Salman Alwani

Beautiful Iran. Beautiful Isfahan. Ancient history that belongs to all mankind.,

Investing in a Pension Fund is one of the most underrated tax moves available to salaried Pakistanis. Section 63 of the Income Tax Ordinance 2001 gives you a direct tax credit — not a deduction, a credit — meaning rupee-for-rupee reduction in your tax bill. Here's everything you need to know. THE 3 PILLARS THAT CONTROL YOUR CREDIT ① Taxable Income — salary PLUS every taxable perk, allowance or benefit your employer gives you (cash or non-cash) ② Tax Payable — your actual tax liability on that income ③ Average Tax Rate — Tax Payable ÷ Taxable Income This average rate is applied to your pension fund investment to calculate your credit. Change any one of these three and your credit changes too. THE FORMULA Step 1 → Average Tax Rate = Tax Payable ÷ Taxable Income Step 2 → Eligible Investment = lower of 20% of Taxable Income OR Actual Investment Step 3 → Tax Credit = Eligible Investment × Average Tax Rate EXAMPLE — Monthly Salary Rs. 400,000 Annual Taxable Income → Rs. 4,800,000 Tax Payable → Rs. 861,000 Average Tax Rate → 17.94% Max Eligible Investment → Rs. 960,000 Tax Credit = Rs. 172,200 Add a conservative 9% fund return on your investment= Rs. 86,400 Total Year 1 gain = Rs. 258,600 on Rs. 960,000 invested — an effective 26.94% return. GOT A BONUS? YOUR CREDIT GOES UP Add a Rs. 500,000 December bonus: Revised Taxable Income → Rs. 5,300,000 Revised Tax Payable → Rs. 1,036,000 Revised Average Tax Rate → 19.55% Revised Eligible Investment → Rs. 1,060,000 Revised Tax Credit → Rs. 207,200 Every taxable benefit your employer gives you — cash bonus, car allowance, housing perk — increases your eligible ceiling and your credit. Your taxable income is not a fixed number. Track it throughout the year. BUSTING THE BIGGEST MYTH "Your money gets locked in the pension fund." Wrong. What is restricted is tax-free withdrawal — not access to your money itself. You can withdraw any time. Tax is deducted at your average rate from your last 3 filed returns — tax you would have paid on your salary had you never invested. So where is the loss? There is none. THE TIMING TRAP NOBODY TALKS ABOUT Your employer gives you the credit by reducing monthly tax deductions. But if he has already deposited most of your annual tax to FBR, he may not have enough left to give you the full credit. Annual tax payable → Rs. 861,000 Deposited in 10 months → Rs. 717,500 Remaining with employer → Rs. 143,500 Your entitled credit → Rs. 172,200 Shortfall → Rs. 28,700 That Rs. 28,700 becomes a refund claim with FBR. Anyone who has dealt with FBR refunds knows what that means — years, notices, follow-ups, maybe never. Invest early. July to December is the sweet spot. Do not wait until March-June. HOW MUCH TO INVEST? The eligible amount is a ceiling, not a floor. You do not have to invest Rs. 960,000 in one shot(in above example). → Rs. 50,000/month via standing instruction or whatever amount as per your convenience → Lump sum whenever you have liquidity → Transfer your company provident fund if it earns zero return — same money, tax credit + investment returns both Invest slightly above your base calculation to absorb any bonus or perk that arrives mid-year without missing the additional credit. YOUR CHECKLIST ① Calculate annual taxable income — salary + all perks ② Compute tax payable and your average tax rate ③ Eligible investment = lower of 20% of taxable income or actual amount ④ Invest early — July/August ideally ⑤ Submit proof to your employer immediately ⑥ Track every bonus and top up accordingly

In response to Trump’s threat to vaporise Iranian power plants and bridges… Ali Ghamsari, the famous Iranian musician says that he will remain outside the Iranian power plants and keep playing the music of peace and love. Yaar, how brave this nation is!

CN Tower, Toronto, Ontario 🇨🇦

Remove these verbs from your CV ❌Managed ✅Supervised ❌Ran ✅Executed ❌Conducted ✅Carried Out ❌Utilized ✅Leveraged ❌Wrote ✅Authored ❌Handled (Ability to manage) ✅Controlled ❌Was part of ✅Participated ❌Contributed to ✅Collaborated ❌Gained experience in ✅Acquired proficiency in ❌Managed ✅Directed ❌Responsible for ✅Oversaw ❌Worked (Organized) ✅Orchestrated ❌Did ✅Accomplished ❌Helped ✅Facilitated ❌Made ✅Crafted

🇬🇧🇵🇰 A Pleasant Royal Encounter in London Pakistan’s Senator Nasir Butt @nasirbuttuk had a memorable and unexpected meeting with His Majesty King Charles III during a walk in a London park. During the brief interaction, King Charles spoke warmly about Pakistan and conveyed his goodwill for its people. Senator Butt also extended an invitation for the King to visit Pakistan, to which His Majesty responded positively, expressing his desire to visit in the near future. A moment of goodwill strengthening people-to-people ties between 🇵🇰 and 🇬🇧. #Pakistan #UK #KingCharles #Diplomacy #londonspirit

Canada is home to more than 120,000 Ismailis — a community that helps shape our country for the better every day. I met with His Highness the Aga Khan in Ottawa to talk about how we can work together on our shared priorities here in Canada and aroun...

Mineral & Deficiency Diseases

In English we say: “Performance reward.” But in corporate we say: “Give the employee a 2% raise and a shopping voucher, then reward the boss with a holiday ticket and a 30% salary increase.”

Ghar par hi banaiye har Indian ka favourite post-meal drink 😎 #sanjeevkapoor #sanjeevkapoorkhazana #masalajeeru #summerdrink #summerrecipes

Most people say "my back hurts." But your back pain location actually tells a story…😰 Different areas of the spine usually point to different underlying problems Here are some of the most common types of back pain:

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A man in Dubai suffered a sudden heart attack, within moments responders acted, using an advanced CPR machine to bring him back to life. 🇦🇪⛑️

Your fan has been lying to you

@sig_aku All the best everyone and welcome on board

Meet the SIG Core Team 2026–2027! This year’s team brings together dedicated and innovative minds committed to strengthening surgical learning and creating new opportunities for students.

Your current salary is too High - 𝗥𝗲𝗷𝗲𝗰𝘁𝗲𝗱 You are over 40 - 𝗥𝗲𝗷𝗲𝗰𝘁𝗲𝗱 You have No Experience - 𝗥𝗲𝗷𝗲𝗰𝘁𝗲𝗱 Your Experience is too much - 𝗥𝗲𝗷𝗲𝗰𝘁𝗲𝗱 Your Notice period is three Months. We are looking for immediate hiring, we cannot hire you - 𝗥𝗲𝗷𝗲𝗰𝘁𝗲𝗱 Don't take it on heart if someone reject you, believe me, better things are on the way...) Be Patient. Great things takes time

Get hot cross buns at Karachi’s Misquita Bakery

Exercises to improve shoulder-arm strength and improve range of flexibility

Shoulder pain? Do this