighting key changes to Income Tax said that various sectors of the economy had been brought under minimum tax regime.

These sectors include: commercial imports, brokerage and commission, non-resident persons for certain services, local supply of goods, execution of contracts and income from CNG stations.

He pointed out another change through which the concept of filer and non-filer had been abolished.

He said that a new Tenth Schedule has been introduced to Income Tax Ordinance, 2001 where rate of withholding tax had been enhanced by 100 percent for persons not appearing on the Active Taxpayers List (ATL).

He termed the introducing tenth schedule was another effort for documenting the economy.

Late filers can become part of ATL by paying surcharge at the applicable rates. On filing of returns, the taxpayers can claim refund of tax withheld in excess of the actual tax liability.

The period during which the names of such persons do not appear in ATL, refund will not be issued during that period.

Moreover, the said period will also not be considered for the purposes of additional compensation for delayed refund, he added.

Immunity allowed under Section 111(4) of Income Tax Ordinance, 2001 has been reduced to Rs.5 million from Rs10 million for foreign remittance through banking channels.

Further displaying of business license by every person engaged in any business, profession or vocation, even where they are not required to obtain NTN.

The tax authorities have also introduced simplified tax regime for small businesses, construction businesses, medical practitioners, hospitals, educational institutions and any other sector specified, he added.

Friday, July 5, 2019

CM Sindh Murad Ali Shah says Bohra community is peace loving

CM Sindh Murad Ali Shah says Bohra community is peace loving

CM Sindh Murad Ali Shah says Bohra community is peace loving

Karachi, July 03, 2019: Sindh Chief Minister Syed Murad Ali Shah has said that Dawoodi Bohra community has established a world class educational institution under the name of Al-Jamea-tus-Saifiyah where religious education with modern technics was being imparted. This he said on Wednesday while addressing the students receiving education at Al-Jamea-tus-Saifiyah, North Nazimabad which he visited on the invitation of Dawoodi Bohra Jamaat.

The chief minister said that he was feeling to be honoured to visit their educational institution which his father Syed Abdullah Shah had also visited during his tenure as Sindh chief minister. Mr Shah said that he was happy to see the discipline, values and dedication among the students in their educational institutes. “You are peace loving people who have contributed a lot in the development of this city of Karachi,” he told the Bohra Jamaat.

In Al-Jamea-tus-Saifiyah institute had over 500 students, girls and boys, from Pakistan, Malaysia, Indonesia and various other countries. Mr Shah said that Al-Jamea-tus-Saifiyah was the educational legacy of Dawoodi Bohra community and realization of their philosophy. “Striking astounding traditional education and contemporary, Al-Jamea-tus-Saifiyah produces graduates who can thrive in the complex and changing world surroundings.”

The chief minister said that during his visit to the various classes of the institution, library and other facilities he observed that a range of subjects were being taught at Al-Jamea-tus-Saifiyah from Holy Quran and the sciences related to it, Al Hadith, Islamic jurisprudence, classical Arabic language and literature to contemporary English language and literature, O-level science and various social sciences.

He said that he would personally invite Dr Syedna Mufaddal Saifuddin to visit Karachi again. He said Syedna was a great scholar and always preached love, fraternity and respect for humanity. Earlier, the chief minister was accorded a warm welcome when he reached Al-Jamea-tus-Saifiyah. He was received by a large delegation of Bohra Community led by Mr. Kumail Younis.

The chief minister visited all the class rooms of the institute, library, hostel, swimming pool and play area. The chief minister said that the library of Al-Jamea-tus-Saifiyah had great resemblance with the library of Jamea Alazhar University, Egypt. The chief minister on his visit to Al-Jamea-tus-Saifiyah was accompanied by Minister Local Government Saeed Ghani and Advisor to CM on Information Murtaza Wahab.

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Change in provincial government is shattered dream of PTI: CM Sindh Murad Ali Shah

Change in provincial government is shattered dream of PTI: CM Sindh Murad Ali Shah

Change in provincial government is shattered dream of PTI: CM Sindh Murad Ali Shah

Karachi, July 03, 2019: Sindh Chief Minister Syed Murad Ali Shah has said that change in the provincial government of Sindh was a shattered dream of the PTI leadership. “Now, they are trying to resort to magical tricks but these [magical] tricks won’t work in Sindh.”

This he said on Wednesday while talking to media at two different places, Al-Jamea-tus-Safiyah Al-Mahlat al-Burhaniya which he visited in the morning and then at under-construction Shaheed-e-Millat, Tariq Road Inter-section, underpass. He was accompanied by Local Government Minister Saeed Ghani and his Advisor on Information Murtaza Wahab.

The chief minister replying a to a question said that it was a dream of PTI leadership to bring a change in the provincial government but “this dream would never come true because they don’t have numerical strength in the provincial assembly,” he said and added “oh yes, they always play talk about magical tricks under which they believe they have acquired power in the Center,” he said in lighter but critical mood and went on saying “these tricks won’t work in Sindh.”

He said that the federal government was hatching conspiracies against Sindh government. “If you weaken the provinces means you are weakening the federation,” he reminded the federal government.

To another question, Mr Shah said that the person who had no experience of government and its system has been made prime minister. “Now, under the influence of power he [prime minister] has started conducting experiments on the people of Pakistan,” he said and added under his first experiment he deprived poor people of square meals by unleashing Tsunami of price hike in the country.

Mr Shah said that the prime minister was considering everyone as thief and dacoit but he was forgetting that he himself was facing NAB cases. “You cannot rule by suppressing the people and throttling their voice but you have to deal with every one like a good human being and ruler,” he said and added throw threats and suppression you could not silence the people from raising voice for their rights.

To a question, the chief minister said that he was personally against the amnesty schemes because under the scheme the government was going to legalize the ill-gotten wealth people have amassed. “Politicians were not entitled to take benefit from the scheme,” he said. Mr Shah said that when their amnesty scheme has failed they have started conducting raids on houses of the people. “Where we are leading this nation by creating a wave of fear, unrest and insecurity,” he questioned and added in such state of affairs people would fly their capital and business to other countries.

Rana Sanaullah: Replying to a question about the arrest of Rana Sanaullah, Mr Shah condemned it and said this kind of political victimization would further undermine the credibility of the government. “You [PM] are behaving like a dictator and damaging political people – this is not good move and would end up in serious situation,” he said. Mr Shah said that the arrest of Rana Sanaullah would prove to be a charge0-sheet against prime minister.

Karachi: To a question about installation of banners against Sindh government by a political party, the chief minister said that they were making failed attempts to hijack people of Karachi once again. “They have never raised voice for the rights of people of this city but they have always ditched their voters,” he said and added that his government was carrying out development works in the city and serving people without any discrimination. “We know we don’t have any MPA at Shaheed-e-Millat area, Tariq Road, University Road, Shahrah-e-Faisal and various others areas of the city even then we reconstructed road network, laid afresh drainage lines, trying to resolve others issues sincerely,” he said.

These people [who have installed banners against his government] have always played politics of destruction, hatred, divide and destabilization in this city and this was an open secret. “People of Karachi know their friends and foes very well and they would never come into their crocodile tears,” he said and vowed he would resolve all the issues of this city such as water, sanitation, cleanliness and improve investment environment.

Mr Shah said that he visited District Central which was full of filth and garbage. Who is Chairman of the DMC Central, he asked and said it was MQM. “We have provided them funds and they have their own resources and sufficient sanitation staff then why they were not pressing their chairman to clean their districts,” he asked and said “this is politics and they are playing on the pointation of some others.”

KMC: Talking about the performance of the KMC, the chief minister said that it has failed to achieve all its revenue recovery targets from last many years. Instead of taping new revenue sources and enhancing and achieving recovery targets, he [Mayor] was seen always blaming Sindh government for his failures.

The KMC has completely failed to undertake any tangible exercise to control its non-development expenditures, rationalize over-crowded staff, undertake proper use of its funds and resources but just they have set their eyes on provincial government resources which was wrong, he said.

Mr Shah said that the federal government had faced shortfall in its revenue recoveries, therefore they have transferred less funds to the province. “We are facing financial crunch even then we have given sufficient funds to the KMC so that it can serve people of this city but they [KMC] lack sincerity and will to serve the people of this city.

He said that the court has asked the Sindh government to work out a methodology to clear Rs580 million electricity bills of KMC upto March. The provincial government against a Rs580 million electricity bills has already paid over Rs320 million and the remaining amount would also be paid. “But, how long the provincial government would be paying power bills of the KMC, he asked and questioned why the KMC was not creating its own resources.

He said that the prime minister had announced Rs65 billion package for Karachi and a few leaders of PTI and MQM claimed to have brought Rs45 billion but when the budget was announced it turned to be only Rs12 billion. “Why are you not strengthening our hands in getting our due share from the federal government,” he asked the MQM leadership. Why MQM elected representatives did not talk about K-IV in which federal government has stopped funding, he said.

Mr Shah said that presently 400 to 450 MGD water was being supplied to city against the required of around 1200 MGD. The solution of this water shortage lies in completion of K-IV project, he said. Murad Shah said that the federal government was not ready to talk to Sindh government on K-IV and other projects- this kind of attitude was detrimental for national reconstruction.

Plea Bargain: To a question, the chief minister said that he had no knowledge of Khursheed Jamali [of private power plant consultant] request to NAB for plea bargain. “I have nothing to do with the power plant – just I was a provincial minister and had not executed installation or procurement of the power plant,” he said and added “some `political actors’ were spreading baseless propaganda against him,” he said and added “I am not scared of such propaganda because it has no foundation or base,” he said.

PTI against CM in ECP: To a question, the chief minister said that he had heard that the PTI has filed an application against him in the Election Commission of Pakistan for violating code of conduct of election in Ghotki. “I went to the house of Jam Saifullah Dharejo in Karachi where he announced to join PPP,” he said and added “we did not go to his home in Ghotki- how it can be termed as violation of code of conduct,” he asked and said he would file his reply when and if ECP issued him a letter.

He said when schedule of the election was announced the prime minister went to Ghotki to offer condolence for the death of Federal Minister Ali Mohammad Khan Maher. “This was violation of code of conduct,” he said.

Underpasses: Earlier, the chief minister visited under construction Shaheed-e-Millat, Tariq Road Inter-section, underpass and inspected pace and quality of the work. The chief minister was given detailed briefing on the work on the project. The project has been launched for Rs437 million and around 75 percent its work has been completed. The chief minister directed PD Niaz Soomro to complete the project by August 2019.

He also visited under-construction underpass at Hyder Ali Intersection launched for Rs478 million. The chief minister was given detailed briefing by the project Director Niaz Soomro. The project has achieved 60 percent physical progress and would be completed by the start of November 2019.

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Wednesday, July 3, 2019

Traitors do not deserve leniency: Chairman PDP Altaf Shakoor

Traitors do not deserve leniency: Chairman PDP Altaf Shakoor

Traitors do not deserve leniency: Chairman PDP Altaf Shakoor

Karachi, July 3: Pasban Democratic Party (PDP) Chairman Altaf Shakoor has expressed grave concern over the rumors that rulers were striking a hidden deal to release the traitor, Dr Shakil Afridi.

In a statement here Wednesday, he said treason is a serious crime and even recently some senior army officers were given punishments for treason. He said no traitor deserves leniency or special treatment. He regretted that there are wide rumors that the traitor Shakil Afridi would be released under a hidden deal and its responsibility would be put on judicial system. He said such conspiracies would only bring a bad name to our nation and country and our institutions.  He said we should stop to make Pakistan a laughing stock in international community. He said every criminal should be punished as per the law and constitution and no preferential treatment should be offered to anyone to please influential local or foreign quarters. 

Altaf Shakoor said Pakistan needs firm uphold of law and constitution. There should be no two standards for the mighty and the meek. Every person should be made equal before law. He said all hidden conspiracies against this country should be stopped and its image should not be further deteriorated at international level. He said if the rulers go for hidden deals at the cost of supremacy of law and constitution it would result in lack of confidence of people in democracy and democratic system. He said our parliamentarians should assert themselves for safeguarding the constitutional norms and rights and liberties of masses. 

Pasban Democratic Party Chairman said we are confident and hopeful that our independent courts would dole out justice, but the people of Pakistan do not have confidence on the turncoat ruling elite due to their frequent betrayals and u-turns. He said the rulers should give top priority to the national honor and the expectations and aspirations of the Pakistani masses. They should keep the national interest supreme to all other considerations.  He said foreign spies, terrorists and national traitors do not deserve any mercy and they should not be given concessions and preferential treatment. He said if we continue to show double standards over this matter, it would further intensify the hopelessness and disappointment amongst the Pakistan masses. 

Altaf Shakoor said the Paban Democratic Party is working to make Pakistan a law-abiding society where only constitution and law would have supremacy and where constitutional rights of all Pakistanis, irrespective of their social or economic status, are safeguarded. He said this would be possible when the shameful politics of so-called electables is ended for good and true representatives of people are sent to parliament. 

Wednesday, June 26, 2019

Attack on live TV Show -  President PFUJ GM Jamali condemns attack on Imtiaz Faran

Attack on live TV Show - President PFUJ GM Jamali condemns attack on Imtiaz Faran

Attack on live TV Show -  President PFUJ GM Jamali condemns attack on Imtiaz Faran

KARACHI: President Pakistan Federal Union of Journalists (PFUJ) G M Jamali has strongly condemned the attack and torture on President Karachi Press Club (KPC) Imtiaz Faran by a PTI leader.

GM Jamali noted that after harassing and threatening journalists the ruling party (PTI) had now resorted to attack and torture the Media Workers. Reminding that journalists worked under pressure and risked their lives to keep the public informed he praised the way Media Workers united to figure a strategy out in order to protest against the incident. He said that if the journalists come together in such a way most of their problems would be solved.

Hailing the decision to bar PTI leaders from entering all the Press Clubs of Pakistan for three days, he felicitated President KPC Imtiaz, Secretary General KPC Arman Sabir, President Lahore Press Club Arshad Ansari, President Islamabad Press Club Shakil Qarar and Secretary General PFUJ Rana Mohammad Azeem along with all the UJs in Pakistan for the resolve.

GM Jamali warned that if the ruling party failed to shun this kind of approach against journalists’ fraternity, stern action would be taken against it. He stated that journalists’ fraternity had always played its due role to strengthen the democratic institutions and would continue to do so.

President PFUJ GM Jamali stated that the International Federation of Journalists had also been informed about the attack and torture by PTI leader on KPC President Imtiaz Faran and it is expected that, like all over Pakistan, globally voice would also be raised.

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