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philanthropy

The twenty most common hobbies of the world’s richest people

Ever wondered what rich and famous do in their spare time having the mean for extravagant hobbies such as buying luxury cars or travelling around the globe. Interestingly the most common hobby is not a extravagant display of wealth but rather philanthropy. This is according to a recent report by Wealth-X, a market research firm that focuses on ultra-high net worth (UHNW) individuals with assets worth $30 million or more, which gives a sneak peek at their top passions, interests, and hobbies. Philanthropy is considered…

Meet Pakistan’s hidden hero; a cop who feeds labourers daily

In our country, even the name of police department is considered synonymous with corruption and everyone from media to a common man crticizes them for their inefficacy and rampant corruption. We all know that not all cops are bad or corrupt but few black sheep and their antics have defamed this whole department. Have you ever met a good cop? this is a question not many would answer in assertive. Forget about it! Meet DSP Shamsuddin from Chishtian city of Punjab, the super-cop, the cop-cum-philanthropist or the…

Govt seeks suggestions on regulation of taxes to philanthropy

ISLAMABAD: In order to end tax evasion, government seeking suggestions for better regulation of taxation in philanthropic activities. This was stated by Federal Board of Revenue (FBR) spokesperson Dr Muhammad Iqbal on Monday while addressing a pre-budget seminar hosted by Sustainable Development Policy Institute (SDPI) in Islamabad. “The FBR is already offering a number of incentives to organisations involved in philanthropic work,” he said. “However, the priority for the government is to invest in the public sector…