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Map of Pakistan showing the provinces. Pakistan first issued revenue stamps when it became independent in 1947 and continues to issue revenues to this day. In addition to national issues, the provinces of Balochistan, North West Frontier, Punjab, Sindh, as well as Azad Jammu and Kashmir, West Pakistan and the capital Islamabad also have or had their own stamps.
Besides postage stamps and souvenir sheets, the post office also sells first day covers, leaflets with and without stamps on it and postal stationery. Earlier, the post office did not use any specific numbering system but this changed when they started using a rather simple system on their leaflets: xxxx – y where xxxx is the year and y is ...
The period from July 1 to June 30 is considered as a normal tax year for Pakistan tax law purposes. Income Tax: This tax is levied on the income of individuals, associations of persons (AOPs), and corporations. For instance, individuals earning less than PKR 600,000 annually are exempt from income tax, while those with annual earnings exceeding ...
Siddiqui Stamps Catalogue - Collect Pakistan Postage Stamps 2011 Edition available at www.pakistanphilately.com Editor: Akhtar ul Islam Siddiqui; Ron Doubleday and Usman Ali Isani, Pakistan Overprints on Indian Stamps and Postal Stationery 1947–1949, Karachi (1993).
Cancelled-to-order "stamps" of Fujairah, one of the United Arab Emirates, showing unobtrusive placement of cancellations in stamp corners A cancelled to order (also called and abbreviated CTO ) postage stamp , philatelic symbol , [ 1 ] is a stamp the issuing postal service has cancelled (marked as used), but has not traveled through the post ...
Jawabi Hundi - if money is transferred from one place to another through the hundi and the person receiving the payment on is to give an acknowledgement (jawab) for same, then such a hundi is known as a Jawabi Hundi. Khaka Hundi - a hundi which has already been paid is known as a Khaka Hundi.
Legal tender is a form of money that courts of law are required to recognize as satisfactory payment in court for any monetary debt. [1] Each jurisdiction determines what is legal tender, but essentially it is anything which, when offered ("tendered") in payment of a debt, extinguishes the debt.
The federal government first issued paper money in 1861 to fund the Civil War. [10] Before that, all U.S. paper money was bank-issued money. For example, paper notes were issued by the First Bank of the United States, which was a private corporation chartered by the federal government. [11]