Finance
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Financial sector mergers: guidelines
KARACHI, March 12: The State Bank of Pakistan on Wednesday issued guidelines to structure and discipline due diligence process for…
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Foreign currency export finance mark-up (FCEF) rates amended
KARACHI, March 12: The State Bank of Pakistan, Wednesday night announced to amend the mark-up rates to be charged on…
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Setting up of KITE Ltd
KARACHI, March 12: Sindh Governor Dr Ishrat ul Ibad has set up a committee under the chairmanship of Sindh Minister…
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Govt orders release of Rs25-30bn sales tax refund
ISLAMABAD, March 11: The government on Tuesday directed the Central Board of Revenue (CBR) to release Rs25-30 billion sales tax…
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UBL profit up by 87 percent in 2002: first annual report after privatisation
KARACHI (March 12 2003) : United Bank Limited pre-tax profit in 2002 jumped by 87 percent, touching Rs 2.8 billion…
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IMF wants withholding tax relief on NSS profits withdrawn
ISLAMABAD (March 12 2003) : The IMF has recommended to the government of Pakistan to withdraw, in the budget 2003-04,…
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SBP body to settle write-off disputes
LAHORE, March 10: The central bank has constituted a six-member committee to settle the disputes relating to the write-off of…
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Tax reforms to complete by 2006
ISLAMABAD, March 10: Tax authorities have finalized schedule for comprehensive tax reforms strategy to be completed by 2006. According to…
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HBL okays rules for write-off
LAHORE, March 10: The HBL board of governors had approved the central bank's guidelines for the “write-off of irrecoverable loans…
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Privatisation Commission to sell shares of public entities through stock exchange
ISLAMABAD (March 09 2003) : The Privatisation Commission (PC) has decided to divest shares of some major public sector entities…
