Tax structure of Pakistan TAX: To tax (from the Latin taxo; "I estimate") is to impose a financial charge or other levy upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay is punishable by law. Some commentators have argued that "a direct tax is one that cannot be shifted by the taxpayer to someone else‚ whereas an indirect tax can be”. A income tax is a tax levied on the income of individuals or businesses (corporations
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10(34). This includes deemed dividend under sections 2(22)(a) to (d). This is because such dividend attracts dividend distribution tax @ 12.5% in the hands of the company. (2) The TDS provisions under this section are attracted only in respect of deemed dividend referred to in section 2(22)(e)‚ if such dividend exceeds Rs. 2‚500 in a year. (3) The rate of deduction of tax in respect of such dividend is 20% plus surcharge‚ if applicable‚ plus education cess. (4) Under the proviso to section 194‚
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An ad valorem tax is a tax based on the value of the incurred‚ like the value added tax‚ sales tax‚ property tax or inheritance tax. The value of the goods‚ services or properties is the basis for the tax collected. Specific tax on the other hand‚ is a tax based on the quantity produced. It is not a function of the value of the product being taxed. Cigarettes are a product being taxed in such category. The use of specific tax could have been a good idea since it is evident that even though
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Ephesians both celebrates the blessings of God’s grace and explains what that grace means for the church. Throughout the book‚ Paul reminds the church of the sacrificial love of Jesus and encourages believers to be imitators of God. In Ephesians 5:22-33‚ Paul uses the comparison of the marriage relationship with that of Christ and His church to give guidance to husbands‚ wives‚ and the church as the body of Christ‚ instructing them in living a Spirit-filled life. Repeatedly reminding his audience
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recognized is foreign exchange exposure which is directly related to foreign exchange rate. 1.1. Possible foreign exchange risk In order to have a comprehensive view regarding foreign exchange risk‚ this part will define as well as separate this exposure into clearer and smaller concepts. Firstly‚ it is highlighted to indicate that foreign exchange exposure possibly occurs as a result of the fluctuation of exchange rates‚ leading to negative effects on profitability‚ cash flows and other financial indicators
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INT0006: Introduction to Accounting and Finance FOUNDATION PROGRAMME Economics‚ Finance and Management INTO ID Number University ID Number ASSIGNMENT: Title: G. Osborne Ltd Maximum mark: 50 Word count: 1000 Actual word count: __________ student to complete DO NOT WRITE IN THIS SECTION Markers Introduction Quantitative information Narrative 1: 2: First Marker Comments ........................................................................................... ..................
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gathering form Evidence no | 3 | Evidence date | September 2012 | Identify evidence type Direct observation Reflective account x Questions Expert witness Product Witness testimony Candidate name | | Evidence HSC 33 HSC32 HSC31 | Unit‚ Element‚ PCs | Knowledge | Service users have a right to a high standard of care.As I work in a Care Home I have attended various training sessions which is the right to receive training and development from my employers as within
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Sonnet 33 by William Shakespeare‚ expresses the love that poet has for his lover or son. The poem follows the conventional English sonnet format with a rhyme scheme of abab‚ cdcd‚ efef‚ gg. The poem contains three quatrains and one couplet. How does the poet’s image of alchemy contribute to love and the motif of gold coinage and valuation? The poet begins by talking about his experiences of many beautiful sun rises. The sun could be looked at in two different ways. The “sun” in the poem suggests
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Ap World Chapter 33 The Cold War was a major encounter between the two powers of the world: the Soviet Union and the United States. The war divided the world leading to divisions between ideas and citizens of various nations around the world. Egypt began to experience reforms in the political and social areas of the nation. Egyptian reforms were controlled by military rulers gaining control through coup d’eta’s
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SHC 33 – Promote equality and inclusion in health‚ social care or children’s and young people’s settings 1.1 1.2 1.3 - Explain what is meant by: Equality Diversity Inclusion Diversity – Refers to the variety and differences between people and groups in our communities; these differences need to be acknowledged‚ these are some of the different reasons that arise: Gender Race Disabilities Age Social background Religion and Beliefs Sexuality Appearance In my work place we
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