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Ready reckoner. A ready reckoner is a printed book or table containing pre-calculated values, often multiples of given amounts. They were widely used in shops and by tradesmen before the advent of cheap electronic calculators, metric weights and measures and decimal currencies in the 1970s.
KIBOR. The Karachi Interbank Offered Rate (KIBOR) is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Karachi wholesale (or "interbank") money market. [1] The banks used it as a benchmark in their lending to corporate sector.
Taxation in Pakistan is a complex system of more than 70 unique taxes administered by at least 37 agencies of the Government of Pakistan. [1] According to the FBR, in 2021, the number of registered tax filers had grown to 7.1 million out of which only 2.5 million were active tax filers.
Import duty. Custom duties are levied according to the rates given in the First Schedule, which includes: Goods imported to Pakistan. Goods purchased in bond from one custom station to another. Goods brought from a foreign country to any customs station that are trans-shipped or transported without the payment of duty to another customs station.
September 16, 2024 at 8:28 PM. Sloan Graeme /Sipa USA. The Fed is expected to cut interest rates this week, a decision likely to be the start of a gradual decline in how much consumers pay for ...
A heart attack occurs when blood flow to the heart becomes blocked. The most common cause is atherosclerosis, but other conditions like a blood clot, spasm, or tear in your coronary arteries can ...
An old shipwreck, believed to be the World War I vessel the SS Tobol, has been uncovered off the northeast coast of Scotland, solving what discoverers say is a "107-year-old maritime mystery."
The stepped reckoner or Leibniz calculator was a mechanical calculator invented by the German mathematician Gottfried Wilhelm Leibniz (started in 1673, when he presented a wooden model to the Royal Society of London [2] and completed in 1694). [1] The name comes from the translation of the German term for its operating mechanism, Staffelwalze ...