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Excise And Taxation Department, Punjab (Pakistan)
The Excise, Taxation & Narcotics Control Department is a department of Government of Punjab, Pakistan. The Excise, Taxation & Narcotics Control Department collects various taxes and duties and suggests ways and means for additional resource mobilization in the Province. Various type of taxes department collects include: * Motor Vehicle Tax * Property Tax * Excise Duty * Professional Tax * Entertainment Duty * Luxury House Tax on Houses & Farm Houses * Cotton Fee See also * Ministry of Finance (Pakistan) * Department of Revenue (Pakistan) * Federal Board of Revenue The Federal Board of Revenue (FBR) ( ur, ), 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 ... * Finance Department * Economy of Punjab References External links Excise and Taxation Department Finance Department Departments of Government of Punjab, Pakis ...
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Ministry (government Department)
Ministry or department (also less commonly used secretariat, office, or directorate) are designations used by first-level Executive (government), executive bodies in the Machinery of government, machinery of governments that manage a specific sector of public administration." Brockhaus and Efron Encyclopedic Dictionary, Энциклопедический словарь Брокгауза и Ефрона", т. XIX (1896): Мекенен — Мифу-Баня, "Министерства", с. 351—357 :s:ru:ЭСБЕ/Министерства These types of organizations are usually led by a politician who is a member of a cabinet (government), cabinet—a body of high-ranking government officials—who may use a title such as Minister (government), minister, Secretary of state, secretary, or commissioner, and are typically staffed with members of a non-political civil service, who manage its operations; they may also oversee other Government agency, government agencies and organiza ...
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Government Of Punjab, Pakistan
The Government of the Punjab ( ur, ), is the provincial government of the Pakistani province of Punjab. It is based in Lahore, the provincial capital. Its powers and structure are set out in the provisions of the Constitution, in which 41 districts come under its authority and jurisdiction. The government includes the cabinet, selected from members the Punjab Provincial Assembly, and the non-political civil staff within each department. The province is governed by a unicameral legislature with the head of government known as the Chief Minister. The Chief Minister, invariably the leader of a political party represented in the Assembly, selects members of the Cabinet. The Chief Minister and Cabinet are thus responsible for the functioning of government and are entitled to remain in office so long as it maintains the confidence of the elected Assembly. The head of the province is known as the Governor, appointed by the federal government, on behalf of the President, while the admin ...
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Property Tax
A property tax or millage rate is an ad valorem tax on the value of a property.In the OECD classification scheme, tax on property includes "taxes on immovable property or net wealth, taxes on the change of ownership of property through inheritance or gift and taxes on financial and capital transactions" (see: ), but this article only covers taxes on realty. The tax is levied by the governing authority of the jurisdiction in which the property is located. This can be a national government, a federated state, a county or geographical region or a municipality. Multiple jurisdictions may tax the same property. Often a property tax is levied on real estate. It may be imposed annually or at the time of a real estate transaction, such as in real estate transfer tax. This tax can be contrasted to a rent tax, which is based on rental income or imputed rent, and a land value tax, which is a levy on the value of land, excluding the value of buildings and other improvements. Under a p ...
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Excise Duty
file:Lincoln Beer Stamp 1871.JPG, upright=1.2, 1871 U.S. Revenue stamp for 1/6 barrel of beer. Brewers would receive the stamp sheets, cut them into individual stamps, cancel them, and paste them over the Bunghole, bung of the beer barrel so when the barrel was tapped it would destroy the stamp. An excise, or excise tax, is any duty (economics), duty on manufactured goods (economics), goods that is levied at the moment of manufacture rather than at sale. Excises are often associated with customs duties, which are levied on pre-existing goods when they cross a designated border in a specific direction; customs are levied on goods that become taxable items at the ''border'', while excise is levied on goods that came into existence ''inland''. An excise is considered an indirect tax, meaning that the producer or seller who pays the levy to the government is expected to try to recover their loss by raising the price paid by the eventual buyer of the goods. Excises are typically imp ...
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Luxury House Tax
Luxury may refer to: *Luxury goods, an economic good or service for which demand increases more than proportionally as income rises * Luxury tax, tax on products not considered essential, such as expensive cars ** Luxury tax (sports), surcharge put on the aggregate payroll of a sports team to the extent to which it exceeds a predetermined guideline level set by the league * Luxury car, expensive automobiles * Luxury train, expensive tourist trains *Luxury yacht, expensive privately owned, professionally crewed yacht * Luxury apartment, a type of property that is intended to provide its occupant with higher-than-average levels of comfort, quality and convenience * Luxury hotel, high-quality amenities, full-service accommodations and the highest level of personalized services * Luxury resort, exclusive vacation facilities *Luxury box, term for a special seating section in arenas, stadiums and other sports venues * Luxury magazine, magazines devoted to fine craft and luxury goods Mu ...
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Ministry Of Finance (Pakistan)
The Ministry of Finance and Revenue ( ur, ) or Ministry of Finance ( ur, , ''Wazarat-e-khazana'', abbreviated as MoF) is a ministry of the Government of Pakistan tasked to ensure a strong Pakistani economy by developing policies of sound economic management and providing expert advice to the government. Minister The Minister of Finance is leading cabinet member who responsible each year for presenting the federal government's budget. It is one of the most important positions in the Cabinet. Because of the prominence and responsibility of this position, it is not uncommon for former Ministers of Finance to be appointed Prime Minister. The current Minister of Finance of Pakistan is Miftah Ismail, he was appointed to this position by the Prime minister of Pakistan on 19 April 2022. The previous Minister of Finance was Shaukat Tarin. Divisions Finance The ''Finance Division'' comes under the supervision of the Secretary of Finance. The division's bureaucracy is divided into seve ...
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Department Of Revenue (Pakistan)
The Ministry of Finance and Revenue ( ur, ) or Ministry of Finance ( ur, , ''Wazarat-e-khazana'', abbreviated as MoF) is a ministry of the Government of Pakistan tasked to ensure a strong Pakistani economy by developing policies of sound economic management and providing expert advice to the government. Minister The Minister of Finance is leading cabinet member who responsible each year for presenting the federal government's budget. It is one of the most important positions in the Cabinet. Because of the prominence and responsibility of this position, it is not uncommon for former Ministers of Finance to be appointed Prime Minister. The current Minister of Finance of Pakistan is Miftah Ismail, he was appointed to this position by the Prime minister of Pakistan on 19 April 2022. The previous Minister of Finance was Shaukat Tarin. Divisions Finance The ''Finance Division'' comes under the supervision of the Secretary of Finance. The division's bureaucracy is divided into sev ...
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Federal Board Of Revenue (Pakistan)
The Federal Board of Revenue (FBR) ( ur, ), 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 evaders under surveillance, assess taxable incomes and perform special tasks for FBR Headquarters. FBR performs role of collection of taxation in the country from all individuals and businesses. FBR also collects intelligence on tax evasion and administers tax laws for the Government of Pakistan and acts as the central revenue collection agency of Pakistan. History Established as the ''Central Board of Revenue'' on 1 April 1924 through enactment of the "''Central Board of Revenue Act, 1924''". In 1944, the CBR was put under the ''Revenue Division'' with the Ministry of Finance until 1960, when on the recommendations of the "''Administrative Reorganization Committee"'', t ...
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Finance Department, Punjab (Pakistan)
Finance Department is a department of Government of Punjab, Pakistan. The Finance Department is responsible for supervision and control of provincial finances, preparation of provincial budget, formulation of Financial Rules, management of public debt. It is headed by the a provincial minister with coordination of a finance secretary. Awais Leghari is the provincial minister of Punjab since 12 June 2022. Functions The major functions of Finance Department are: * Management of public funds * Framing of financial rules for guidance of departments * Supervision of accounts of provincial departments * Flotation and administration of provincial loans * Administration of public revenue * Audit matters of provincial receipts and expenditure Wings Following are the main Wings of Finance Department to perform and manage the functions of the department: * Budget Wing * Regulations Wing * Local Government Finance * Economic Services Wing * Social Services Wing * Policy Analysis Cell * Monit ...
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Economy Of Punjab, Pakistan
Punjab (; , ) is one of the four provinces of Pakistan. Located in central-eastern region of the country, Punjab is the second-largest province of Pakistan by land area and the largest province by population. It shares land borders with the Pakistani provinces of Khyber Pakhtunkhwa to the north-west, Balochistan to the south-west and Sindh to the south, as well as Islamabad Capital Territory to the north-west and Autonomous Territory of AJK to the north. It shares an International border with the Indian states of Rajasthan and Punjab to the east and Indian-administered Kashmir to the north-east. Punjab is the most fertile province of the country as River Indus and its four major tributaries Ravi, Jhelum, Chenab and Sutlej flow through it. The province forms the bulk of the transnational Punjab region, now divided among Pakistan and India. The provincial capital is Lahore — a cultural, modern, historical, economic, and cosmopolitan centre of Pakistan. Other major cities in ...
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Departments Of Government Of Punjab, Pakistan
Department may refer to: * Departmentalization, division of a larger organization into parts with specific responsibility Government and military *Department (administrative division), a geographical and administrative division within a country, for example: ** Departments of Colombia, a grouping of municipalities **Departments of France, administrative divisions three levels below the national government ** Departments of Honduras **Departments of Peru, name given to the subdivisions of Peru until 2002 **Departments of Uruguay *Department (United States Army), corps areas of the U.S. Army prior to World War I * Fire department, a public or private organization that provides emergency firefighting and rescue services *Ministry (government department), a specialized division of a government * Police department, a body empowered by the state to enforce the law * Department (naval) administrative/functional sub-unit of a ship's company. Other uses * ''Department'' (film), a 2012 Bol ...
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