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Equalization payments are cash payments made in some federal systems of government from the federal government to subnational governments with the objective of offsetting differences in available revenue or in the cost of providing services. Many federations use fiscal equalisation to reduce the inequalities in the fiscal capacities of sub ...
An exception to this rule is a state's share of value added tax revenue; up to a quarter of a state's tax revenue can be assigned to especially weak states in advance. The equalization payments are being stepped up, the states entitled to payment adjustments should now receive 95% of the average of all states' revenue compared to 91% in the past.
A patrol car of Pakistan's National Highways & Motorway Police on the M2 Motorway. The National Highways & Motorway Police (Urdu: نیشنل ہائی ویز اینڈ موٹروے پولیس), abbreviated NHMP, is a police force in Pakistan that is responsible for enforcement of traffic and safety laws, security and recovery on Pakistan's National Highways and Motorway network.
The Inland Freight Equalization Margin (IFEM) is a regulatory measure implemented in Pakistan to equalize the price of petroleum products across different regions of the country. [ 1 ] [ 2 ] It includes the costs for refineries to transport crude oil from its source to their facilities, as well as the expenses for Oil Marketing Companies (OMCs ...
KGTL paid $50 million to Karachi Port Trust on April 22 2024 as upfront payment. [19] [20] [21] Of this upfront payment $25 million are for concession fee and the remaining $25 million are advance payment for use of the port for KGTL's container terminal operations. [20] Mr. Khurram Aziz Khan is the current CEO of both KGTL and KGTML. [22]
Freight equalisation policy was adopted by the Government of India (Union Government) to facilitate the equal growth of industry all over India (Indian Union). This meant a factory could be set up anywhere in India and the transportation of minerals would be subsidised by the Union Government. The policy was introduced in 1952, and remained in ...
Municipal Government of Karachiشہری حکومتِ کراچی. Barr. Murtaza Wahab. The Municipal Government of Karachi is the administrative body for the city of [ [Karachi], [Sindh]], Pakistan. Presently the Municipal Local Government Karachi consists mainly of the Karachi Metropolitan Corporation, headed by the Mayor or Administrator .
Taxation. Tax equalization is a policy applied by some international companies under which employees who are hired in one country and later accept a (temporary) assignment in another country do not have their total after-tax ("take-home") compensation changed depending on the tax regimes of the country they move to.