Income Tax Rates for Salaried Income for fiscal Year 2018-19 in Pakistan

As this year the government in Pakistan have been changed and power have been transferred from Pakistan Muslim League – Nawaz (PML-N) to Pakistan Tehreek-e-Insaf (PTI), so two budgets were presented. One from the leaving government and one from new PTI Government. So there was a lot of confusion regarding the income tax rates for upcoming tax payment for fiscal year 2018-19, the tax which will be due for payment just after June 2019. So to clear this we have done some research and here is what FBR have to say about the tax rates for salaried income for Fiscal Year 2018-19. # Income Category Yearly Tax Amount 1 Taxable Income below 400,000 0% 2 Taxable Income between 400,000 and […]

PTI Takes its Decision Back to Appoint Nasir Khosa as a Caretaker Chief Minister of Punjab

Pakistan Threek-e-Insaf has taken the U-turn and changed its decision of appointing or nominating Mr. Nasir Saeed Khosa as a former Chief Minister of Pakistan. This decision has been made with the mutual collaboration of both parties Pakistan Muslim League-N and PTI. The consultation has been done between Mian Shahbaz Shareef and Main Mahmood ur Rasheed to nominate Khosa as former Chief Minister. Both of them discussed briefly on this matter for a long time and agreed on it. Mian Mahmood ur Rasheed said, “Proper consultations were not held and the decision was taken in haste.” Shahbaz Shareef tweeted on Monday, “Glad to announce that Leader of the opposition Punjab and I have agreed on the name of Nasir Saeed […]

Has Imran Khan Lost his Way?

No, it does not start from Imran Khan, it starts from the Barack Obama, who is the current president of United States of America (USA). Once, very long time ago, I was listening to speech of Barack Obama, what I liked about his speech was, he not just made the promises, but made promises with supporting stats. About everything he was talking, he was giving the current stats for it, he had proper research done on issues and than was telling, in next year or so, I will improve this thing to this level, that too with stats. You know what I am talking about, the promises with proper stats and complete assessment of current situation of an issue. Now, […]

PTI Rallies Schedule for December 2014

On 30 November Imran Khan announced that if government doesn’t come on dialog table with us we will block different cities and finally whole country as last resort. He had given a schedule of rallies in different cities of Pakistan but on very next day the dates were changed for rallies. Following is latest Schedule of PTI Rallies for December 2014 with city names. 8th December: PTI Rally in Faisalabad 12th December: PTI Rally in Karachi 15th December: PTI Rally in Lahore 18th December: PTI Rallies all over the country Imran Khan in his speech on 3oth November 2014 said that if government does not hear our demands and does not negotiate with us, we will first close down different […]