Latest news with #CPC
Express Tribune
3 hours ago
- Business
- Express Tribune
'Budget deepening inequality'
Listen to article After the federal budget, ordinary citizens face growing financial pressure while the elite continue to enjoy privileges, economic nationalists said. They criticised the 2025-2026 federal budget as a collection of unrealistic ambitions and contradictions, claiming it has failed to offer meaningful relief for the public. According to them, the budget is full of unrealistic ambitions and contradictions. It has failed to provide any substantial relief in essential areas such as poverty eradication, job creation, healthcare, and education. Instead, a series of new direct and indirect taxes has made basic necessitiesincluding flour, cooking oil, tea, and milkmore expensive. They fear that rather than alleviating poverty, the budget is likely to further increase the miseries of common people. Thus, the nation's wealth is being further diverted toward the privileged class — affluent businessmen, influential manufacturers, and manipulated chambers, who may have big visions, but not big hearts for the common people. They said solar energy has become a public good providing much needed relief to common people who have been under the onslaught of unbearable utility bills. Ironically, the current budget has imposed a new 18 % tax on solar panels thus producing a new killing blow to common people further marginalising their lives, funds and savings alike. Despite the government's tall claims, the gap between the state and society continues to widen, inching toward social unrest. The political capital of the incumbent government is under serious threat. High inflation, rising prices, new levies on petroleum products, and fresh taxes on solar panels have together become a draconian nightmare for common people. Speaking about the federal budget beyond numbers highlighting a common man perspective, economic strategist and regional expert Dr Mehmoodul Hassan Khan said, elitist economics is creating ripples in the lives of common people in the country because of its immense and unbridled political cartelisation and so-called democratic cronies in the shape of members of provincial assemblies (MPAs), members of national assembly (MNAs) and ministers whose salaries and other associated benefits have unnecessarily been further increased, while giving a wrong message. Consequently, social activists and liberals have termed so-called political messiahs as mafias who are eroding national exchequer for their own whims-cum-wishes. Additionally, the federal finance minister did not have any justification of this increase because being a member of the national assembly salary of these legislators has been enhanced every year on a regular basis. Thus the Finance minister seems to be compromised before its political fraternity, he added. "Initiation of people's friendly programmes and projects in terms of social development at the gross root level (Chinese CPC model of good governance), social entrepreneurship (models of Uzbekistan, South Korea, Vietnam, Brazil, Cuba, etc.), holistic and comprehensive social nets for deprived and middle class, provision of free health facilities (Chinese model of public health and poverty reduction), provision of free food stuff to poor students (Indonesian model) through financial fine tunings and policy readjustments is the need of hour. He suggested initiating people-friendly programmes and projects focused on grassroots social development drawing inspiration from the Chinese CPC model of good governance is the need of the hour. Models of social entrepreneurship from countries like Uzbekistan, South Korea, Vietnam, Brazil, and Cuba should be studied and adapted. "There is also an urgent need to establish holistic and comprehensive social safety nets for the deprived and middle class, ensure free healthcare (as in China's public health and poverty reduction model), and provide free food to poor students, following the Indonesian example. These measures can be made possible through financial fine-tuning and policy readjustment, Khan said. Re-activation of micro financing facilities for social development, participation of the private sector, wealthy clergy, proper utilisation of holy shrines, charities, and a balanced growth model would be the right way, he remarked. Only purposefully exempting real estate, construction and sugar sectors will achieve nothing because common people know that the heavy presence of housing societies, tycoons, infrastructure barons and mafia in legislation have their own vested interests and have nothing to do with the massive slumps nests of the common people in the country, the expert commented. Renowned economist Dr Shahid Hasan Siddiqui, speaking in a television programme, remarked that over the past three years, poverty and unemployment have increased, while the most powerful segments — such as the stock exchange, corporate sector, and banks — earned record-high profits for the first time. He said, "The government always talked about export-led growth, but no significant growth is seen in export figures from 2022 to 2025. In the last two years, our remittances surged by $10 billion — unmatched in the region. Exports didn't rise over three years, while skyrocketing remittances caused major tax losses." The federal budget appears designed to secure continued International Monetary Fund (IMF) tranches and funding from other institutions to keep the limping economy afloat. But if this trajectory continues, we may, God forbid, return to the IMF again after 2027 — part of what some see as a larger geopolitical game and this budget is turning us to this direction, he cautioned.
Cision Canada
3 days ago
- Sport
- Cision Canada
CPC awards 18 sport organizations with grants in support of Para sport programming Français
A total of $200,000 to be distributed through 2025-26 Paralympic Sport Development Fund OTTAWA, ON, June 18, 2025 /CNW/ - Eighteen sport organizations across Canada have been awarded 2025-26 Paralympic Sport Development Fund grants for a total of $200,000, the Canadian Paralympic Committee announced Wednesday. The complete list of recipients and their projects can be found HERE. Grants varying from $5,000 to $20,000, funded through the Paralympic Foundation of Canada, are being provided to support specific initiatives that contribute to athlete and coach development along the Paralympic pathway, including in areas related to recruitment, coaching, competition, club development, training camps, or other programming that enhances capacity. The recipient organizations are located across seven provinces, with four of the supported programs serving multiple regions throughout the country. The grants will enhance the development and programming of 14 sports, including two multi-sport initiatives. Two sports have received grants for the first time – Para climbing, which has been added to the Paralympic program for LA 2028, and five-a-side football. CPC is also supporting specific inclusion initiatives aimed at engaging more people with a disability in Para sport through increasing opportunities for under-represented groups. Two of these programs have been funded for 2025-26, supporting the increase of women and girls playing wheelchair tennis and creating a Para sport framework focusing on the needs of Indigenous communities. "Congratulations to each recipient of this year's Paralympic Sport Development Fund," said Karen O'Neill, CEO, Canadian Paralympic Committee. "The work of each of these organizations is so important to an inclusive, quality Paralympic sport system in Canada, and there are so many exciting initiatives being supported through the grants. We cannot wait to see the success of the projects and thank each organization for their impactful leadership and collaboration." The Paralympic Sport Development Fund has now granted more than $1.5 million to sport organizations in Canada and is an important part of CPC's commitment to fostering an inclusive Paralympic sport system in Canada.
Indian Express
3 days ago
- Business
- Indian Express
RRB Railway Technician Recruitment 2025: From eligibility to registration dates, answers to FAQs here
RRB Railway Technician Recruitment 2025: The Railway Recruitment Board (RRB) has officially announced the commencement of its technician recruitment drive for the 2025–26 cycle, inviting applications for 6,180 technician vacancies across various zones in India. The online registration for RRB Technician 2025 will begin from June 28, 2025, and will continue till July 28, 2025, closing at 11:59 pm. All applications must be submitted through the official recruitment portal at Here are some frequently asked questions (FAQs) to help candidates navigate the RRB Technician 2025 recruitment process. No, the application process is completely online. Candidates must visit the official recruitment portal and complete the application form digitally. There is no provision for offline submission, so candidates are advised not to send any physical documents via post. The central application portal is . However, each RRB also has its own website where zone-specific information may be published. Some examples include: RRB Ahmedabad ( RRB Mumbai ( RRB Chennai ( among others. For the full list of regional RRB websites, visit the official portal. The online application window will remain open from June 28, to July 28, 2025. The deadline to submit completed application is 11:59 pm on July 28, so make sure you complete all steps before the cutoff time to avoid last-minute issues. As of July 1, 2025, the age criteria are: –Technician Grade I Signal: 18 to 33 years –Technician Grade II: 18 to 30 years –Candidates must ensure they meet the age requirement on the specified date, and age relaxations will be provided as per government rules. The salary structure, as per the 7th Central Pay Commission (CPC), is: –Technician Grade I Signal: Rs 29,200 per month –Technician Grade II: Rs 19,900 per month These are basic pay levels and additional allowances like DA, HRA, and TA will be applicable as per government norms. Yes, the RRB Technician salary is structured according to the 7th Central Pay Commission (CPC) guidelines. This includes fixed basic pay and applicable government allowances, providing financial stability and career growth. Candidates must fulfill the eligibility criteria mentioned in the official notification. One candidate can apply to only one RRB and for a specific Pay Level. The online application form is common for all posts under that Pay Level. Failing to meet the eligibility norms may lead to disqualification. Applicants need to upload and submit the following documents during online registration: –Scanned copy of recent passport-sized photograph and signature –Valid ID proof (Aadhaar, PAN, Passport, etc.) –Educational qualification certificates –Caste or category certificate, if applicable –Domicile certificate, if mentioned in the notification Note that the short notice has mentioned that the documents must be clearly legible and in the prescribed format.
Yahoo
3 days ago
- General
- Yahoo
AADTHU undergraduate works go on display at Tsinghua art museum
BEIJING, June 17, 2025 /PRNewswire/ -- This is a report from The 2025 Undergraduate Exhibition of the Academy of Arts & Design, Tsinghua University (AADTHU) opened at the university's art museum in Beijing on June 7. The exhibition will run until June 19. Guo Yong, deputy secretary of the Communist Party of China (CPC) Tsinghua University Committee, addressed more than 200 guests gathered at the Tsinghua University Art Museum. He said the graduation exhibition is not only a summary of the students' academic journey but also a new starting point for engaging with society. Guo noted that the 2025 cohort of undergraduates are a very special group, as these students entered the academy at a time when art creation and art education still largely followed classical models. During their studies, however, they have experienced the full arrival of the AI era. "I want to remind you that the passion, character and feelings of the creator — the moments of inspiration intertwined with pain and joy — are the soul of art and rights that creators must never yield." He then urged graduating students to draw inspiration from real life, remain keenly perceptive of society and respond thoughtfully to its complexities. He called on them to carry forward a strong sense of national sentiment and responsibility, and to bring the aesthetic literacy and cultural conviction cultivated at AADTHU into the wider world. "With a humanistic heart, you should reflect the spirit of the times and let the spark of art ignite your journey of creation," he said. Ma Sai, dean of AADTHU, added in his speech that the undergraduate stage is a crucial period for academic enlightenment and the shaping of one's spirit. He noted that the graduation exhibition reflects the students' aesthetic expression, their understanding of complex issues, and their commitment to the spirit of the times and public values. Qin Chuan, secretary of the CPC AADTHU Committee, said that AADTHU continues to deepen education and teaching reforms, firmly promoting the integration of arts and science as well as interdisciplinary collaboration while balancing technological development with humanistic foundations. He hopes students will transform their professional knowledge into practical power, actively respond to public concerns, promote outstanding Chinese culture, and while inheriting tradition, boldly innovate to become talented artists who lead the trends of the times. Later, professor Gu Liming, on behalf of the graduate work supervisors, encouraged students to set long-term goals and keep setting goals, so that the spirit of exploration cultivated during their studies will accompany them for life. Graduate representative Gao Xinyuan expressed her determination to serve society and promote national development through art. The exhibition showcases works characterized by the integration of arts and science and cross-disciplinary innovation, featuring more than 1,600 works by over 260 undergraduate graduates from nine departments — including textile and fashion design, ceramic design, visual communication, environmental art design, industrial design, arts and crafts, information art and design, painting, and sculpture. This also marks the inaugural public exhibition of all undergraduate works at the Tsinghua University Art Museum, a nationally accredited first-class museum. In an interview with Qin said the exhibition showed new explorations in the integration of art and science, and the students' works made extensive use of the latest technological methods to enrich the content and form they wanted to express. Though still developing, the students have shown strong artistic sensitivity and engagement with real-life issues and social topics. "No matter how you use it, the most original creativity and theme of the work should mainly reflect the student's own creativity or professional judgment," he told "During the creation process, the student must be the one mastering the technology, rather than simply using technology to generate the result." He added that they encourage more of a fusion of the virtual and the real in expression, "because AI represents a way for us to explore new possibilities in expressing art and understanding the world," he explained. "However, we hope these possibilities will be combined with reality, life and people's genuine concerns. So our direction is to promote more integration in this area in the future." AADTHU undergraduate works go on display at Tsinghua art museum View original content: SOURCE Sign in to access your portfolio
New Straits Times
5 days ago
- Business
- New Straits Times
Efficient tax rules for contractors bring relief
KUALA LUMPUR: THE government has moved to streamline tax treatment on construction projects, offering a more practical and industry-aligned approach to profit recognition, in a breakthrough welcomed by the construction sector. The Master Builders Association Malaysia (MBAM) on Dec 6, 2021, formally appealed to the Finance Ministry to review the Inland Revenue Board's (IRB) longstanding practice of using the Certificate of Practical Completion (CPC) as the reference point for recognising profits or losses under the Income Tax (Construction Contracts) Regulations 2007 and Public Ruling No. 2/2009. MBAM argued that this approach did not reflect real-world business processes, as the CPC only certifies physical completion, while key financial elements such as variation orders, final costs and contractual claims often remain unresolved post-CPC. Requiring contractors to determine profit or loss at that stage could result in inaccurate tax filings and retrospective adjustments that risk penalties. To address the issue, MBAM proposed recognising project completion based on finalised accounts — either when no further costs are incurred and all payments are made, or within 18 to 24 months after CPC issuance. Through the Technical Working Group on Taxation (TWGT) under the Pemudah Special Taskforce to Facilitate Business, multiple engagements between the ministry, IRBM, MBAM and the Chartered Tax Institute of Malaysia (CTIM) were held between December 2021 and September 2023. This public-private collaboration yielded a practical resolution, where profit or loss recognition could now be deferred to the date final accounts are agreed between contractor and client, or 12 months after project completion — whichever is earlier. Penalties for revised tax returns arising from retrospective profit/loss adjustments will not be imposed, as confirmed through updated guidelines and future enhancements to IRB's public rulings. Following this, a Practice Note was issued on IRB's portal on March 29 last year and a comprehensive amendment to Public Ruling No. 2/2009 is underway, expected to be completed this year. This harmonised tax treatment aligns regulatory requirements with industry operations, supporting the government's Ekonomi Madani agenda to deliver more efficient, affordable housing and infrastructure. POSITIVE IMPACT The move has brought tangible benefits for contractors and construction firms, including improved cash flow management due to accurate tax assessments and reduced reliance on external borrowings, thus lowering business costs. The move also helps to free up financial resources for productivity-enhancing investments and allows greater certainty in tax reporting, reducing administrative and financial risks. MODEL FOR PUBLIC-PRIVATE PARTNERSHIP This success underscores the strength of public-private collaboration under Pemudah's framework, which is co-chaired by the economy minister, chief secretary to the government and a private sector industry leader. The Economy Ministry and the Malaysia Productivity Corporation serve as joint secretariats, while direction is provided by the National Economic Action Council, which is chaired by Prime Minister Datuk Seri Anwar Ibrahim. The initiative is also seen as a benchmark for effective policy reform that balances regulatory compliance with industry practicality, fostering long-term economic sustainability and competitiveness.
