NAME: Jahangir Patel , Saqib zaman Khan

ID: 12389 , 12724

COURSE: BUSINESS LAW AND TAXATION
COMPANY NAME: SECURITI.AI
SUBMITTED TO: SIR WAQAS KHAN
HR POLICIES:
Recruitment Strategy:
 We try to reach out to person who as has done some work in the related field,
the approach doesn’t matters that much. Such as we find person through
linked-in or by opening a position on our pages/website, so that we can reach
more people.
 After shortlist, the interviews are taken that is conducted by managers,
directors and old experienced employees.
 First interview scheduled is just for knowing how well the person appears and
is willing to get the job, then second interview is to check his problem solving
approach and his skill, third and major interview is to judge him overall.
Perks and benefits/ Fringe Benefits:
 The company provides hybrid mode, I.e. 3 days’ Work in office (Monday.
Tuesday. Thursday) and two days work from home (Wednesday + Friday).
 The company also provide transportation services for all employees.
 As per company half yearly program, they select around 5-6 employees to
work with our other employees in Canada/North America. The company bears
all of the expenses as well as well they also send some experiences
employees to Silicon Valley/Canada for 3 week visit.
Insurance Policy:
 From laptops to their medical allowances. Company provide them an easy
hand by giving them medical allowance as well as health card, which they can
use for their blood relations.
 The health card is issued in this company which is Jubilee Life Insurance.
 The health card limit in this company which is 5000 to 15000.
Renumtration/ Salary:
 The company give their employees market competent salary.
 Employee gets Monthly Dollar adjustment which also get things going on as
well as two yearly bonuses are allotted to employees as per their
performance, It varies from 15%-35%.
 A yearly Salary increment is also been allotted to employees, again vary as
per their performance.
TAXATION POLICIES:
Employee taxation:
Category no 01:
Minimum income tax rate of 2.5% for those earning up to Rs. 0.6 million and
under 1.2 million per year.
Category no 02:
Maximum income tax rate of 20% for those earning up to Rs. 2.4 million and
under 3.6 million per year.
Company Taxation:
Category no 01:
7.5% of the taxable income, where annual business turnover does not exceed PKR
50 million.
Category no 2:
15% of the taxable income, where annual business turnover exceeds PKR 50
million but does not exceed PKR 100 million.