Finance
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PIA's term finance certificates oversubscribed by 40 percent
KARACHI (February 11 2003) : Pakistan International Airlines Term Finance Certificates have been oversubscribed by 40 percent. Against an issue…
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Sales tax registration: wrongly served notices to be withdrawn
ISLAMABAD (February 11 2003) : The Central Board of Revenue (CBR) has decided to withdraw sales tax registration notices issued…
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Roadmap identified to introduce margin financing by June
ISLAMABAD (February 11 2003) : The Securities and Exchange Commission of Pakistan has identified a roadmap to introduce margin financing…
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Guidelines on margin financing sought
KARACHI (February 10 2003) : The rate for margin financing should not be as fluctuating and variable as it is…
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Revenue Board not to ban filament yarn import under DTRE scheme
ISLAMABAD (February 10 2003) : To discourage sale of low-quality filament yarn at inflated rates in the local market, the…
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Revenue Board urged to allow temporary imports for a year under DTRE
KARACHI (February 10 2003) : The Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) has urged the Central Board of…
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PCMA urges end to hurdles in duty and tax remission for export rules implementation
KARACHI (February 09 2003) : The Pakistan Cloth Merchants' Association (PCMA) has demanded immediate removal of anomalies in the implementation…
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Central Board of Revenue carving out strategy to broaden tax net
KARACHI (February 09 2003) : The Central Board of Revenue (CBR), which is incurring Rs 6 billion deficit in the…
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Pak Suzuki Motors asked to ensure timely delivery, cut in prices
KARACHI (February 09 2003) : The Federal Minister for Industries and Production, Liaquat Ali Khan Jatoi, has asked the management…
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Pakistan's textile exports register 19.2 percent rise in seven months
ISLAMABAD (February 09 2003) : Pakistan textile exports have increased by 19.2 percent to $ 3.922 billion during the first…