In The name Of Allah The Most Merciful & The Most Beneficent Assignment of: Principle & Practice Income Tax Topic: Need of Tax Exemption [pic] Question: What is the need of Tax Exemption or Tax Concession in income tax from government point of view? And Does present income tax exemption policy of Pakistan effective in achieving its objectives give comments? TAX EXEMPTION According To “Community Benefit” theorists Tax-exemption contributes
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Mari petroleum company limited Introduction Mari Petroleum Company Limited is one of Pakistan’s largest E&P Company operating the country’s 2nd largest gas reservoir at Mari Field‚ District Ghotki‚ Sindh. The Shares of the Company are quoted on all the Stock Exchanges of Pakistan. The Company is primarily engaged in Exploration‚ development and Production of hydrocarbon potentials (Natural gas‚ Crude oil‚ Condensate & LPG) in the country. MPCL is also exploring opportunities of expanding its
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Benazir Income Support Program Flaws & Shortcomings In order to counter the sharp rise in oil prices ultimately resulting in double digit inflation in the year 2007 – 2008‚ and to provide aid to the underprivileged sections of the society who were hit the worse as a result of the fore mentioned inflation; Benazir Income Support Program was announced in 2008 – 2009 and its primary aim was to provide financial aid to approx 3.5 million families across Pakistan. At the moment BISP is being implemented
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Comparative Financial Ratios For Holding Companies in the Philippines Prepared by: Submitted to: Prof. Redentor Caguioa Financial Management 1 Second Semester A.Y. 2014-2015 Table of Contents Introduction Industry Background Summary of Financial Ratios Common Size Analysis Review of Ratios and Analysis Conclusion Appendices INTRODUCTION Financial analysis is the examination of a business from a variety of perspectives in order to fully understand the greater financial situation
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will serve community needs and be paid from a national‚ progressive income tax. The wage rate will be one half of the established poverty level. Jobs of last resort will require a minimum of forty hours per week of attendance on the job. • Adjust the number of hours in a work week inversely to the number of jobs of last resort provided by the state There will always be the poor‚ by definition the bottom ten per cent of income earners; but‚ poverty can be eliminated by forcing the economic system
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Clothing’s and Columbia Sportswear’s mission statements. Both of these companies’ focus provides clothing for the outdoorsman. A mission statement is an important message from the company to all of their stakeholders. (King D. C.‚ 2012) Patagonia Outdoor Clothing’s mission statement is to build the best product‚ cause no unnecessary harm‚ use business to inspire and implement solutions to the environmental crisis. Columbia Sportswear’s mission statement is to design and deliver authentic‚ outdoor
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Solve by finding the root of an equation in just one unknown. 1. A rope 75 feet long is cut into two pieces where one is 11 feet long than the other. Find their lengths. Let x = shorter piece’s lenght x + 11 = longer piece’s lenght Solution: x + x +11 = 75 2x = 75 – 11 2x = 64 2x = 64 2 2 x = 32 x + 11 = 32 + 11 = 43 2. Find the dimensions of a rectangle where the altitude
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Problem Statement Liz’s male colleague seems to be considering only whether or not he should advise Liz to send or not send the memo. The issue here is not whether Liz should communicate her message to Clark‚ but how and when she should communicate that message. As her colleague examines his options for counseling and supporting her‚ he should carefully consider how best he can help communicate the importance of addressing gender diversity at Vision Software. Analysis and Issues When the senior-level
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Question: “The Keynesian income – expenditure model assumes that the macro economy can be fine tuned and controlled in the same way as an engine in a car”. Evaluate the validity of this assertation. The economics is concerned of the production and consumption of goods or services. It also deals with the problem of scarcity. It can be divided into two sections‚ microeconomics and macroeconomics. The microeconomics deals the demand and supply for the individual part of the economy. The macroeconomics
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Ten million blacks are in poverty and they hold the highest percentage of those in poverty. “African American households have an annual income of $32‚068 compared to non-Hispanic White households who have an annual income of $54‚620”(Eitzen‚ Zinn‚ Smith 158). These facts show the truth behind income inequality. It is easier for white men to hold higher paid jobs than African Americans. Woman and children under the age of 18 also have very high numbers below the poverty
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