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Members classified as "on strike" have varied considerably throughout, although remaining less than 1 percent of the total membership. IAM contracts also cover some non-members, known as agency fee payers, which since 2005 have grown to number comparatively just over 1 percent of the size of the union's membership. [12]
A chart of accounts (COA) is a list of financial accounts and reference numbers, grouped into categories, such as assets, liabilities, equity, revenue and expenses, and used for recording transactions in the organization's general ledger. Accounts may be associated with an identifier (account number) and a caption or header and are coded by ...
The worker who chooses Financial Core status is not a union member, cannot run or vote in union elections, and is legally referred to as a "Fee Paying Non Member" or an "Agency Fee Payer." On the job, they are often referred to as Financial Core workers, or Ficore workers.
The Federal Board of Revenue (FBR) (Urdu: وفاقی بورڈ محصولات), formerly known as Central Board of Revenue (CBR), is a federal law enforcement agency of Pakistan that investigates tax crimes, suspicious accumulation of wealth, money-laundering make regulation of collection of tax. FBR operates through Inspectors-IR that keep tax ...
The Institute of Chartered Accountants of Pakistan (Urdu: ادارہَ محاسبانِ منشوری ، پاکستان, ICAP) is a professional accountancy body in Pakistan. It has over 10,096 members working locally and globally. [1] [2] It was established on July 1, 1961 to regulate the profession of accountancy and audit in Pakistan. It is ...
The issue of agency fee payments was a national and serious one. By 1984, about 5 percent of employees at work sites covered by a union contract had opted not to join the union and instead pay an agency fee. [48] In 1987, the same number of workers covered by CWA contracts were agency fee payers. [58]
Rates of service tax varries depends on status of the tax payers and type of services. Generally its 4% for active taxpayers and 8% for inactive taxpayers or late filers. Some of the services are taxed at reduced rates although. [7] Income tax on export of services in Pakistan is 1%.
The Securities and Exchange Commission of Pakistan (SECP) (Urdu: سیکیورٹیز اینڈ ایکسچینج کمیشن آف پاکستان), formerly known as Company Law Administration, Company Law Board, and Corporate Law Authority, is the corporate legislative and financial regulatory agency of Pakistan whose objective is to develop a modern and efficient corporate sector and a capital ...