Naswar Corner

[Dubious]

We did start a program for just this thing, we used an American model called CERT and had permission from FEMA USA to use the training material for Pakistan. All the manuals and teaching materials were modified to urdu and local consumption and at its peak we had a database of 200 trained volunteers in Islamabad alone.

The concept was simple, train members of the community to provide basic first aid, fire safety, crowd control and traffic direction. The members were trained and registered with National Volunteer movement and would be called upon during an national emergency, otherwise would help when they could in an incident.

The Training Curriculum covered the following areas:
Module 1: Disaster Preparedness
Module 2: Fire Safety
Module 3: Disaster Medical Operations—Part 1
Module 4: Disaster Medical Operations—Part 2
Module 5: Light Search and Rescue Operations
Module 6: CERT Organization
Module 7: Disaster Psychology
Module 8: Terrorism and CERT
Module 9: Course Review and Disaster Simulation

The program reached its peak during the musharraf era, but as soon as this government came into power they disbanded the program and disbanded the national volunteer movement.

Here are some pictures:

Govt ko tarki say waddi problem!

@Talon @Aeronaut @Hyperion

ana hai kisi ne ...............??

@huda Yummy!! Thanks!

 

[arp2041]

@Armstrong

ctrl C + ctrl V

 

[Huda]

(1) The Difference between Private & Statutory Company ?

A Private Limited Company is usually owned by a small number of shareholders & its shares are not traded on the Stock Exchange i.e they are not open to public acquisition !

A Public Limited Company on the other hand is usually owned by a large number of shareholders & its shares ARE traded on the Stock Exchange with the general public being one of its many shareholders.

A Statutory Company on the other hand is a company created through 'Statute' or an Act of Parliament. Its Directors are wholly appointed by the Government, it is wholly Government owned & it answers to the Parliament. Its shares are not available to the General Public.
For Example; the Oil & Gas Development Corporation Limited (OGDCL) was created through an Act of Parliament in 1961 as OGDC & was made a Public Limited Company in 1997 i.e its shares were offered to the General Public.

(2) What is a Memorandum of Association ?

It is essentially a document that is required to be prepared at the time of the birth of a company or in other words at the time of its incorporation. What this document essentially states is that the subscribers (or the founders) want to create a company as its members, that the company would have a share capital (i.e owner's funds) & that each of its subscribers/members would own at least one share in the company.

It along with the Article of Association (a document that lists the rules, the regulations & the agreements by which the company would be governed) form the Constitution of a Company.

(3) What are the four types of Taxes ?

(a) Income Tax (tax on an individual's taxable income)

(b) Corporation Tax (tax on a company's taxable profits)

(c) Capital Gain's Tax (tax on the income obtained from the sale of non-inventory taxable asset i.e if you were to be a Doctor & you sold a car the tax levied on the sale of that car would be capital gain's tax & not income tax because your normal profession is medical practice not selling cars hence the income from the sale of your car would not be included as part of your income & tax accordingly but will be considered as income from the sale of a non-inventory taxable asset & taxed according to the rate of tax applicable to Capital Gain's Tax)

(d) Inheritance Tax (the tax on assets inherited by you from a deceased relative. For example if you were to inherit a 1 kannal plot from an Uncle that just died then the Government would tax you at a particular tax rate on a particular amount & the resultant tax that you are to pay would be called Inheritance Tax)

The Differences between these 4 lie in :

(i) the way in which 'taxable income' is calculated in each of the different types of taxes.

(ii) the 'allowances' & 'exemptions' given by the Government (Federal Bureau of Revenue) in each of the different types of taxes.

(iii) the rate at which the tax is calculated i.e @20% of Income or @13% of Income ! And this rate varies from one type to another.





P.S I studied this a while back & my accounting was always pretty lousy so forgive me if I've made any mistakes therein !

thnk u s0o much sIr

and direct tax means?

 

[A.Rafay]

@A.Rafay Hawaii 5.0 is nice! I hope you mean the new 1 not the ancient 1! Those 2 main actors are always like husband and wife and what is wrong with the wife of the blondey? Shes 50-50 kabhi us munday naal kabhi iss munday naal! Pagli!

Konsi NCIS? There 2...NCIS and NCIS:LA

Didn't get Nikita...1st episode itna khas nai laga!



@KingMamba93 apart from Michael having a stiff face ...he has good moves nice body nice face....the girl is hawt! and well....Story line is nice! But they just had to kill the brother

Actually i have watched many of them CSI, 24, Miami Vice, Nikita But i often miss some episodes in between BTW have you watched Dukes of hazzard?

 

[arp2041]

thnk u s0o much sIr

and direct tax means?

Direct tax is that tax which a citizen directly pays to the govt. such as Income Tax.

But there are some taxes that goes indirectly (1 or more intermediaries) to the Govt. like sales Tax where a consumer buys certain thing & seller charge sales tax on it which he has to give to Govt. or another eg. can be taxes on a commodity like Petrol.

 

[Armstrong]

@Armstrong

ctrl C + ctrl V

Abbaiii kammeeeneiii bhai neiii puraa likhaaa haiii !

 

[Kompromat]

@p(-)0ENiX @Marshmallow

Calm down kids.

 

[livingdead]

thnk u s0o much sIr

and direct tax means?

Is this anyway related to your homework?

 

[arp2041]

Abbaiii kammeeeneiii bhai neiii puraa likhaaa haiii !

Tere Bhai Ney????

Kaha sey pad key???

@Aeronaut is kammeeeneeii allowed???

 

[Dubious]

@Marshmallow , @p(-)0ENiX
Can somebody tell me where people are fighting here... which is strange..on this tread?
I tried to read some previous pages but have no clue.

@hinduguy koi lamba chora mamla door ki kahani!

I fast fwd the thread through that part!

@Talon @Aeronaut @Hyperion

ana hai kisi ne ...............??

Baycharay @Armstrong ko dieting pay laga ya wa hai @huda nay

Actually i have watched many of them CSI, 24, Miami Vice, Nikita But i often miss some episodes in between BTW have you watched Dukes of hazzard?

@A.Rafay Never heard of dukes of hazzard!!

 

[Huda]

@hinduguy koi lamba chora mamla door ki kahani!

I fast fwd the thread through that part!


Baycharay @Armstrong ko dieting pay laga ya wa hai @huda nay

nhi ye ap l0go k liye hai professor ( @Armstrong ) ne meri bht help ki hai un k liye alag menu set hai

 

[Dubious]

Didnt work

 

[Armstrong]

thnk u s0o much sIr

and direct tax means?

Direct Tax :

(a) the Tax Payer pays direct taxes directly to the Government.

(b) they are based on income/profits & so the more that is earned the more tax is paid.

Example : Income Tax, Capital Gains Tax, Corporation Tax & Inheritance Tax.

Indirect Tax :

(a) It is an indirect tax collected from the Tax Payer via an Intermediary (e.g a shop owner) & then paid by the Intermediary to the Government.

(b) It is usually Ad Valorem i.e as a percentage of the item's value e.g 15% of a Pepsi bottle's cost.

Example : VAT (Valued Added Tax) or GST (General Sales Tax) !

For example if you were to buy a bottle of shampoo costing Rs. 100 & the GST was 15% of cost then the price of the bottle would be Rs.115 & this would be the amount the shop owner would ask you to pay up. You'd pay him Rs.115 & of it he'd keep Rs.100 for himself & pay of Rs.15 to the Government (FBR) as an Indirect Tax Collected on their behalf.

 

[Dubious]

@Marshmallow

Or maybe this 1

 

[arp2041]

Direct Tax :

(a) the Tax Payer pays direct taxes directly to the Government.

(b) they are based on income/profits & so the more that is earned the more tax is paid.

Example : Income Tax, Capital Gains Tax, Corporation Tax & Inheritance Tax.

Indirect Tax :

(a) It is an indirect tax collected from the Tax Payer via an Intermediary (e.g a shop owner) & then paid by the Intermediary to the Government.

(b) It is usually Ad Valorem i.e as a percentage of the item's value e.g 15% of a Pepsi bottle's cost.

Example : VAT (Valued Added Tax) or GST (General Sales Tax) !

For example if you were to buy a bottle of shampoo costing Rs. 100 & the GST was 15% of cost then the price of the bottle would be Rs.115 & this would be the amount the shop owner would ask you to pay up. You'd pay him Rs.115 & of it he'd keep Rs.100 for himself & pay of Rs.15 to the Government (FBR) as an Indirect Tax Collected on their behalf.

Ctrl C + Ctrl V 2.0