ASC Law Forum

Relief on income tax for salaried persons reduced after amendments in Finance Act Listen ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) government on Thursday introduced amendments in the Income Tax Ordinance of Finance Act 2018. Following the amendments the relief provided by PML-N government in its last budget for the salaried person on their taxable income has been reduced. The amendment draft will be presented  in the National Assembly for approval. Now for the salaried persons with annual income of Rs400,000 to Rs800,000 will pay Rs1,000 as tax. The persons with annual salary upto Rs400,000 are exempted from tax. Rs2,000 tax will be applicable for persons having salary between Rs800,000 to Rs1.2 million, while 5 percent of their income will be deducted as tax for salaried persons earning Rs1.2 million to 2.4 million annually. In the next slab, those earning Rs2.4 million to Rs4.8 million per annum will pay tax worth Rs60,000, while those with salary

MOTIVATION Bill Gates 1st startup Traf-O-Data was a failure in 70’s – Failure is just a word if you look back at your mistakes by   Hisham Sarwar  Twitter  |   Facebook  |   Google Plus 2 days ago 135  Views We all know Bill Gates as the world’s second  richest man , co-founder Microsoft and now a philanthropist running  Bill & Melinda Gates Foundation . He is a college dropout who turned out to be the most successful icon in Software industry. Gates, had a vision of seeing computer in every house in late 70’s What? , Computers, why would someone replace their typewriter for an electronic, non friendly big machine connected with entangling wires, people thought in 70’s. Today the digital revolution owes a lot to Bill Gates, for his wisdom, innovation and giving graphical interface to ever so boring computer operating systems before Windows 95. Windows 95 changed the digital landscape and opened doors for better earning opportunities, it changed everyone’s perception

NRO case: No to Zardari, Musharraf affidavits Listen ISLAMABAD: The Supreme Court (SC) on Wednesday expressed dissatisfaction over the affidavits submitted by former presidents Asif Ali Zardari and General (retd) Pervez Musharraf regarding their assets and directed them to provide within three weeks the 10-year record of assets and foreign and local bank accounts owned by them. A three-member bench of the apex court, headed by Chief Justice Mian Saqib Nisar and comprising Justice Umer Ata Bandial and Justice Ijazul Ahsen, resumed hearing into the petition filed by Feroz Shah Gilani, praying to order recovery of ‘huge amounts of public money’ misappropriated and wasted by them through unlawful means ‘already on record in different judgments of the Supreme Court and high court'. The petitioner had made former presidents Pervez Musharraf, Asif Ali Zardari and former attorney general Malik Qayyum as respondents. The petitioner had contended that Pervez Musharr

World Bank ready to support reform agenda of new Pakistani govt Listen ISLAMABAD: The World Bank Wednesday said it was ready to support the reform plans of the new Pakistani government for stabilizing the economy and accelerating growth to end poverty and boost prosperity. The commitment was made by the World Bank’s newly appointed Vice President for the South Asia Region, Hartwig Schafer, when he met the government and key counterparts to discuss Pakistan’s development priorities and reform agenda, according to a statement issued by the World Bank. “The visit gave me an opportunity to learn more about how we support millions of people in Pakistan, especially the youth, through investments in health, nutrition, education, skills and the digital economy,” Schafer said. During his two-day stay in Islamabad, Schafer met Finance Minister Asad Umar, Foreign Minister Shah Mehmood Qureshi, and Advisor, Commerce, Textile, Industry and Production, and Investment Razza

What are the best recommended research topics on databases according to edge technologies and recent research trends? Acording to the  DBWorld  mailing list trends the hottest topic of research today is  Distributed Databases   (tera-scale and peta-scale):  http://www.cs.wisc.edu/dbworld/ Also see  VLDB  conference program:  http://www.vldb2010.org/accept.htm  and  CIDR :  http://www.cidrdb.org/cidr2011/p... Check out  Google Research   papers on  Distributed Systems  :  http://research.google.com/pubs/...  and  Information Retrieval  :  http://research.google.com/pubs/...  and  What are the most interesting Google Research papers? See  Microsoft (company) 's  recent publications in the field:  http://research.microsoft.com/en...  and the list of major conferences:  http://academic.research.microso... I highly recommend the research blog by  Daniel Abadi  for some emerging topics and trends:  http://dbmsmusings.blogspot.com/  and his publications:  http://cs-www.cs.ya

Opposition split paves easy path for Arif Alvi By  Irfan Ghauri Published: August 28, 2018 SHARE   TWEET   EMAIL Monday noon was the deadline for submission of nominations and Ahsan and Fazl filed their separate nominations. PHOTO:FILE ISLAMABAD:  Efforts to regroup the opposition against the ruling coalition for the September 4 presidential elections, have failed as two candidates – Pakistan Peoples Party (PPP) leader Aitzaz Ahsan and Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman – on Monday separately filed nominations from the opposition side to compete against PTI’s Dr Arif Alvi. Fazl made yet another failed attempt to woo the PPP to withdraw its candidate later in the evening. He met former president Asif Ali Zardari and requested him to withdraw PPP’s candidate, which the latter declined. Division in the opposition ranks would benefit the PTI, which could have faced tough competition had the opposition been united. Ahsan only appears to