Finance
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Banks to be asked to invest 20-30 percent in information technology sector: minister
KARACHI (May 06 2003) : Awais Ahmad Khan Leghari, Federal Minister for Information Technology and Telecommunication has said that his…
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Banks' equity investment: KSE asks State Bank to raise limit to 40 percent
KARACHI (May 05 2003) : The Karachi Stock Exchange (KSE) has suggested to the State Bank of Pakistan to raise…
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Eligible exporters list to be finalised: CBR starts 'green channel' sales tax refund system
ISLAMABAD (May 05 2003) : Giving go-ahead signal to the collectorates to start 'green channel' refund system, the Central Board…
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Government may slash GST on pesticides
LAHORE (May 04 2003) : The Federal Government is considering a proposal to provide relief to the growers by reducing…
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CBR rejects two budget proposals by consultant
ISLAMABAD (May 04 2003) : The Central Board of Revenue (CBR) has rejected a major budget proposal floated by consultant…
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SBP asks banks, DFIs to appoint COs
KARACHI: The State Bank of Pakistan has asked banks and development financial institutions (DFIs) to put in place a compliance…
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Revenue Board still charging central excise duty on sulphonic acid
ISLAMABAD (May 03 2003) : Despite withdrawal of Central Excise Duty (CED) on sulphonic acid used in soap/detergents, the Central…
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Auto makers likely to cut prices by five percent
ISLAMABAD (May 03 2003) : Car manufacturers and assemblers are likely to cut prices of their automobiles up to 5…
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About 20 percent GST may be imposed on oilseeds import
KARACHI (May 03 2003) : About 20 percent general sales tax (GST) is likely to be imposed by the Federal…
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Exporters prefer euro over dollar for opening letters of credits
KARACHI (May 02 2003) : Most of the exporters supplying goods to European countries have increasingly started opening their letters…
