Finance
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Dispute with Italian firm over Ghazi Brotha project: Pakistan challenges ICSID's jurisdiction
ISLAMABAD (March 02 2003) : Pakistan has challenged the jurisdiction of International Centre for Settlement of Investment Disputes (ICSID), Washington,…
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PSF prices further raised by Rs 5 per kg
KARACHI (March 02 2003) : The local manufacturers of polyester staple fibre (PSF) have further increased the price of the…
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Saudi-Pak Investment okays Rs 1,413 million financing for 24 companies
ISLAMABAD (March 01 2003) : The Saudi Pak Industrial and Agricultural Investment Company (Pvt) Limited approved a total financing of…
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Software sales can generate Rs 1.4b by 2006
KARACHI: The business software development, distribution and sales industry can generate up to Rs 1.4 billion for the government by…
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Semi-public cement makers want capacity tax re-imposed
KARACHI (March 01 2003) : Major cement manufacturers have proposed imposition of capacity tax to curb the growing evasion of…
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Expenditure over revenue results in Rs 65.7 billion deficit
ISLAMABAD (March 01 2003) : Total revenue for end of second quarter remained at Rs 332.85 billion (8.2 percent of…
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Export financing rate further cut to five percent
KARACHI (February 28 2003) : The State Bank of Pakistan (SBP) on Thursday has announced further cut in the export…
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Pakistan to sign fresh conventions with six states for avoidance of double taxation
ISLAMABAD (February 28 2003) : Pakistan had decided to ink fresh conventions with six countries for the Avoidance of Double…
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New bank guarantee form issued for claiming sales tax refund
ISLAMABAD (February 28 2003) : The Central Board of Revenue (CBR) has issued a new form of 'bank guarantee to…
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ICI profits rise by Rs 1.287 billion
KARACHI (February 28 2003) : ICI Pakistan Limited profit recorded an increment of Rs 1.287 billion in 2002 on back…