Messages In This Digest (10 Messages)
- 1.
- Fw: Pakistan's Economy - agriculture From: Muhammad Zahid Inam
- 2.
- Senior Corporate Tax Accountant, to $80K + bonus From: Ed Freeman
- 3.
- IT Manager + Other Opportunities visit (www.esquare.com.pk) From: Shahid Sheikh
- 4.
- Market Manager : Burhani Hospital From: COMMUNITY AWARENESS
- 5.
- Job Vacancy for Chartered Accountant From: Mansoor Ahmad
- 6.
- Fw: [PowerPakistan] Cement makers seek duty waiver on rubber scrap From: Muhammad Zahid Inam
- 7.
- Capital and Revenue Items Part 2 From: khalid aziz
- 8.
- Fw: [PowerPakistan] Fw: Pumped-up prices From: Muhammad Zahid Inam
- 9.
- Jobs in Textile Industry From: azizasrani@yahoo.com
- 10.
- Required Assistant Manager Production From: azizasrani@yahoo.com
Messages
- 1.
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Fw: Pakistan's Economy - agriculture
Posted by: "Muhammad Zahid Inam" zahid.inam@yahoo.com financial_activist
Fri May 27, 2011 5:33 am (PDT)
Pakistan's Economy - agriculture
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>Agriculture is
the largest sector of Pakistan's economy and accounts for 22 per cent of GDP.
It provides employment to over 40 per cent of total employed workforce.
Agricultural sector of Pakistan is usually divided into crops, livestock and
fisheries. The crop sector accounts for about 65 per cent of agriculture share
in the GDP. Blessed with abundantly available national resources and favorable
climate, Pakistan stands as an ideal place for crop, animal, forestry and fish
production. Crop sector banks on cotton, rice, fruits, vegetables etc. while
livestock accounts for 30 per cent of agriculture GDP. Forestry and fisheries
make up less than 2 per cent of the total. Pakistan agriculture and its related
products comprise of major and minor crops, vegetables and spices, fruits,
edible oils, livestock, milk, poultry, fisheries etc. Pakistan's major and
minor food crops are wheat, rice, maize, jowar, bajra, barley; cash crops are
sugarcane, cotton, sugar beet and guar seed; pulses are gram, mung, and masoor;
edible oilseeds are sesamum, groundnut, soybean, sunflower, canola, safflower,
and cotton seed.
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>The average
production of some important crops are (in 000 tons): wheat (22,109), rice
(4,991), bajra (193), jawar (186), maize (2,275), barley (96), gram (582),
sugarcane (45,316), cotton (2,486), tobacco (84), rapeseed and mustard (227),
and sesamum (30).
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>Pakistan is
ranked fourth in worldwide sugarcane production and 12th in sugarcane production.
The production of sugar is about 4.35 million tons from 77 mills. Fruits,
vegetables and floriculture have important impact on agricultural economy. The
yearly production of fruits, vegetables and spices is 12 million tons. The
production of important fruits include (in 000 tons): citrus (1,948), mango
(1,074), dates (622), apples (380), banana (158), apricot (206), almonds (23),
grapes (49), guava (571), peach (70), pears (31), plums (61), and pomegranate
(50).
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>The
horticulture product holds huge market for exports. The relative importance of
this sector can be gauged with high growth rate of exports of fruits and
vegetables from Pakistan due to ever increasing demand in the existing and
international markets. Some of fruits grown have great potential for exports,
which are available in volumes, varieties and are of rich flavor. These are
mangoes, citrus, grapes, dates, apples, peaches, and cherries. Other prominent
fruits having enormous export potential are plums, pears, guava, etc. Among
vegetables, potatoes, garlic, ginger, and onions are vastly grown in Pakistan
and hold a large global market share because of competitive advantage due to
superior variety, volume and price.
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>The edible oil
production stands at 740,000 tons, which is 35 per cent of local demand. The
imported quantity of the oil is 1,360,000 (about 65 per cent) and consumption
is 2,100. Pakistan spends a huge amount on oil import bill.
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>The production
of vegetables (in 000 tons) are: tomato (426), potato (2025), onion (1,817),
garlic (56), chilies (91), turmeric ( 38), and ginger( 41).
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>Livestock is an
important sector of agriculture in Pakistan, which accounts for 51 per cent of
agricultural value addition and about 11.3 per cent of the GDP. The livestock
population is (in million): Buffalo (27.3), cattle (24.2), goat (66.7), sheep
(36), poultry (366), camels (0.8), asses (4.2), and horses (0.3). mules (0.3).
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>In the similar
manner the livestock products are (in 000 tons): milk (43,562), beef (1,115),
mutton (740) and fat (136.3). The livestock and poultry sectors generate employment
for over 1.5 million people.
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>Leather goods
play an important role in the economy of Pakistan. Pakistan enjoys an excellent
position in the quality of the skins and hides because of its natural
qualities. The skins and hides of the cattle are thicker and shinning in
character and processed in tannery factory. The factories have been established
in Karachi, Lahore, Faisalabad, Peshawar, Multan, Hyderabad, Gujranwala,
Rawalpindi, Quetta, Kasur and even in many small towns and villages. These
factories have facilities to tan the raw hides and skins using different
chemicals. In this way, leather is obtained and through these leather, many
different items are made from the leather. Kasur a small city in the province
of the Punjab has the largest numbers of tannery factory. Similarly, the city
of Karachi in Sindh has also large number of tannery factories and these are
located in SITE and Korangi areas, Hyderabad, Sukkur etc.
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>The finished
leather goods obtained in the tannery factory are used in the preparation of
leather goods such as leather jacket, sport shoes (boots, shoes, joggers),
wallet, purse, leather gloves, sports goods, leather football, boxes, small and
big ladies hand bags, lady belts, brief case, leather garments, buttons, zips,
rivets, fashion gloves etc.
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>Fishery plays
an important role in the national economy and towards the food security of the
country. This sector reduces the existing pressure on demand for mutton, beef
and poultry. Seafood includes tuna, shrimp, prawn, mollisca, lobsters, crabs,
barnacles and mackerel.
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>Forestry is
also an important sector of agriculture, which provides timber and different
types of wood to the people. It also provides millions of jobs to the
population.
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- 2.
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Senior Corporate Tax Accountant, to $80K + bonus
Posted by: "Ed Freeman" freeman345667@bellsouth.net edfreeman43
Sat May 28, 2011 2:06 am (PDT)
Senior Corporate Tax Accountant, to $80K + bonus
Large Atlanta based manufacturer has immediate opening for Senior Corporate Tax Accountant to assist in the preparation of the consolidated corporate federal income tax return as well as state income tax returns. Other duties will include some tax accounting support, estimating and research. Requirements include 3+ years experience in the preparation of federal and multi-state tax returns in a larger company environment. OneSource tax software experience preferred. Candidates will be considered from either public accounting or corporate tax. MTX and/or CPA a plus.
To apply, send your resume to - jobs@employmentatlanta.com 404-255-4201 http://employmentatlanta.com
- 3.
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IT Manager + Other Opportunities visit (www.esquare.com.pk)
Posted by: "Shahid Sheikh" shahid@esquare.com.pk esquareservices
Sat May 28, 2011 2:07 am (PDT)
*السلام عليکم*
*Apply ONLY ONLINE at www.esquare.com.pk*
**
*Esquare is a leading call center service company. We are now starting off
with new campaigns, round the clock.
We need “Manager ITâ€, to run our 52 seats call center, in 3 shifts. The
candidate must have managed IT function in off shore calling environment.
The candidate must have excellent understanding of data based
administration,for call center, based on Asterisk PABX & Vicidial.
The candidate must be QUALIFIED IT personnel with minimum 5 years experience
in related IT filed. PHP expertise would be an added advantage.
Should be able to manage following servers very professionally.(1)Data base
(2)Network(3)Voice Recording(4) Back up.
The candidate should have no issues in working in rotating shift. *
*
Apply on line at www.esquare.com.pk
Best Regards*,
_____________________ _________ _____
*Shahid Ahmed Sheikh |*
Manager BD |Corporate*
e square services (private) limited
*cell : 0334-3160989| uan : 111-376-377
URL: www.esquare.com.pk
http://pk.linkedin.com/pub/shahid- sheikh-2200/ 33/47/7ab
Facebook facebook.com/Esquareservices<http://www.facebook .com/Esquareserv >ices
--------------------- --------- --------- -
- 4.
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Market Manager : Burhani Hospital
Posted by: "COMMUNITY AWARENESS" public_awareness2005@yahoo.com public_awareness2005
Sat May 28, 2011 2:07 am (PDT)
Great Career Opportunity for
Health Marketing Executives
Burhani Hospital
a Hundred Bed Hospital, Require A Dynamic,
Motivated Experienced Preferably a Doctor
Manager Marketing
Experience in Health Marketing, should have Management and communications skills, Age Limit 45 Years, email CV with recent photographs and expected salary to
career@burhanihospital.org.pk
mark a copy to: events.updates6@gmail.com
- 5.
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Job Vacancy for Chartered Accountant
Posted by: "Mansoor Ahmad" mansoor.ahmed1987@gmail.com
Sat May 28, 2011 2:07 am (PDT)
CHARTERED ACCOUNTANT
http://jobalertblog.blogspot. com/2011/ 05/chartered- accountant. html
CA FINALIST
http://jobalertblog.blogspot. com/2011/ 05/ca-finalist. html
- 6.
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Fw: [PowerPakistan] Cement makers seek duty waiver on rubber scrap
Posted by: "Muhammad Zahid Inam" zahid.inam@yahoo.com financial_activist
Sat May 28, 2011 2:07 am (PDT)
Regards
Muhammad Zahid Inam
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>KARACHI, May 26: The cement makers have asked Ministry of Finance (MoF) to waive import duties on shredded rubber scrap, which would save $45 million annually in the country’s import bill
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>Analysts say that the phenomenal rise in prices of coal has forced cement manufacturers to look for an alternative source of fuel: Old or used tyres, technically termed: "Tyre-derived fuel (TDF).
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>The press release by the All-Pakistan Cement Manufacturers Association (APCMA) on Thursday stated that the cement manufacturers could substitute coal by rubber scrap, which was $85 per ton cheaper than coal but produced same level of energy when used as calcining material. The Association said: “525,000 tons of coal can be substituted by this cheaper material, which will result in saving of at least $45 million in the import bill of the country.†The industry noted that the cement makers were willing to make huge capital investment to be able to use scrap rubber but the high rate of customs duty on the component was the road block.
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>“Presently, shredded rubber scrap is chargeable at the customs duty rate of 20pc ad valorem,†APCMA said and urged the government to abolish customs duty on import of rubber scrap tyres to reduce the burden of taxes and duties on the industry. APCMA lamented that the cement industry was also subjected to excise duty of Rs700 per ton, 17pc GST and 2.5pc Special Excise duty, all of which added up to around Rs90 per bag to the cost of producing cement.
>“This is the heaviest burden piled on cement industry anywhere in the world," the Association contended.
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- 7.
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Capital and Revenue Items Part 2
Posted by: "khalid aziz" khalid_a_aziz@yahoo.com khalid_a_aziz
Sat May 28, 2011 2:08 am (PDT)
Revenue expenditures
Expenditures will be treated as revenue expenditures if it is incurred for the following purposes:
Expenditure for purchasing floating assets i.e., assets meant for resale at a profit or for being converted into saleable goods, such as the cost of goods, raw materials and stores.
Expenditures incurred by maintaining assets in proper working order e.g., repairs to plant and machinery, building furniture and fittings etc.
Expenditures incurred for meeting day to day expenses of carrying on a business e.g., salaries, rent, rates, taxes, stationery, postage etc.
All revenue expenditures have to be deducted from the income earned by the firm. That is to say, all revenue items will be taken to the profit and loss account.
List of Revenue Expenditures - (Examples of Revenue Expenditures):
The following is a list of the usual items of revenue expenditures:
Expenses incurred for the ordinary administration and carrying on the business.
Expenses for repairs, renewals and replacement of permanent assets.
Cost of goods for resale.
Cost of raw materials and stores acquired for consumption in course of manufacturing.
Wages paid for manufacture of products for sales.
Expenses for the manufacture and distribution of the finished goods.
Loss from wear and tear and obsolescence of assets.
Depreciation of lease.
Interest on loans borrowed for business.
Loss from sale of fixed assets.
Fees for renewal of patent rights, etc.
Up-keep and maintenance of motor car and van.
Maintenance of fan and lights.
Book value of assets discarded or totally damaged or destroyed by fire or other reasons.
Difference between capital and revenue expenditures.
Following is the difference between capital and revenue expenditures.
Capital Expenditures
Revenue Expenditures
1
Its effect is long term i.e., it is not exhausted within the current account year. Its benefit is enjoyed in future year or years also. In a word, its effect is reduces gradually.
1
Its effect is temporary, i.e., it is exhausted within the current accounting year.
2
An asset is acquired or the value of an asset is increased as a result result of this expenditure.
2
Neither an asset is acquired nor the value of an asset is increased.
3
It does not occur again and again - it is non-recurring and irregular.
3
It occurs repeatedly - It is recurring and regular.
4
Generally, it has physical existence i.e., it can be seen with eyes.
4
It has no physical existence, i.e., it cannot be seen with eyes.
5
This expenditure improves the position of the concern
5
This expenditure helps to maintain the concern
6
A portion of this expenditure is shown in the trading and profit and loss account or income and expenditure account as depreciation.
6
The whole amount of this expenditure is shown in trading and profit and loss account or income and expense account. But deferred revenue expenditures and prepaid expenses are not shown.
7
It appears in balance sheet until its benefit is fully exhausted.
7
It does not appear in balance sheet. Deferred revenue expenditure, outstanding expenditure, outstanding expenses and prepaid expenses, however, temporarily shown in the balance sheet.
8
It does not reduce the revenue of the concern. Purchase of fixed assets does not effect revenue.
8
It reduces revenue. Payment of salaries to employees decreases revenue.
KHALID AZIZ
VISIT MY PAKISTAN
VISIT MA-ECONOMICS
VISIT SPORTS & ENTERTAINMENT
JOIN COST ACCOUNTANTS
JOIN KHALID AZIZ ON FACE BOOK
0322-3385752
0300-2540827
0312-2302870
Karachi.
Pakistan.
KHALID AZIZ
0322-3385752
0312-2302870
COACHING CLASSES
ACCOUNTING OF ICMAP 1,2,3,4
CA.MOD A,B,C,D
PIPFA
CAT T1,T2,T3,T4,T5,T6,T7, T8
ACCA F1,F2,F3,F5,F8,P1,P7
ACCOUNTING O/A LEVEL
BBA
MBA
B.COM & M.COM
MICRO ECONOMICS & STATISTICS OF MA-ECONOMICS
EDUCATION IS OUR NATION'S SWORD
- 8.
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Fw: [PowerPakistan] Fw: Pumped-up prices
Posted by: "Muhammad Zahid Inam" zahid.inam@yahoo.com financial_activist
Sat May 28, 2011 2:08 am (PDT)
Global Petrol Price
Index
>How UK petrol
prices compare with other countries
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>Click the image to load the infographic by Staveley Head
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>Today the cost of oil is keenly felt by the general public in most countries. With the growth of economies built around car ownership in the past few decades, increases at the pump affect more people than ever before. Although fuel prices have dipped slightly in the past month they are volatile and likely to remain that way as trouble in the Middle East keeps markets on edge. Staveley Head, a British insurance company, has put together a Global Petrol Price Index, which, in addition to charting eight years of petrol-price data for 24 countries, provides a range of other indicators from population to oil consumption to GDP per head. In Britain, where fuel prices are a keen topic of conversation, "fuels and lubricants" have been the biggest contributor to inflation in the past year, with double-digit rises in all but one month. So it may not be surprising that a British outfit is behind this interesting interactive graphic.
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- 9.
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Jobs in Textile Industry
Posted by: "azizasrani@yahoo.com" azizasrani@yahoo.com azizasrani
Sat May 28, 2011 2:08 am (PDT)
Dear all,
The following personnel are required (LAHORE H/O) for well reputed Export
Oriented Textile Group Dealing In Spinning / Weaving Products. To view complete
detail click on "Staff".
Best of Luck
- 10.
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Required Assistant Manager Production
Posted by: "azizasrani@yahoo.com" azizasrani@yahoo.com azizasrani
Sat May 28, 2011 2:08 am (PDT)
Dear all,
Urgently required Assistant Manager Production and Maintenance for FMCG Firm.
For more information click on "Assistant Manager".
Best of Luck
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