These days the Kalri Lake is gaining popularity
as a picnic spot. But, regrettably, though the
authorities are charging a high entry fee, essential
facilities are not available there. For example,
there is no public lavatory and visitors, particularly
women, have to face hardships on this account.
I request the concerned authority to provide this
facility and also construct cemented umbrellas
besides making arrangements for the supply of
drinking water.
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Income
tax on savings scheme
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This is with reference to the
news reports about income tax on profits on
Defence Savings Certificates and Special Savings
Certificates and tax returns. The investors
of National Savings Centers Schemes of Defence
Savings Certificates and Special Savings Certificates
should be fully aware in all respects of the
following:
- For certificates issued from
July 1, 2001, onwards, if the total investment
value exceeds Rs300000 the withholding tax
is applicable at 10 per cent on profit earned.
From July 1, 2002, onwards, if the total investment
value exceeds Rs150000 withholding tax is
applicable at 10 per cent on profit earned.
- Tax deducted at source at 10
per cent of profit is not a final discharge
of tax liability.
- Investors of National Savings
Schemes whose annual income exceeds Rs60000
are required to file a normal income tax return.
- Final tax computation will
be based on normal tax rate table for the
relevant tax year.
- For low investment values of
National Savings Schemes, refunds are created,
taxpayers are entitled to claim adjustment
for tax withheld against their final tax liability.
- Excess computed tax (refunds)
withheld is only adjustable against other
tax liability of the taxpayer in the relevant
tax year and not refundable.
- For higher investment values
of National Savings Schemes, income slides
into higher tax slab brackets, resulting in
additional tax payable along with the tax
returns, further causes to reduce the net
yield of profits, after payment of final tax
along with income tax returns.
National savings schemes investors
must maintain records of withholding tax deduction
certificates, Zakat deduction certificates, photocopies
of matured certificates before surrendering for
encashment, and bank statements. In the past,
profits earned from investments in National Savings
Centers Schemes were exempted from income tax,
but from July 1, 2001, onwards incomes of NSC
Schemes have become taxable.
It has been observed that investors of NSC Schemes
are ignorant of the fact that under certain conditions
they are required to file income tax returns.
Further, neither the Central Board of Revenue
nor the National Savings Centres are informing
the NSC Schemes investors as to what they are
required to do in respect of taxation. It is a
basic responsibility of both the concerned authorities
to educate the NSC Schemes investors on taxation.
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"Ulema are warned against using religion
for political purposes," so said the Interior
Minister (June 26). The point to be clarified
is whether it includes the laying of wreaths by
our VIPs on the graves of saints, which is frequently
shown in PTV's news, to gain political mileage
among the masses.
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In Karachi, those who live in apartments have
to face a peculiar problem because of the growing
habit of visitors blowing the horns of their cars
to seek the attention of the person or the family
they want to call. For apartment dwellers, this
is nothing but torture because neither the visitors
have the patience to wait after blowing their
horns once, nor do the respondents act quickly
enough to come out in their balconies and respond.
The drivers of school vans who come to pick up
school children blow the most horrible horns early
in the morning. These people do not realize that
somebody could be sick or somebody could be busy
preparing for the examinations. Would the concerned
authorities look into the matter?.
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Sindh occupies the position of a pioneer in the
field of teacher training, as the first institution
of its kind, Normal Training College, was established
in Karachi in 1854, which was later shifted to
Hyderabad in 1864 and is now working as Government
Elementary College of Education (Men), Hyderabad.
At present, there are 23 elementary colleges of
education offering pre-service training and 14
other institutions that offer in-service teacher
training programmes for primary school teachers.
One more training centre, the PITE, has been recently
established at Nawabshah. More stress has been
laid on the professional development of primary
school teachers (PSTs) and junior school teachers
(JSTs) who teach classes I to VIII.
The government of Sindh made substantial financial
allocation of Rs10 million for the training of
PSTs/JSTs during 2001-2002. This will undoubtedly
improve the quality of education. The Bureau of
Curriculum and Extension Wing Sindh at Jamshoro,
being the organization responsible for the improvement
of quality education at various levels in the
province, developed a plan of one-month extensive
orientation of 3,091 PSTs and JSTs in the subjects
of Science, Mathematics, English, Urdu, Sindhi,
Social Studies, Islamiat and Computer Literacy.
During the conduct of these courses, scholars
and social scientists were invited to give lecturers
on a variety of topics such as human rights, elimination
of all forms of discrimination against women,
rights of the child, honour killings, population
planning and environmental pollution. These lectures
will surely help the teachers and through them
the students
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