Finance
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Consultants advise CBR to remove third schedule of Sales Tax Act
ISLAMABAD (January 06 2003) : The Central Board of Revenue (CBR) tax consultants, Maxwell Stamps, have strongly recommended to abolish…
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Finance adviser asks information technology firms to start utility services
KARACHI (January 06 2003) : The Adviser to the Prime Minister on Finance and Economic Affairs, Shaukat Aziz, has urged…
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National Savings Schemes rate cut yet another stock market booster
KARACHI (January 06 2003) : The rate cut on National Savings Schemes by 160 to 200 basis points is likely…
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Finance Ministry refuses to withdraw 23 percent advance income tax on electricity bills
ISLAMABAD (January 04 2003) : The Ministry of Finance (MoF) has refused to withdraw 23 percent advance income tax on…
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Revenue Board mulling CNG wastage revision
ISLAMABAD (January 04 2003) : The Central Board of Revenue (CBR) is seriously considering to revise the percentage of compressed…
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Banks to deduct EDS from export proceeds
ISLAMABAD, Jan 3: The Central Board of Revenue has decided to deduct export development surcharge (EDS) through the bank upon…
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Government amends sales tax refund rules to attract new exporters
ISLAMABAD (January 03 2003) : The government on Thursday announced three lucrative incentives to attract new commercial exporters, enhance scope…
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Customs asked to furnish imports, refunds details
ISLAMABAD (January 03 2003) : At the time when Central Board of Revenue (CBR) announced certain concessions to the commercial…
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Hubco not liable to taxation in Pakistan
KARACHI (January 03 2003) : Hub Power Company in a release issued on Thursday said that the company is not…
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Textile exports under SRO 410 to continue
KARACHI (January 03 2003) : The Customs will continue to allow till further notice temporary imports meant for textile export…