2015

Global wealth is increasingly being concentrated in the hands of a small wealthy elite. These wealthy individuals have generated and sustained their vast riches through their interests and activities in a few important economic sectors, including finance and pharmaceuticals/healthcare. Companies from these sectors spend millions of dollars every year on lobbying to create a policy environment that protects and enhances …

World Times Academy Activities of the Month 201

Pleasant moments are never forgotten. An exquisite dinner to celebrate the success of World Times Academy students in winning allocations in CSS-2014 was arranged by World Times Academy – the best CSS Academy in Lahore with honourable faculty members, friends and World Times Academy students.

India’s bid for a permanent seat on the UNSC from a Pakistani perspective US Support of India’s bid US President Barack Obama’s visit to India in January this year brought great gifts for his hosts and one such gift was the US backing for India’s bid for permanent membership of the United Nations Security Council (UNSC). This was indeed a …

“Few individuals significantly alter the course of history. Fewer still modify the map of the world. Hardly anyone can be credited with creating a Nation-State. Mohammad Ali Jinnah did all three. Hailed as a ‘Great Leader’ (Quaid-i-Azam) of Pakistan and its first Governor-General, Jinnah virtually conjured that country into statehood by the force of his indomitable will.” (Prof Stanley Wolpert; …

An important prerequisite for effective functioning of the federal structure is the framework of distribution of fiscal powers and the manner in which the revenues are collected and distributed between the federation and the provinces. Revenue distribution, thus, is an extremely sensitive and critical factor for the long-term sustainability of Pakistan. However, this has always remained a thorny affair as …

“The principal characteristic of twenty-first-century international relations is turning out to be nonpolarity: a world dominated not by one or two or even several states but rather by dozens of actors possessing and exercising various kinds of power. This represents a tectonic shift from the past.” (Richard N. Haass; The Age of Nonpolarity: What Will Follow U.S. Dominance) With a …

The institution of prayer is found in all religions of the world in one form or the other. All the great religious personalities have recognised that prayer is communion with God — a link between the slave and his Master. Had there been no prayer, man’s life would have been completely rudderless and God would not have been a living …

Although a lot of changes have been introduced to the new syllabus for CSS exam, yet it never means that one should feel desperate and discouraged. Change is always good, and the one which seems to ensure the supply of better lot of new officers to the country’s bureaucratic sodality is vital as well. Introduction As CSS 2016 will be …

Importance of tax revenue in the fiscal system of a country cannot be negated because it is a leading source of revenue for balancing the budgets. Tax revenue constitutes major component of revenue receipts in all around the world with the exception of a few natural-resource-rich countries where non-tax revenue is a major source of revenue. It is also not …