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Over-reliance on Indirect Taxes: Pakistan’s tax system is heavily dependent on indirect taxes, such as sales tax, which are regressive and disproportionately affect low-income individuals. Corruption: According to a 2002 study, 99% of 256 respondents reported facing corruption with regard to taxation. Furthermore, 32% of respondents reported ...
The Karachi Metropolitan Corporation didn't get to acquire the power for property tax collection under the act despite several efforts by its mayors which accounted for 7.2% of its total revenues, the Sindh government was inefficient in collecting property tax and according to the world bank Staff Upraisal report of 1993, delegating it to ...
The tax is to be paid by a registered trader within 40 days. As per the rules, every trader whose annual turnover of purchase and sales of the goods included in the taxable schedule is not less than ₹ 5000 and if the annual turnover of purchase and sales of all the goods is not less than ₹ 1,00,000 (one lakh) is supposed to be registered with the local civic body i.e. municipality.
In line with its status as a major port and the country's largest metropolis, it accounts for most of Pakistan's revenue generation. According to the Pakistan Federal Board of Revenue's 2006-2007 year-book, tax and customs units in Karachi were responsible for 70.75% of direct taxes, 33.65% of federal excise tax, and 23.38% of domestic sales tax. [3]
Karachi (/ k ə ˈ r ɑː tʃ i /; Urdu ... Board of Revenue's 2006–2007 year book, tax and customs units in Karachi were responsible for 46.75% of direct taxes, ...
Karachi Metropolitan Corporation (Urdu: بلدیہَِ عظمیٰ کراچی) is a public corporation and governing body to provide municipal services in most of Karachi, the capital of Sindh. [ 1 ] History
The Municipal Commissioner is appointed by Government of Maharashtra under section 54 of Mumbai Municipal Corporation Act, 1888. The Municipal Commissioner is responsible for developing & maintaining civic infrastructure of the city like water supply, roads, storm water, drainage and efficient delivery of various services to the citizens of Mumbai.
The tenure of the Mayor and Deputy Mayor is two and a half years. The Commissioner, a key figure in the local self-government, is the executive head. He is the final administrative authority for the local self-government of Mumbai. For administrative purposes, Greater Mumbai is divided into 7 zones, each consisting of 3 to 5 wards named ...