Finance
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CBR and SBP to devise foolproof system for tax receipts reporting
ISLAMABAD (March 30 2003) : The Central Board of Revenue (CBR) and State Bank of Pakistan (SBP) have decided to…
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Karachi Electric Supply Corporation agrees to cut Security Deposit, SDC
KARACHI (March 30 2003) : A long-standing demand, initially raised by SAI, for reduction in security deposit and system development…
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SBP issues new guidelines for banks to prevent money laundering
KARACHI (March 30 2003) : The State Bank of Pakistan (SBP) has issued new guidelines for all banks to prevent…
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Shipping firms levy war risk surcharge
KARACHI (March 29 2003) : The shipping companies operating in the Gulf have announced to levy war risk surcharge with…
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New sales tax registration rules to be issued in next budget
ISLAMABAD (March 29 2003) : The Central Board of Revenue (CBR) has decided to issue new sales tax registered rules…
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Oil Marketing Companies seek raise in profit/margin rates
ISLAMABAD (March 29 2003) : Oil Marketing Companies (OMCs) have demanded of the government to raise their profit/margin rates on…
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Settlement of Non-performing loans: CBR urged not to charge tax
LAHORE, March 27: Businessmen have called upon the Central Board of Revenue (CBR) not to charge any tax on the…
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IMF flays performance of Revenue Board sales tax auditors
ISLAMABAD (March 28 2003) : The International Monetary Fund (IMF) has expressed concern over the poor performance of the Central…
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UBL to float securitised terms finance certificates worth Rs 990 million
KARACHI (March 28 2003) : The country's corporate world to see first listing of Asset Back Securitisation paper in form…
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Banks may close millions of accounts unless SBP rule on deposit terms is abolished
KARACHI (March 26 2003) : Banks may be obliged to close millions of accounts unless the State Bank of Pakistan…
