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The Board of Revenue of Sindh, Pakistan is responsible for collecting all tax revenue of the Government of Sindh.Board of Revenue is the Controlling authority in all matters connected with the administration of Revenue collection including land taxes, land revenue, preparation of land record and other matters relating to providing relief to those affected by calamites.
Below is a summary of the applicable sales tax rates in Pakistan: [13] Sales tax on goods: 18%; Sindh sales tax on services: 15%; Punjab sales tax on services: 16% [14] Balochistan sales tax on services: 15%; Khyber Pakhtunkhwa (KPK) sales tax on services: 15%; Islamabad Capital Territory (tax on services): 15% [15]
The Federal Board of Revenue (FBR) (Urdu: وفاقی بورڈ محصولات), formerly known as Central Board of Revenue (CBR), is a federal law enforcement agency of Pakistan that investigates tax crimes, suspicious accumulation of wealth, money-laundering make regulation of collection of tax. FBR operates through Inspectors-IR that keep tax ...
Raast (Urdu: راست; lit. ' direct ') is an instant payment system developed by the State Bank of Pakistan (SBP). [1] It operates using the state-of-the-art Pakistan Faster Payment System (PFPS), facilitating real-time settlement of small-value retail payments, including inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. [2]
PayPak (Urdu: پے پاک) is a domestic payment service available in Pakistan. [1] It was launched in 2016 by 1Link to save inter-change costs of International Payment Schemes. PayPak cards can only be used on ATMs, POS terminals, and online transactions within Pakistan. [2]
The Government of Sindh (Sindhi: حڪومت سنڌ) (Urdu: حکومتِ سندھ) is the provincial government of the province of Sindh, Pakistan. Its powers and structure are set out in the provisions of the 1973 Constitution , in which 30 Districts of 7 Divisions under its authority and jurisdiction.
In Pakistan, the system of compulsory collection and distribution of Zakat and Ushr began in 1980, [1] with an ordinance decreed by General Muhammad Zia-ul-Haq calling for a 2.5% annual deduction from personal bank accounts on the first day of Ramadan, with the revenue to be used for poverty relief.
This Sindhi Sikh organization practices unique traditions, such as kaladhaga (a black, talisman thread said to ward off evil from black magic and witchcraft) and Ichhpuran Diwas (day of wish fulfillment, carried-out twice a year where token payments and gift exchanges occur with an forty-day uninterrupted reading of the Sikh scripture). [1]