Announcement of Exceptional Public Value Award by ACCA

Dear Readers,

Peace be on you!

It’s with extreme pleasure that I announce that the prestigious Exceptional Public Value Award is to be awarded to myself by Ms. Helen Brand, OBE, CEO ACCA (the largest accountancy body globally). I’ll share the details with you after receiving the award, Insha Allah.

I’m honored by this privilege and grateful to ACCA for the recognition of my:

“contributions in the field of Budget and Taxation including but not limited to

  • the drafting of Anti-Graft Legislation focused on Undisclosed Foreign Income & Assets which was later adopted by the Treasury,
  • work done on the Regional Research Study on Indirect Taxation across South Asia and UAE,
  • MOU’s with Tax Bars,
  • Collaborations with Chambers of Commerce and Tax Bars,
  • Pre & Post Budget proposals and seminars,
  • continued member education events particularly on Taxation and
  • opportunities created through R&I sessions with key employers.”

Last but not the least, I’m thankful to you all for your support and prayers particularly my parents, siblings, mentors, colleagues and friends.

acca-exceptional-public-value-award

Regards,

Omer Zaheer Meer

ACCA publishes detailed report on MLCC

Dear Readers,

Peace be on you,

It is with pleasure that we share that ACCA, the largest accountancy body in the world recently published a detailed report on our firm Millennium Law & Corporate Company (MLCC) and recognized it as the pioneer ACCA practicing firm in Pak. You can directly access it at: ACCA’s published profile of MLCC

or continue to read below and let us know your valuable views.

Millennium Law and Corporate Company (MLCC) becomes the Pioneer ACCA practicing firm in Pakistan

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Profile of Millennium Law & Corporate Company

  • 30 + Years’ “Young”

Millennium Law & Corporate Company (MLCC) has a background of thirty (30) years plus history of professional excellence stemming from its parent practice. It used to be focused solely on legal practice including corporate matters.

  • Way Forward – One stop solution

MLCC was expanded to include a new division for providing ACCA centered services. This led to the inclusion of the areas of taxation, corporate services, internal audit, advisory, risk management and trainings in addition to the other legal matters within the services offered by MLCC.

  • Partners

The firm is setup with specialized teams dealing with relevant areas under four (4) partners, two of whom are ACCA members while one is an ex legal advisor Federal Land Commission (Government of Pakistan) and another is an ex deputy Attorney General of Pakistan.

  • Pioneer ACCA Practising Firm in Pakistan

In 2015, the Association of Chartered Certified Accountants (ACCA) took a giant leap in Pakistan and initiated practising license program for the country.

  • MLCC became the pioneer practising firm in Pakistan with
  • Omer Zaheer Meer FCCA (the managing partner of MLCC) being awarded the first ever ACCA practising license in Pakistan.

Before that history was made when:

  • Omer Zaheer Meer FCCA became the first ever ACCA member to get admitted to the prestigious Lahore Tax Bar Association (LTBA) during 2009/10.
  • He was later joined by his brother Mr. Ali Zaheer Meer ACCA who is now a partner at MLCC and another ACCA member at LTBA.

Millennium Law & Corporate Company has built a reputation for quality services based on value creation and issue resolutions with time-specified deliverables. It is now the premier ACCA practising firm in the country and one of the leaders in the taxation, advisory and corporate services sectors.

  • Distinguished Collaborations

MLCC through its partners is currently represented at the Taxation Committee of Lahore Chamber of Commerce and Industry, Chairing the Liaison and sitting on the publication committees of LTBA, Chairing the Taxation Committee of ACCA, Global Tax Forum of ACCA and several think-tanks including Hamdard Thinkers’ Forum and Millat Thinkers’ Forum. MLCC’s clientele also includes some of the most distinguished names. Out key clients and/or associations are as below:

Read the rest of this section directly at:  ACCA’s published profile of MLCC

 

Why was MLCC started?

Managing Partner’s Views:

It is my strong and educated belief that the ACCA qualification and a proper training program equips one with the relevant skills, education and expertise to be the best not just technically but on the value addition side of being an entrepreneur.

With an early start to my career resulting is sufficient experience, I felt it was the right time to launch an ACCA practising firm on my return from UK to Pakistan. Also it was an opportunity to contribute back to the profession and ACCA fraternity in several ways.

However ACCA did not have a local practising license back then. Nevertheless we upheld the brand ACCA and pioneered in an area deemed alien for ACCA members at the time, i.e. local taxation. Within a short span of time we stood out of the crowd delivering excellence and quality beyond norms of the market. We then started expanding into other areas such as corporate services, advisory, risk management, e.t.c. with equally good results.

The milestones so far

Since becoming the pioneer ACCA practising firm in Pakistan some of the major milestones achieved by MLCC are outlined below:

  • Establishment of our non-legal services headquarter at the prime location of Bashir Mansion, 2 Turner Road, Lahore which is opposite FBR, close to Appellate Tribunal, behind Lahore High Court, adjacent AG Office and practically in the hub of all the action.
  • Establishment of a branch office in DHA, Lahore for facilitation of our clientele from the posh areas.
  • Award of the practising license and hence becoming the pioneer ACCA practising firm in Pakistan
  • Joining of Mr. Ali Zaheer Meer as the second ACCA partner of the Firm
  • Expansion intro value addition areas beyond taxation including internal audit, advisory, risk management, corporate services, e.t.c.
  • Start of our training division
  • Partnership with ACCA Pakistan for the CPD trainings of ACCA fraternity and beyond
  • Attendance of our CPD programs and training events by high-profile professionals including owners, directors and even non-ACCA partners of other renowned firms
  • Publication and launch of a research study on indirect taxation across the MESA (Middle-East and South-Asia region) in collaboration with ACCA and EY
  • Working with top names in various sectors including the likes of National Bank of Pakistan, Habib Bank Limited, MPDD, ACCA, LCCI, KCCI, LTBA, e.t.c.
  • Pre-launch of our ACCA trainees induction program

Advantages and benefits of ACCA firms

ACCA firms offer several benefits for the ACCA fraternity, the business community and the society at large. Some of the major ones include:

  • Opening up of new horizons and opportunities
  • Jobs creation
  • Quality services
  • Greater acceptance of ACCA locally
  • Entrepreneurial rewards
  • Increased collaborations with worthy partners
  • Greater exposure

With the advent of CPEC and the corresponding developments, there is a lot of potential for quality accountants and firms offering the right services. Yes it will be challenging but the rewards are more than commensurate. So have a dream and turn it into a reality.

Must Read: Malcolm X’s Letter from Makkah

Malcolm KSASource: Malcolm X’s Letter from Makkah (Original post from MyMFB.com)

Malcolm X, or Al-Hajj Malik El-Shabazz, is one Muslim who saw the light of true Islam through his Hajj in April 1964.  As a former member and speaker for the Nation of Islam, a black spiritual and nationalist movement, he believed that the white man was the devil and the black man superior.

After leaving the Nation of Islam in March 1964, he made Hajj, which helped change his perspective on whites and racism completely.

Here is an excerpt of a letter El Hajj Malik El Shabazz wrote a letter to his loyal assistants in Harlem… from his heart, telling them of his experience.  In it, he explains what it was during this blessed journey that made him so profoundly shift his perspective on race and racism.  We should keep in mind that this letter was written in a time when the history of African Americans in America was in making, a time when centuries worth of oppression was being spoken about and condemned in public.

“Never have I witnessed such sincere hospitality and overwhelming spirit of true brotherhood as is practiced by people of all colors and races here in this ancient Holy Land, the home of Abraham, Muhammad and all the other Prophets of the Holy Scriptures.  For the past week, I have been utterly speechless and spellbound by the graciousness I see displayed all around me by people of all colors.

“I have been blessed to visit the Holy City of Mecca, I have made my seven circuits around the Ka’ba, led by a young Mutawaf named Muhammad, I drank water from the well of the Zam Zam.  I ran seven times back and forth between the hills of Mt. Al-Safa and Al Marwah.  I have prayed in the ancient city of Mina, and I have prayed on Mt. Arafat.

“There were tens of thousands of pilgrims, from all over the world.  They were of all colors, from blue-eyed blondes to black-skinned Africans.  But we were all participating in the same ritual, displaying a spirit of unity and brotherhood that my experiences in America had led me to believe never could exist between the white and non-white.

“America needs to understand Islam, because this is the one religion that erases from its society the race problem.  Throughout my travels in the Muslim world, I have met, talked to, and even eaten with people who in America would have been considered white – but the white attitude was removed from their minds by the religion of Islam.  I have never before seen sincere and true brotherhood practiced by all colors together, irrespective of their color.

“You may be shocked by these words coming from me.  But on this pilgrimage, what I have seen, and experienced, has forced me to rearrange much of my thought-patterns previously held, and to toss aside some of my previous conclusions.  This was not too difficult for me.  Despite my firm convictions, I have always been a man who tries to face facts, and to accept the reality of life as new experience and new knowledge unfolds it.  I have always kept an open mind, which is necessary to the flexibility that must go hand in hand with every form of intelligent search for truth.

During the past eleven days here in the Muslim world, I have eaten from the same plate, drunk from the same glass, and slept on the same rug – while praying to the same God – with fellow Muslims, whose eyes were the bluest of blue, whose hair was the blondest of blond, and whose skin was the whitest of white.  And in the words and in the deeds of the white Muslims, I felt the same sincerity that I felt among the black African Muslims of Nigeria, Sudan and Ghana.

“We were truly all the same (brothers) – because their belief in one God had removed the white from their minds, the white from their behavior, and the white from their attitude.

“I could see from this, that perhaps if white Americans could accept the Oneness of God, then perhaps, too, they could accept in reality the Oneness of Man – and cease to measure, and hinder, and harm others in terms of their ‘differences’ in color.

“With racism plaguing America like an incurable cancer, the so-called ‘Christian’ white American heart should be more receptive to a proven solution to such a destructive problem.  Perhaps it could be in time to save America from imminent disaster – the same destruction brought upon Germany by racism that eventually destroyed the Germans themselves.

“Each hour here in the Holy Land enables me to have greater spiritual insights into what is happening in America between black and white.  The American Negro never can be blamed for his racial animosities – he is only reacting to four hundred years of the conscious racism of the American whites.  But as racism leads America up the suicide path, I do believe, from the experiences that I have had with them, that the whites of the younger generation, in the colleges and universities, will see the handwriting on the walls and many of them will turn to the spiritual path of truth – the only way left to America to ward off the disaster that racism inevitably must lead to.

“Never have I been so highly honored.  Never have I been made to feel more humble and unworthy.  Who would believe the blessings that have been heaped upon an American Negro?  A few nights ago, a man who would be called in America a white man, a United Nations diplomat, an ambassador, a companion of kings, gave me his hotel suite, his bed.  Never would I have even thought of dreaming that I would ever be a recipient of such honors – honors that in America would be bestowed upon a King – not a Negro.

“All praise is due to God, the Lord of all the Worlds.”

Malcolm X Thinker

Malcolm X saw and experienced many positive things.  Generosity and openheartedness were qualities which were impressed on him by the welcome which he received in many places.  He saw brotherhood and the brotherhood of different races and this led him to disclaim racism and to say:

“I am not a racist… In the past I permitted myself to be used… to make sweeping indictments of all white people, the entire white race, and these generalizations have caused injuries to some whites who perhaps did not deserve to be hurt.  Because of the spiritual enlightenment which I was blessed to receive as the result of my recent pilgrimage to the Holy City of Mecca, I no longer subscribe to sweeping indictments of any one race.  I am now striving to live the life of a true Sunni Muslim.  I must repeat that I am not a racist nor do I subscribe to the tenets of racism.  I can state in all sincerity that I wish nothing but freedom, justice and equality, life, liberty and the pursuit of happiness for all people.”

source:

From The Autobiography of Malcolm X with assistance from Alex Haley, the author ofRoots.

Response to Mark Zukerberg’s attacks on Islam, Prophet Muhammad PBUH & Pakistan

Below is an excerpt from an Express Tribune report on the now infamous hate-mongering by the Islamophobic Facebook CEO Mr. Mark Zukerberg:

“In his Facebook post, he said, “A few years ago, an extremist in Pakistan fought to have me sentenced to death because Facebook refused to ban content about Prophet Muhammed (pbuh) that offended him.”

“As I reflect on yesterday’s attack and my own experience with extremism, this is what we all need to reject — a group of extremists trying to silence the voices and opinions of everyone else around the world,” Zuckerberg wrote.

“I won’t let that happen on Facebook. I’m committed to building a service where you can speak freely without fear of violence,” he assured.

His response was: “It’s not against our policies to talk about Prophet Muhammed (pbuh). We did block the content in Pakistan where it was illegal, but we didn’t block it in the rest of the world where it is legal.”

Instead of very lengthy writeup exposing the hypocrisy of Mr. Zukerberg in detail, I’d just a raise a few questions to put the entire matter in perspective:

a) Clause 3.7 of Facebook’s terms of service states

“You will not post content that: is hate speech, threatening, or pornographic; incites violence; or contains nudity or graphic or gratuitous violence.”

(https://www.facebook.com/legal/terms)

Why is it that the content even questioning Holocaust is removed & strictly penalized but DESPITE requests and protests by over 1.5 Billion Muslims, ridiculing of Prophet Muhammad PBUH (the most revered personality on the planet) is allowed which incites violence & promotes hate speech in VIOLATION of YOUR OWN TERMS of SERVICE?

b) While propagating Voltaire’s support for “freedom of expression” who said, “I do not agree with what you have to say, but I’ll defend to the death your right to say it” why do you choose to ignore Zechariah Chafee who said, “Your right to swing your arms ends just where the other man’s nose begins”, that too ONLY in case of ISLAM?

c) By removing abusive content against Holocaust, e.t.c. but openly stating your support for ridicule of Prophet Muhammad PBUH & Islam are you promoting ‘Freedom of Expression’ or ‘Freedom for Some Expressions’?

d) Is it not true that the “CENSORSHIP” on Facebook has risen by 19% plus over the last year as per various NGO reports?

e) Is any person going to a court of law to challenge something they believe is illegal an extremist, just because they disagree with you?

e) Charlie Hebdo attack happened in France, then why did you choose to attack Pakistan at this time?

f) Why did you stay silent when children were massacred in Palestine by Israel and when 140 angels lost their lives in Peshawar?

g) Will you also classify Bill Donohue, President of the US Catholic League as an extremist and/or terrorist for issuing a statement in the light of the continuous provocations of Muslims that “Muslims are right to be angry.”

h) Is it not true that Facebook is a spy tool which transfers all the private data of its users to CIA & NSA WITHOUT the users even knowing?

i) Why is it that a cartoon of Condolezza Rice is termed as Rascism, a cartoon of Mark Zukerberg is called anti-Semitic but ridiculing of Prophet Muhammad (PBUH) (Nauzbillah) is termed as freedom of expression. What is it, if not hypocrisy of the highest order?

If you ponder over the above questions and the fact that even heads of states like the Queen are not allowed to be ridiculed but despicable competitions to ridicule the most revered person on the globe, Prophet Muhammad PBUH are held and supported, you can clearly see that ordinary peace-loving people are provoked and incited for vested interests.

I’ll leave it for you to decide whether such tactics are being used to further an agenda of “clash of civilizations” by provoking and inciting violence and as a result malign an already marginalized Muslim community?.

For all the above reasons, I urge not just all Muslims but peace-loving decent people of all religions to boycott Facebook and start using alternate platforms like Twitter, MillatFacebook, e.t.c.

I’ll end by stating that while Individuals should not resort to violence we must also condemn the senseless hypocrisy to provoke and incite violence. It is high time that all the nations sit together to resolve the issues arising out of the cultural and religious dis-similarities and fault lines. Let the peace prevail & DEFEAT hypocrite hate-mongers like Mr. Zukerberg hiding amongst us.

I demand that in line with Facebook’s own TERMS of service and respecting the emotions of over 1.5 Billion Muslims, Mark Zukerberg should remove the hate-mongering & violence inciting content ridiculing Prophet Muhammad PBUH.