Finance
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New quota policy likely to show improvements
KARACHI (December 27 2002) : The quota policy for 2003 is likely to show a lot of improvements over the…
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UBL arranging Rs 990 million listed Term Finance Certificates securitisation
KARACHI (December 27 2002) : United Bank is structuring and advising Rs 990 million listed Term Finance Certificates (TFCs) issue,…
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Exporters told to get registered for claiming sales tax refund
ISLAMABAD (December 25 2002) : The Central Board of Revenue (CBR) has directed the commercial exporters to get registered with…
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Chemicals used in production of leather goods: procedure for sales tax record-keeping simplified
ISLAMABAD (December 25 2002) : Making Sales Tax Refund Rules 2002 more business friendly, the government has decided to simplify…
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SECP relaxes rule for quarterly accounts circulation
KARACHI (December 25 2002) : The Securities and Exchange Commission of Pakistan (SECP) has relaxed the rules pertaining to distribution…
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State Bank of Pakistan slashes treasury bills rates by 2.47 percent
KARACHI (December 25 2002) : The State Bank of Pakistan on Tuesday slashed the rates on one-year treasury bills by…
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National Clearing and Settlement Company to induct 120 new securities in system from December 30
KARACHI (December 24 2002) : National Clearing and Settlement Company has decided to induct 120 more securities from December 30,…
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Lahore Chamber demands clearance of sales tax refund claims
LAHORE (December 24 2002) : Lahore Chamber of Commerce and Industry (LCCI) President M Yawar Irfan Khan has demanded of…
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Pakistan International Airlines Corporation to float 15 TFCs worth Rs 15 billion
LAHORE (December 24 2002) : The national flag carrier, Pakistan International Airlines Corporation (PIAC), is all set to float term…
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One-year treasury bills rate at December 24 auction may go down
KARACHI (December 24 2002) : The cut-off yield on one year Treasury Bills would go down by at least 230…