lillahi wa inna ilayhi raji’oon.

“We belong to Allah, and to Him is our return.”

The Miracle Media expresses its condolences to the family of

1: Mr. Naseer Pirzada’s oldest sister Naseem Bukhari who retured to Allah SWT on Feburay 6, 2023 in Lahore Pakistan.

2.Khalida Gillani widow of professer Mumtaz Gillani who passed away on Feburay 2, 2023 in Vancouver BC. May Allah (SWT) grant their souls in the highest place in Jannah and give their family the strength and patience to bear this loss. Ameen.

President Arif Alvi on Wednesday urged the Election Commission of Pakistan (ECP) to “immediately announce” the date for polls in Khyber Pakhtunkhwa and Punjab and put an end to “dangerous speculative propaganda” on both the provincial assembly and general elections. The Punjab and KP assemblies were dissolved on Jan 18 and Jan 14, respectively, after former prime minister Imran Khan had announced that his governments in the two provinces would dissolve their assemblies to pave the way for fresh elections. In a letter addressed to Chief Election Commissioner Sikandar Sultan Raja today, a copy of which is available with Dawn.com, Alvi said that the election of an assembly is to be held within 90 days of the dissolution as provided by Article 224(2) of the Constitution. He highlighted that the conduct and holding of elections was the primary and essential duty of the ECP as per PART VIII of the Constitution, particularly Article 218 (3) which assigned the duty to the ECP to ensure the holding of fair and free elections. The president conveyed that it was ultimately the commission, which if it failed to discharge its functions and duties, was to be held responsible and answerable for the violation of the Constitution of the country. Alvi stressed that he was under the oath “to preserve, protect and defend the Constitution” being the head of the state...

Source:dawnnews.com

43 PTI lawmakers

tified 123 MNAs (including reserved seats), following the acceptance of resignations by the speaker. During the hearing today, PTI lawyer Ali Zafar contended that PTI MNAs had withdrawn their resignation before the NA speaker had accepted them.

The Lahore High Court (LHC) on Wednesday suspended National Assembly Speaker Raja Pervaiz Ashraf’s acceptance of the resignations of 43 PTI lawmakers and put byelections in 43 constituencies on hold. The court order was pronounced by Justice Shahid Karim on a petition filed by PTI’s Riaz Fatyana and 42 other MNAs against the NA speaker’s acceptance of their resignations and the Election Commission of Pakistan’s de-notification orders. The ECP had de-no-

“Once the resignations are retracted, the speaker has no power to accept them […] this shows that the acceptance of the resignations is against the law and based on malice,” he argued. Zafar further said that the NA speaker’s order was contrary to the rules set by the Supreme Court, claiming that Ashraf had only accepted the resignation to take “political revenge”.

“He never called PTI MNAs and asked them their stance,” he pointed out and requested the court to declare the speaker’s order null and void. Subsequently, the court suspended Ashraf’s decision and the ECP’s de-notification order. Justice Karim also issued notices to the federal government and the electoral body and instructed them to submit their responses on the matter at the next hearing.

Source: dawn.com

Many Canadians are experiencing strains caused by the increased cost of living and inflation. Claiming tax credits can help offset the financial burden by putting extra money back in your pocket. Every dollar you can save on taxes is an extra dollar that can be used to cover your bills and pay for vital expenses. Below, I’ll share some of the top credits and deductions that you may be able to claim on your income tax return to help you save money. Top government tax credits and deductions for this tax season.

Some tax credits are offered by default and are automatically applied based on the information you provide in your tax returns. A good example of this is the GST/HST tax credit, which is automatically applied based on your household income. However, you must manually apply for other tax credits (such as the Canada Child Benefit or home office tax credit) when filing your returns.

1. The caregiver tax credit

If you’re caring for a spouse or family member suffering from a mental or physical impairment, you may be able to claim certain expenses with the Canada caregiver credit. This credit must be claimed manually, and to be eligible, you must be able to prove that you’re a caregiver for:

Either your or your spouse’s child or grandchild

Either your or your spouse’s parents, grandparents, siblings, aunt, uncle, niece, or nephew The dependent must also have lived in Canada for the year you claimed the credit. Depending on the dependent in question, you could claim between $2,350 and $7,525.

2. Home office tax credit (even if you’re an employee)

Working from home is more common than ever, but it also comes with expenses, such as:

• Increased power usage

• Increased internet data usage

• Creating a dedicated office space in your home

Many of these additional expenses can be claimed as a tax credit. You can even claim certain office supplies. Here’s a full list of what you can claim.

3. Moving expenses tax deduction

Moving to another province or city can come with a host of expenses, such as:

• Moving truck rental

• Fuel

• Renting storage units

• Paying movers

Both employees and self-employed workers can qualify for this tax credit. There are a few stipulations to apply for this credit, but the majority of moving expenses can be deducted from your income tax return. Note that this isn’t a tax credit that you have to apply for but a tax expense deduction you can use to reduce your income when filing your taxes.

4. Capital loss tax deduction

The stock markets performed poorly in 2022, and many Canadians lost money on their investments. The good news is that you can claim these losses against your other capital gains for the year. Although the capital loss tax credit can’t be used to deduct your income tax liability directly, it can reduce your capital gains tax liability.

If you’ve reduced your capital gains tax liability to $0, you can save the unused capital loss tax credit and apply it to future years (or up to three years prior).

To apply a capital loss to a previous year: You need to file an amendment to your tax return for the year in which you incurred the capital loss.

You can only apply the capital loss to a year

300 -3665 Kingsway,Vancouver BC V5R 5W2 email:hr.ridgemont@gmail.com

JoB VaC anCY

Ridgemont Lending Group Ltd. is looking for an Investment manager-Financial Brokerage (one vacancy) in the Lower mainland.

Full time, 40 hours/ week to start immediately employment conditions: Day 10:00 am to 6:30 pm

Salary: $51.50 / hour

Languages: English education: Minimum Bachelor’s degree experience: 2 years to less than 3 years

Work setting: Urban area personal suitability: Accurate, Client focus, Efficient interpersonal skills, Excellent oral communication, Excellent written communication, Flexibility, Initiative, Judgement, Organized, Team player, Values and ethics area of specialization:Residential real estate, Commercial real estate, Industrial real estate, Property management services

Screening questions: Are you currently legally able to work in Canada

Duties include, not limited to:

• Plan and control budget and expenditures,

• Establish and implement policies and procedures,

• Hire, train, direct and motivate staff,

• Assign, co-ordinate and review projects and programs,

• Plan and direct market research studies,

• Oversee the preparation of reports,

• Advise senior management,

• Manage contracts,

• Oversee the collection and analysis of data and information,

• Address customers’ complaints or concerns,

• Plan and direct advertising and marketing campaigns,

• Plan, direct and monitor activities of sales department,

• Plan, organize, direct, control and evaluate daily operations

Supervision: 3-4 people

Work conditions and physical capabilities: Fast-paced environment, Work under pressure, Tight deadlines, Attention to detail, Large caseload, Large workload

Benefits: Free Parking Available

Location: 300-3665,Kingsway, Vancouver,BC,V5R 5W2

How to apply: By e-mail: hr.ridgemont @gmail.com with Cover Letter in which you had capital gains. The capital loss will reduce the amount of capital gains you had in that year, potentially resulting in a lower tax liability.

To apply a capital loss to a future year: You don’t need to take any action in the year you incur the capital loss. You can use the capital loss to offset capital gains in future years until the capital loss is fully used up. You must claim the capital loss in the year you want to use it to offset capital gains. For example, if you sold an asset such as a stock in 2022 and had a capital loss of $10,000, and you also sold a property and had a capital gain of $4,000, you can apply $4,000 of the capital loss to reduce the capital gain to $0. Then you can use the remaining $6,000 capital loss and apply it to prior or future years’ capital gains.

5. GST/HST tax credit

The GST/HST sales tax credit is automatically paid to eligible Canadians on a quarterly basis (every three months). Eligibility for this credit is based on your income reported the previous tax year and is reassessed on an annual basis.

6. Canada child benefit (CCB)

The CCB is a monthly payment issued by the CRA to parents or guardians of children under 18 years old to help with the costs of raising children. The amount you’ll receive depends on your reported income, your living situation, and the number of dependent children you’re caring for.

The federal CCB payment may also be combined with provincial child tax credits as well, which can increase the amount you’re eligible to receive. This benefit must be applied for manually through birth registration, your CRA My Account, or by mail. Can you transfer tax credits to your spouse or partner?

Bonus tip here: if you’ve already used tax credits to reduce your income tax liability to $0, then you might be able to transfer a certain amount of your unused tax credits to your spouse or common-law partner to help them reduce their taxes. This can be done using the “Schedule 2 - Transfer of Amounts from Your Spouse or Common-Law Partner” form. It’s important to note that not all tax credits can be split, and some restrictions apply. Government credits often go unclaimed Canadians can file their income tax returns by paper or online using NETFILE-certified tax software. Some of these programs may help by suggesting tax credits that you may be eligible for, which can be very helpful. The reality is that many tax credits go unclaimed, and over $1.4 billion worth of Canadian tax refunds still remained uncashed as of August 2022. If you’re unsure which tax credits you may be eligible for, it may be a good idea to consider hiring an accountant to help you file. While your accountant may charge money upfront, the amount that they could help you save may be far more. Christopher Liew is a CFA Charterholder and former financial advisor. He writes personal finance tips for thousands of daily Canadian readers on his Wealth Awesome website.

Source: ctvnews.ca

JoB VaC anCY

Ridgemont Lending Group Ltd. is looking for a Business Development manager-damage insurance (one vacancy) in the Lower mainland.

Full time, 40 hours/ week to start immediately employment conditions: Day 10:00 am to 6:30 pm

Salary: $51.50 / hour

Languages: English education: Minimum Bachelor’s degree experience: 2 years to less than 3 years

Work setting: Urban area personal suitability: Accurate, Client focus, Efficient interpersonal skills, Excellent oral communication, Excellent written communication, Flexibility, Initiative, Judgement, Organized, Team player, Values and ethics area of specialization:Residential real estate, Commercial real estate, Industrial real estate, Property management services

Screening questions: Are you currently legally able to work in Canada

Duties include, not limited to:

• Plan and control budget and expenditures,

• Establish and implement policies and procedures,

• Hire, train, direct and motivate staff,

• Assign, co-ordinate and review projects and programs,

• Plan and direct market research studies,

• Oversee the preparation of reports,

• Advise senior management,

• Manage contracts,

• Oversee the collection and analysis of data and information,

• Address customers’ complaints or concerns,

• Plan and direct advertising and marketing campaigns,

• Plan, direct and monitor activities of sales department,

• Plan, organize, direct, control and evaluate daily operations

Supervision: 3-4 people

Work conditions and physical capabilities: Fast-paced environment, Work under pressure, Tight deadlines, Attention to detail, Large caseload, Large workload

Benefits: Free Parking Available Location: