Search results
Results from the WOW.Com Content Network
A chit fund is a type of rotating savings and credit association system practiced in India, Bangladesh, Sri Lanka, Pakistan and other Asian countries. Chit fund schemes may be organized by financial institutions, or informally among friends, relatives, or neighbours. In some variations of chit funds, the savings are for a specific purpose.
The Partition of India in 1947 was the change of political borders and the division of other assets that accompanied the dissolution of the British Raj in the Indian subcontinent and the creation of two independent dominions in South Asia: India and Pakistan. [1] [2] The Dominion of India is today the Republic of India, and the Dominion of ...
The World Bank is a United Nations international financial institution, a component of the World Bank Group, and a member of the United Nations Development Group, but it also collects and analyses information on demography issues based on international and national sources: (1) United Nations Population Division. World Population Prospects, (2 ...
History. Pakistan joined IMF on 11 July 1950 as newly established country was facing fiscal problems since its creation in 1947 from British India . In 1958, for the first time, Pakistan went to IMF for bailout. For this, IMF lent out US$25,000 (equivalent to $264,014 in 2023) [originally the loan-amount is given in SDR; [4] for this article it ...
Nadar, nicknamed by friends as Magus (Old Persian for "wizard"), since the mid-1990s he has focused his efforts on developing the educational system of India through the Shiv Nadar Foundation. According to Forbes , He is the 3rd richest person in India and the 30th richest person in the world with an estimated net worth of US$40 billion as of ...
The Inland Revenue Service ( IRS) is a department of the Federal Board of Revenue (FBR) in Pakistan. It was established in 2009 and holds the responsibility for overseeing various aspects of domestic taxation, encompassing Sales Tax, Income Tax, and Federal Excise Duty. [1] [2]
Ignite National Technology Fund [2] or simply Ignite (formerly National ICT R&D Fund) is a non-profit company owned by the Government of Pakistan and administered by the Ministry of Information Technology and Telecommunication. [3] It provides grants to startups and innovate projects, operates incubators [4] and digital skills training [5 ...
Pakistan and the International Monetary Fund reached a preliminary agreement for the release of $1.1 billion from a $3 billion bailout following dayslong talks in Islamabad, the IMF said Wednesday.