Finance
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No plan to levy 15 percent general sales tax on food items: CBR
ISLAMABAD (April 11 2003) : The Central Board of Revenue (CBR) is not considering any proposal to do away with…
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Export Promotion Bureau to be split into two entities
KARACHI (April 11 2003) : Federal Commerce Minister Humayun Akhtar Khan has said that the government will promote issuance of…
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Turnover tax on some foreign firms may go
ISLAMABAD, April 9: The government is considering to remove 0.5 per cent turnover tax on some foreign companies to help…
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Tax ombudsman decides unique case against CBR officials' excesses
ISLAMABAD (April 09 2003) : Though bribery is rampant in CBR's hierarchy but very few cases come to the Federal…
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Pakistan now investor-friendly country: Hubco chief
KARACHI (April 09 2003) : The Chief Executive of Hubco Power Company, Vince Harris, has said that at present Pakistan…
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NBP's pre-tax earning over Rs 6 billion highest-ever in financial sector
KARACHI (April 09 2003) : The National Bank of Pakistan has registered the highest ever earning for any financial institution…
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Gold jewellery export finance facility extended
KARACHI (April 08 2003) : The State Bank of Pakistan has decided to continue extending the facility of refinance for…
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PIA posts Rs 1.873 billion net profit in 2002
KARACHI (April 08 2003) : Pakistan International Airlines Co, the national carrier, returned to a profit in the year ended…
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SBP report: an appraisal
The State Bank of Pakistan (SBP) released its latest report on the state of Pakistan's economy for the quarter October-December,2002…
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Foreign banks post 53 percent growth in net profits in 2002
KARACHI (April 07 2003) : Foreign banks operating in the country posted 53 percent growth in their after-tax earnings during…
