Finance
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SBP relaxes rules for repatriation of export proceeds
KARACHI (December 31 2008): The State Bank of Pakistan has announced one-time waiver for those exporters, who have failed to…
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SBP issues guidelines on CAR for banks and DFIs
KARACHI (November 26 2008): The State Bank of Pakistan on Tuesday announced reduction in the minimum Capital Adequacy Ratio (CAR)…
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Finance Bill 2008 – Full Text
Thursday, June 12, 2008 – ISLAMABAD: Finance Minister Naveed Qamar on Wednesday presented the Finance Bill to give effect to…
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Highlights of the Economic Survey of Pakistan 2007-08
Islamabad, June 10 – The Economic Survey of Pakistan for the year 2007-08 was released today by the Ministry of…
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Redundant provisions in ITO 2001 related to dividend tax to be deleted
ISLAMABAD (June 09 2008): The Federal Board of Revenue (FBR) is likely to amend the Income Tax Ordinance 2001 in…
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New sales tax return not workable: Sales Tax Bar Association
KARACHI (June 09 2008): The proposed new sales tax return, being implemented from coming budget, is not workable and could…
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FBR may remove procedural flaws in EOUs and SME rules
ISLAMABAD (June 09 2008): The Federal Board of Revenue (FBR) is likely to remove procedural flaws in the Export-Oriented Units…
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Current tax regime to fetch more revenue than CGT: KSE managing director
KARACHI (June 05 2008): The government's decision to retain the current tax regime for capital markets will contribute more revenue…
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Raise in withholding tax on cash withdrawal likely
ISLAMABAD (June 05 2008): The government is likely to withdraw 'time-bound exemptions,' substantially reduce income tax exemptions; raise withholding tax…
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CGT exemption extended to 2010, no change in CVT
KARACHI (June 04 2008): The government has agreed to extend exemption of Capital Gain Tax (CGT) on listed shares to…
