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The majority of government departments and organizations adhere to the BPS System. Examples of other pay systems in Pakistan include the Special Pay Scale (SPS) and army scales, while private organizations, companies, and industries are free to devise their own pay structures, subject to the government setting a minimum salary for private ...
As of January 3, 2022, effective state minimum wage rates range from US$7.25 to US$15.00 per hour, with an average of about $12.00 across all minimum wage workers as of 2019. [238] [239] [240] Local government minimum wages exist as well, the highest of which reach to $17.13 per hour. [241] 15,080: 15,080. 40 7.25: 7.25. 26.2 % 3 Jan 2022 Uruguay
Low-income economies (WB) 9.79%: 2017: Middle-income economies (WB) — Upper middle income economies (WB) 3.70%: 2017: High-income economies (WB) 2.02%: 2017: European Union: 1.39%: 2021: 5.2%: 2021: 1.49%: 2021: Notes: WB: Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares ...
The Quota system in Pakistan was established to give every region of the country representation in institutions according to their population. The Quota System was first introduced in Pakistan in 1948 [ 1 ] [ 2 ] [ 3 ] The Civil Service of Pakistan selects only 7.5% of the applicants by merit, education, qualification and experience.
The Karachi Interbank Offered Rate (KIBOR) is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Karachi wholesale (or "interbank") money market. [1] The banks used it as a benchmark in their lending to corporate sector. [2]
The Employees' Old-Age Benefits Institution (EOBI) (Urdu: ادارہِ مراعاتِ معمّر ملازمین) is the pension, old age benefits and social insurance institution of the Government of Pakistan. It operates under the control of Ministry of Overseas Pakistanis and Human Resource Development. [1]
Reservation is a system of affirmative action in India that was established during the British rule.Based on provisions in the Indian Constitution, it allows the Union Government and the States and Territories of India to allocate a specific percentage of reserved quotas or seats, in higher education admissions, employment, political bodies, etc., for "socially and economically backward citizens".
Customs broker is a profession which expertise include tariff and customs laws, rules and regulations for the clearance of imported or exported goods or merchandise from customs authority, preparation of import or export documents including computation and payment of duties, taxes and other charges accruing thereon, representing clients before ...