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Custom duties are levied according to the rates given in the First Schedule, which includes: Goods imported to Pakistan; Goods purchased in bond from one custom station to another; Goods brought from a foreign country to any customs station that are trans-shipped or transported without the payment of duty to another customs station.
This is a list of Pakistani administrative units by their gross state product (GSP) (the value of the total economy, and goods and services produced in the respective administrative unit) in nominal terms. GSP is the unit-level counterpart of the national gross domestic product (GDP), the most comprehensive measure of a country's economic activity.
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10.. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are valued relative to the basic unit by a power of 10, most commonly ...
A commonly used land measurement unit in Punjab is karam or square karam. [3] Other units include the Sarsai and units listed. [4] This the current system of measurement of farm land. All Units. 1 karam × 1 karam = 1 sq. karam 5.5 feet × 5.5 feet = 30.25 sq. feet 30.25 square feet = 1 Sarsai 9 Sarsai (sq. Karam) = 1 Marla (272.25 sq. feet)
The State Bank of Pakistan then stabilized the exchange rate by lowering interest rates and buying dollars, to preserve the country's export competitiveness. 2008 was termed a disastrous year for the rupee after the elections: between December 2007 and August 2008, it lost 23% of its value, falling to a record low of Rs.79/ 20 against the US ...
Force Command Northern Areas is a division size formation of the Pakistan Army. It commands the troops deployed in the Northern Areas of Pakistan. [1] It is a component of X Corps of the Pakistan Army. In contrast to the general belief that it is a corps sized formation, it is a division sized force commanded by a major general. Its coat of ...
A Kanal is a unit of area, equivalent to 5445 square feet or one-eighth of an acre.It is mainly used in Punjab province of Pakistan.Under British rule the Marla and Kanal were standardized so that the Kanal equals exactly 605 square yards or 1/8 acre; this is equivalent to about 505.857 square meters.
Zakat is also payable on agricultural goods, precious metals, minerals, and livestock at a rate varying between 2.5 and 20 percent, depending on the type of goods. [ 17 ] [ 18 ] Income from business, salaries and other means are traditionally exempt.