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Below is a summary of the applicable sales tax rates in Pakistan: Sales tax on goods: 18%. Sindh Sales tax on services: 19.5%. Punjab Sales tax on services: 16%. Balouchistan Sales tax on services: 15%. Khyber Pakhtunkhwa (KPK) Sales tax on services: 19.5%. Islamabad Capital Territory (Tax on Services): 16%.
A foreign tax credit (FTC) is generally offered by income tax systems that tax residents on worldwide income, to mitigate the potential for double taxation. The credit may also be granted in those systems taxing residents on income that may have been taxed in another jurisdiction. The credit generally applies only to taxes of a nature similar ...
Money portal. v. t. e. A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they owe the state. [1] It may also be a credit granted in recognition of taxes already paid or a form of state "discount" applied in certain cases.
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The Human Development Report includes data for all 193 member states of the United Nations, [16] as well as Hong Kong SAR and the State of Palestine. However, the Human Development Index is not calculated for two UN member states: DPR Korea (North Korea) and Monaco, only some components of the index are calculated for these two countries.
The American Rescue Plan raised the maximum Child Tax Credit in 2021 to $3,600 per child for qualifying children under the age of 6 and to $3,000 per child for qualifying children ages 6 through ...
The European Credit Transfer and Accumulation System ( ECTS) is a standard means for comparing academic credits, i.e., the "volume of learning based on the defined learning outcomes and their associated workload" for higher education across the European Union and other collaborating European countries. [1] For successfully completed studies ...
Upper secondary education. Upper secondary education includes the grades 11 and 12th classes. The exam are held by Boards of Intermediate and Secondary Education [2] (BISE). [3] Percentile. WES Equivalency. 80–100. A+. 70–79.