Regional Taxes and Levies Contribution to the Increase of Regional Original Income

This study aims to determine how to determine the contribution of regional taxes and levies to the increase in local revenue at the Regional Revenue Agency of Mamuju Regency. The type of research used in this research is descriptive qualitative. The analytical technique used in this research is to conduct field studies and literature studies. Based on the results of data analysis that has been carried out, it can be concluded that the contribution of local tax revenues has increased in 2013-2014 while in 2015-2017 experienced fluctuating symptoms in each type of tax. Then the contribution of regional levies changes which fluctuate every year in the period 2013-2017. As well as local tax revenues and regional levies contribute to increasing the original revenue of the Mamuju Regency.

Determinants of Individual Investor's Behavior and Their Impact on Investment Decision

The stock market in Pakistan is highly volatile and sensitive for unexpected shocks. In this market, the role and importance of individual investors and their trading behavior is also very critical. But there is always an environment of uncertainty and lack of information. Furthermore, the investment policies are formulated keeping in view the interests of institutional investors only. So, it becomes impossible for the individual investors to take decisions depending upon their own personal resources and complex statistical data. Therefore, the individual investors resort to other non-statistical gadgets and try to make rational decisions relying on non-statistical gadgets that are related to their behavior and psychology. In this study, the researcher has investigated the importance of these non-numeric factors for individual investors' investment decision making. The purpose of this study is to examine these determinants of individual investor's behavior as well as the influence of these determinants on the individual investor's decision. This is a quantitative research based on analytical and descriptive lines. Regression Analysis is used to determine the relative importance of each behavioral factor. This study bears great significance in recognizing the importance of heuristic and behavioral tools for investment decision making. This research is a contribution in the research paradigm from the view point of the policy makers also. It will play a significant role at the time of formulation of policies for institutional investors and regulatory bodies such as Securities and Exchange Commission of Pakistan and at the same time retaining the interests of individual investors.