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  2. Earnest payment - Wikipedia

    en.wikipedia.org/wiki/Earnest_payment

    An earnest payment or earnest money is a specific form of security deposit made in some major transactions such as real estate dealings or required by some official procurement processes to demonstrate that the applicant is serious and willing to demonstrate an earnest of good faith about wanting to complete the transaction. [1]

  3. What Is Earnest Money? - AOL

    www.aol.com/news/earnest-money-134502821.html

    Earnest money is a "good faith" deposit the homebuyer provides with an offer, to show the seller an intent to follow through on a home purchase. The funds are typically held in an escrow account ...

  4. Refund - Wikipedia

    en.wikipedia.org/wiki/Refund

    Money back guarantee, a guarantee that, if a buyer is not satisfied with a product or service, a refund will be made Tax refund , a refund on taxes when the tax liability is less than the taxes paid Refunding , when debt holders calls back bonds with the express purpose of reissuing new debt

  5. Taxation in Pakistan - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_Pakistan

    However, with the incorporation of Section 114B in the Income Tax Ordinance, 2001, vide Finance Act 2022, FBR can now enforce the filing of Income Tax Returns by disabling mobile phones, sims, electricity connections, gas connections and restricting foreign travel of non-filers.

  6. Profit and loss sharing - Wikipedia

    en.wikipedia.org/wiki/Profit_and_loss_sharing

    Instead of lending money to banks at a rate of 6.5% for them to lend to exporting firms at 8% (as it does for conventional banks), it uses a musharaka pool where instead of being charged 8%, firms seeking export credit are "charged the financing banks average profit rate based on the rate earned on financing offered to ten 'blue-chip' bank ...

  7. Deposit-refund system - Wikipedia

    en.wikipedia.org/wiki/Deposit-refund_system

    A deposit-refund system (DRS), also known as deposit-return system, advance deposit fee or deposit-return scheme, is a surcharge on a product when purchased and a rebate when it is returned. A well-known example is when container deposit legislation mandates that a refund is given when reusable packaging is returned.

  8. Financial Monitoring Unit - Wikipedia

    en.wikipedia.org/wiki/Financial_Monitoring_Unit

    The Financial Monitoring Unit (Urdu: مالیاتی نگرانی اکائی, abbreviated as FMU) is the Financial Intelligence Unit (FIU) of Pakistan established under the provisions of Anti-Money Laundering Act, 2010 (Previously Anti-Money Laundering Ordinance, 2007).

  9. Container-deposit legislation - Wikipedia

    en.wikipedia.org/wiki/Container-deposit_legislation

    Container-deposit legislation (also known as a container-deposit scheme, deposit-refund system or scheme, deposit-return system, or bottle bill) is any law that requires the collection of a monetary deposit on beverage containers (refillable or non-refillable) at the point of sale and/or the payment of refund value to the consumers. When the ...