Travel
FACT CHECK
字号+ Author:Smart News Source:Business 2025-01-13 08:07:38 I want to comment(0)
FACT CHECK: This is with reference to the article ‘The last of the maestros’ (Icon, Nov 3). The obituary of Ustad Tafu Khan was informative, but erred while claiming that “Ustad Allah Rakha Khan and Tafu were both students of the famous Shaukat Hussain Khan.” A quick fact check on the internet would have clarified that it is impossible. Ustad Allah Rakha was born in 1919, a good 11 years before Shaukat Khan Sahib. Actually, they both were students of Mian Qadir Baksh. Unfortunately, such errors truly hurt the credibility of the articles because the reader can no longer be confident about the authenticity of other pieces of information in them. Recently, I was reading about the exem-plary life and the remarkable achievements of Air Marshal (retd) Nur Khan. I was amazed to know how he ran the Pakistan International Airlines (PIA), one of the best airlines in the world in the 1960s and 1970s. Besides, he put Pakistan among the very best in the fields of hockey and squash. He kept sports away from turbulent politics. The main and only criterion was merit, and the world could see the results of such a policy. If we want to achieve the same level of success, we will have to roll back in that frame of mind. The government should scale down the withholding tax deduction on profits of depositors. It was raised to 15 per cent for income tax return filers and 30pc for non-filers when the returns on deposits were high at about 21pc. Now, when the inflation is down and policy rate has been scaled down to 15pc, the profit returns on deposits have also gone down drastically. This is painful, especially for the small depositors as well as retired people. The withholding tax on such profits may be slashed back to the original 5pc for filers and 15pc for non-filers. The authorities need to revisit the policy.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Romania braces for parliament vote after far right’s poll upset
2025-01-13 07:06
-
Azerbaijan Airlines says plane crashed after ‘external interference’ as questions mount over possible Russian involvement
2025-01-13 06:36
-
Russian cargo ship sinks in Mediterranean after engine room explosion, Moscow says
2025-01-13 06:21
-
At least one killed and several embassies damaged in ‘barbaric’ Russian missile barrage on Kyiv, Ukraine says
2025-01-13 06:09
User Reviews
Recommended Reads
Hot Information
- Experts say US needs to expand engagement with Pakistan beyond security-centric approach
- Azerbaijan Airlines plane crashes in Kazakhstan, leaving 38 dead, 29 survivors, officials say
- Thousands of liters of chemicals dumped into Brazilian river during deadly bridge collapse
- Azerbaijan Airlines says plane crashed after ‘external interference’ as questions mount over possible Russian involvement
- Ajoka to perform Bala King at FLF
- Azerbaijan Airlines says plane crashed after ‘external interference’ as questions mount over possible Russian involvement
- Azerbaijan Airlines says plane crashed after ‘external interference’ as questions mount over possible Russian involvement
- Russian cargo ship sinks in Mediterranean after engine room explosion, Moscow says
- Rallies held across Sindh to condemn terror attack in Kurram
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content