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The preparation of a final accounting is the last stage of the accounting cycle. It determines the financial position of the business. Under this, it is compulsory to make a trading account, the profit and loss account, and balance sheet. The term "final accounts" includes the trading account, the profit and loss account, and the balance sheet.
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.
The knowledge of Khudabadi script became important for employing people who intend to go to overseas so that their business accounts and books can be kept secret from foreign people and government officials. Schools started teaching the Sindhi language in Khudabadi script. [6] After Mir Nasir Khan Talpur's defeat, British rule commenced in Sindh.
The FBISE was established under the FBISE Act 1975. [2] It is an autonomous body of working under the Ministry of Federal Education and Professional Training. [3] The official website of FBISE was launched on June 7, 2001, and was inaugurated by Mrs. Zobaida Jalal, the Minister for Education [4] The first-ever online result of FBISE was announced on 18 August 2001. [5]
The Federal Advisory Board was created in 1940 to fill the need for an organisation which could initiate, supervise and promote the publication of material in Sindhi language. In 1950, a more powerful executive committee was constituted, and in March 1955 the Sindhi Adabi Board was brought into being. [citation needed]
The board also owns a stadium in Latifabad used for league, inter-club and -city hockey tournaments. But sporting events The District Hockey Association (DHA) for the Hyderabad District, Pakistan had allocated a budget of 1.6 million rupees for renovations for the betterment of hockey arenas but were reluctant to give the board their share.
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Taxation in Pakistan is a cornerstone of the country’s economic framework, managed by the Federal Board of Revenue (FBR). The FBR operates under the Ministry of Finance and is tasked with formulating tax policies, collecting federal taxes , and ensuring compliance with tax laws.