Finance
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Less imports to protect industry: Safeguard Measures Rules, 2003 issued
ISLAMABAD (February 15 2003) : To curtail huge influx of imported goods, the government has issued “Safeguard Measures Rules, 2003”…
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35 percent ghee units closed due to heavy taxation
KARACHI (February 15 2003) : Of total 89 vegetable ghee and cooking oil units working in the organised sector, 35…
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Revenue Board starts sales tax arrears recovery from short-filers
ISLAMABAD (February 15 2003) : The Central Board of Revenue (CBR) has started recovery of sales tax arrears from hundreds…
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Pakistan makes a beginning in ECN
ISLAMABAD (February 15 2003) : Pakistan makes a beginning in ECN (Electronic Communication Network) which serves as an alternative trading…
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Revenue Board clarifies definition under Income Tax Ordinance
ISLAMABAD (February 15 2003) : The Central Board of Revenue (CBR) has issued a clarification to all Regional Commissioners of…
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Central excise duty evasion: Revenue Board unable to ascertain beverage output data
ISLAMABAD (February 12 2003) : Despite all-out efforts, the Central Board of Revenue (CBR) has not been successful in collecting…
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Malaysian firm to set up LPG terminal at Port Qasim
KARACHI (February 12 2003) : A Malaysian Company, Keloil (now Messrs Progas), will set up LPG Terminal at PQ-5, according…
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PVMA tells Revenue Board: ghee prices relief possible only on five percent levies cut
ISLAMABAD (February 12 2003) : The Pakistan Vanaspati Manufacturers' Association (PVMA) has conveyed to the Central Board of Revenue that…
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MCB shareholders cheered up at 50 percent payout for 2002
LAHORE (February 11 2003) : The Directors of the Muslim Commercial Bank sent a wide smile across the face of…
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IFC and ABN-Amro sign $80 million 'Trade Enhancement Facility' deal
KARACHI (February 11 2003) : The International Finance Corporation (IFC) and ABN-Amro on Monday have singed a 80 million dollars…
