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June 12, 2023June 12, 2023

The WTC Victory By Australia What Does It Imply For The Ashes?

June 12, 2023 / By Zunair Tahir / Sport News

As they clear the cobwebs in style, Boland’s metronomic precision and Smith’s menacing form bode well for the side.

Australia’s triumph in the World Test Championship [WTC] final was a historical event in and of itself. It marked the end of an amazing two years and secured the sole championship that had not yet been added to their collection of trophies. But this trip has only just begun; it wasn’t a one-off game.

The men’s Ashes start on Friday at Edgbaston, so let’s look at what Australia’s performance at The Oval may signify versus England while the players enjoy a day or two off.

Using A New Framework From Apple, Windows Games May Now Be Played On MacOS

June 11, 2023 / By Zunair Tahir / Tech News

Developers may save months of preparation work and see how their games appear on a MacBook in only a few days.

To improve the process of porting games from Windows to Mac simpler and faster, Apple has developed a new Game Porting Toolkit.

In Jail, Parvez Elahi’s Health Deteriorates

June 11, 2023 / By Zunair Tahir / Pakistan News

After a brief visit to PIC for heart testing, the former chief minister of Punjab moved back to jail.

According to News, Chaudhry Parvez Elahi, the central president of the Pakistan Tehreek-e-Insaf (PTI) and a former chief minister of the Punjab, has been suffering from failing health while incarcerated.

Air Taxi Service To Launch On June 18

June 11, 2023 / By Zunair Tahir / Pakistan News

The CEO of Sky Wings claims that service would eventually be extended nationally.

Imran Aslam Khan, Chief Operating Officer (COO) of Sky Wings, revealed on Saturday that Pakistan’s first air taxi service would formally launch on June 18 following the arrival of the company’s two aircraft in Karachi.

According To The COO, There Are About 29 Airstrips Across The Nation, With About Eight Of Them Being Completely Operational

After the official ceremony in Karachi, COO Aslam announced at a press conference that the online application for using the air taxi service will be accessible in a few days.

India And Pakistan Agree To Play Their World Cup Encounter In Ahmedabad

June 11, 2023 / By Zunair Tahir / Sport News

Pakistan first had worries about performing in Ahmedabad for security grounds. The location of the World Cup match between India and Pakistan has been decided, according to an agreement between the Board of Control for Cricket in India (BCCI) and the Pakistan Cricket Board (PCB).

Pakistan has finally accepted to take on India at the Narendra Modi Stadium in Ahmedabad, India, according to a report from Dainik Jagran.

After 27 Years, India Will Host The 71st Miss World In 2023

June 10, 2023 / By Zunair Tahir / Fashion News

India will host the 71st Miss World Final, according to the Miss World Organization, making a successful comeback after an almost three-decade hiatus.

The famous beauty pageant, which was last hosted in India in 1996, will bring together competitors from more than 130 nations to display their special abilities, curiosities, and compassion in a series of demanding contests, according to the Hindustan Times.

With The Miss World Pageant, India Has A Fascinating History

The 71st Miss World Final will now be held in India, announced Julia Morley, Chairperson and CEO of the Miss World Organization, who said, “I am happy to announce India as the new home of the Miss World Final! India has always held a special place in my heart ever since I first travelled there more than 30 years ago! We can’t wait to introduce the rest of the globe to your distinctive and varied culture, top-notch landmarks, and gorgeous settings.

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What Actually New Budget 2023-24 Is For ???

June 10, 2023 / By Zunair Tahir / Pakistan News

The budget for fiscal year 2023–24, like the majority of recent budgets, places a significant emphasis on borrowing money to finance expenditures, despite the fact that a sizable portion (more than 50%) of current expenses go towards debt payment.

Despite a narrative that indicates otherwise, the process taken to create this year’s budget wasn’t particularly novel, but some of the actions were.

The government has significantly raised the amount of money that may be sent from outside Pakistan without any questions being asked about the source, which is one of them.

A “bar on asking nature and source of unexplained income/assets” is proposed to be placed on this ceiling, which would be raised from Rs5 million to $100,000 (approximately Rs30 million). This action is most likely an effort to increase the nation’s diminishing foreign exchange reserves, which are now less than $4 billion and barely cover a month’s worth of imports.

In an effort to stop the flow of dollars out of the nation, the administration has also suggested raising the withholding tax rate on payments made to “non-residents through debit/credit or prepaid cards” from 1 to 5 percent. If this proposal were to be ultimately accepted, all foreign online purchases (including those from Netflix and Amazon) would become more expensive.

Another new initiative put up by the finance minister aims to make it easier for small and medium-sized businesses (SMEs) to receive bank loans.

Ishaq Dar brought up a central bank program that allows SMEs to refinance their debts at a 6 percent markup during his address. But he emphasized that banks are reluctant to lend to SMEs since they frequently lack a credit history.

The finance minister stated that this will be fixed by the government taking up 20% of the risk for loans made to SMEs under this program.

The budget for this year also included incentives for IT experts and services, giving Pakistani freelancers who provide IT services to overseas businesses the status of a cottage industry. Therefore, independent exporters won’t need to submit a sales tax report.

Additionally, “old and used vehicles of Asian makes above 1300cc” imports are no longer subject to set duty and tax ceilings.

This implies that reconditioned 1300cc automobiles from China and Japan, which have a considerable market in Pakistan, would probably cost more. Smaller vehicles like the Mira and Alto would not be impacted by this change.

Additionally, “old and used vehicles of Asian makes above 1300cc” imports are no longer subject to set duty and tax ceilings.

The budget offered, among other important sales tax or customs duty exemptions:

Customs tariffs on nappy and sanitary product raw components are exempt.
Customs charges on prawns, prawns and juveniles imported for breeding in industrial fish farms and hatcheries are exempt.

The prohibition on buying second-hand clothes has been lifted. The exemption of contraceptives and their accessories from sales tax.

For nonresident individuals who possess a National Identify Card for Overseas Pakistanis/Pakistan Origin Card and purchase real estate using foreign remittances sent from overseas, there is a 2 percent final withholding tax exemption.

For a builder, a 10% tax liability reduction or Rs. 5 million, whichever is less, and for a person, a 10% tax liability reduction or Rs. 1 million, whichever is less, for three years of self-construction of a home.

In contrast, there were several actions that may affect the average person’s finances:

The elimination of the sales tax exemption for foods sold in large quantities under brand names or trademarks.

An increase in the lower rate of sales tax on supplies produced by point-of-sale shops selling leather and textile items from 12 percent to 15 percent.

The suggested tax rate for electric power transmission services is 15%.

0.6 percent advance adjustable withholding tax will once again be applied to cash withdrawals made by inactive taxpayers.

An increase in the rate of withholding tax on payments made to non-residents using debit, credit, or prepaid cards from 1 percent to 5 percent. (Taxpayers who are not active pay two to ten percent).

It is suggested to impose a federal excise levy of Rs 2,000 per energy-inefficient fan and Rs 20 per cent of the value on incandescent bulbs.

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After WEC Eliminates The LMP2 Class, United Autosports Will Join IMSA In 2024

June 9, 2023 / By Zunair Tahir / Automotive News

After learning on Friday that there will be no P2 class in the world championship the following year, the 2019–20 P2 champion team made the announcement.

United, which is co-owned by McLaren Racing manager Zak Brown, will continue to participate in both the European and Asian Le Mans Series in addition to making its maiden full-season IMSA assault with a pair of ORECA-Gibson 07s.

Richard Dean, team manager, stated that the “foreseeable future” involved the “redirection of our entire WEC team” to IMSA.

After attending a total of eight races in the North American series since 2018, he disclosed that participating in IMSA full-time was a long-held goal for United.

“It’s easy for us to say that we have always wanted to do a full season in IMSA right now, but it’s true,” he said in an interview with Autosport. This has given us the motivation we needed to get started.

Dean called the elimination of P2 from the WEC “a shame,” although he claimed to understand the FIA and Automobile Club de l’Ouest’s reasoning.

It is a direct outcome of Hypercar’s success, which can only be positive for the sport as a whole, he added.

As the Hypercar field grid grows to 20 or more vehicles and the new LMGT3 class replaces GTE Am, there won’t be enough for P2.

Dean emphasized that United continues to have aspirations of joining the WEC’s top class in the future.

The objective hasn’t altered; we still aspire to compete in Hypercar races, he stated.

“We are still working on it and pushing hard, but if it is going to happen, there has to be a door that’s unlocked.”

According to Dean, United is not discounting the difficulty of competing in IMSA.

It would be completely incorrect to think that we will perform similarly in IMSA, he added. “We have won races in the WEC, ELMS, and Asian series every time we have entered cars,” he said.

“It is very different, and we are not underestimating the challenge.”

Dean stated that no drivers have yet been signed by United for its IMSA project.

Additionally, he reiterated United’s plan to submit a proposal for two of the 15 grid spots at the Le Mans 24 Hours that are set aside for P2 competitors in 2019.

It will remain in the ELMS with a project centered on LMP2, and it also plans to continue in the enlarged 2024 Asian series in both P2 and LMP3.

At the 2018 Daytona 24 Hours, United entered its first independent IMSA event with a Ligier-Gibson JS P217 for Fernando Alonso, Lando Norris, and Phil Hanson.

Its most recent American performance was an ORECA in the Daytona and Sebring endurance races in 2017.

In 2011, United entered vehicles in two significant US endurance races alongside other teams.

In order to field a Riley-Ford MkXX at Daytona during a Grand American Sportscar Series event, it teamed up with Michael Shank Racing. Later, it collaborated with OAK Racing to run a Pescarolo-Judd/BMW 01 LMP2 at the American Le Mans Series 1000-mile enduro at Road Atlanta.

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Ronaldo’s Club Will Be Taken Over By A Saudi Wealth Fund

June 6, 2023 / By Zunair Tahir / Sport News

As the government revives a proposal to privatise a number of state-owned sports organizations, the sovereign wealth fund of Saudi Arabia will assume ownership of four of the biggest football teams in the country, including Al-Nassr, where Cristiano Ronaldo now plays.

Following a report by Saudi Arabia’s state news agency SPA that the country will begin privatizing a number of sports clubs in the fourth quarter, the sports ministry said on Twitter on Monday that the Public Investment Fund (PIF) will control 75% of al-Ittihad, Al-Ahli, Al-Nassr, and Al-Hilal.

With the exception of Al-Ahli, who plays in the Saudi First Division, all are in the top-flight Saudi Professional League. PIF has already taken control of a number of businesses before partially privatizing them.

One of the cornerstones of the government’s Vision 2030 economic diversification strategy, which is focused on PIF and strives to establish new businesses and generate employment, is sports.

The Saudi Crown Prince Mohammed bin Salman’s privatization proposal, which is primarily aimed at football clubs, permits businesses and development organizations to invest in and assume control of clubs, according to SPA earlier on Monday.

By 2030, the Saudi Professional League’s income is expected to climb from 450 million Saudi Riyals to 1.8 billion Riyals ($480 million). Over the same time period, it anticipates that its market value will increase from 3 billion riyals to over 8 billion.

Al-Suqoor, a Second Division football team, will become a corporation and be controlled by NEOM, the organisation driving the kingdom’s plan to construct a futuristic metropolis in the desert, according to the sports ministry.

Al-Qadsiah of the Saudi First Division will be owned by the Saudi oil firm Aramco, Alula FC of the Third Division by the Royal Commission for Al-Ula, and al-Diraiyah FC of the First Division by the Diriyah Gate Development Authority.

According to reports, Saudi Arabia recruited the local private investment bank Jadwa Investment in February 2017 to provide advice on the privatization of up to five football clubs.

However, the country’s football federation’s then-president stated in early 2019: “I don’t know whether it will be 2020 or 2022 until the plan is ready.” The monarchy has been investing much in improving its football position in the meanwhile. In October 2021, Newcastle United of the Premier League was purchased by a group led by PIF.

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Apple Will Launch Mixed Reality Headset

June 5, 2023 / By Zunair Tahir / Tech News

The “Reality Pro,” as it is rumored to be called, may pit Apple and Meta against one another in a technical battle where the physical and digital worlds collide.

Apple Inc. is anticipated to introduce new mixed-reality headgear on Monday at its annual Worldwide Developers Conference in California. Apple has been promoting augmented reality features for its iPhones and iPads since 2017.

It would be the tech giant’s biggest product launch since the 2015 debut of the Apple Watch.

What is known about the “Reality Pro” headset from Apple

According to media sources quoting experts, Apple is anticipated to highlight a “Reality Pro” headset, with a price tag of roughly $3,000 and specially developed software for the equipment that may resemble a pair of ski goggles.

A sleek Apple family design is anticipated for the goggles, along with the option to switch between virtual and augmented reality, often known as mixed reality or external reality (XR).

Although there are huge expectations for Apple to offer innovative technologies, the goggle’s expensive price may disappoint many ardent supporters.

Apple could only sell 150,000 pieces of the headset during its first year on the market, according to analyst Dan Ives of Wedbush Securities. This is a low number for a firm that yearly sells more than 200 million units of its flagship product, the iPhone.

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The WTC Victory By Australia What Does It Imply For The Ashes?

READ MORE: India And Pakistan Agree To Play Their World Cup Encounter In Ahmedabad

Using A New Framework From Apple, Windows Games May Now Be Played On MacOS

READ MORE: Apple Will Launch Mixed Reality Headset

In Jail, Parvez Elahi’s Health Deteriorates

READ MORE : What Actually New Budget 2023-24 Is For ???

Air Taxi Service To Launch On June 18

According To The COO, There Are About 29 Airstrips Across The Nation, With About Eight Of Them Being Completely Operational

READ MORE: What Actually New Budget 2023-24 Is For ???

India And Pakistan Agree To Play Their World Cup Encounter In Ahmedabad

READ MORE: Budget For Sports Has Been Significantly Reduced

After 27 Years, India Will Host The 71st Miss World In 2023

With The Miss World Pageant, India Has A Fascinating History

READ MORE: Alpinestars Extends Catalogue With The New Calibre Slim Fit Tech Pants

Have A Comment To Make? Let Us Know In The Comments

What Actually New Budget 2023-24 Is For ???

After WEC Eliminates The LMP2 Class, United Autosports Will Join IMSA In 2024

Ronaldo’s Club Will Be Taken Over By A Saudi Wealth Fund

Apple Will Launch Mixed Reality Headset

Read More: The Most Powerful And Expensive Sony Sensor Will Be Used In The iPhone 15 Pro Max

What is known about the “Reality Pro” headset from Apple

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