Finance
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Securities, Exchange Commission reforms leave positive impact on capital market
LAHORE (November 29 2002) : The capital market reforms initiated in 1993, in collaboration with the Asian Development Bank (ADB)…
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SBP slashes 6-month treasury bills rates by 1.53 percent
KARACHI (November 28 2002) : The State Bank of Pakistan on Wednesday has cut the 6-month Treasury Bills rates by…
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Duty Drawback on PVC cables allowed
ISLAMABAD, Nov 27: The Central Board of Revenue has allowed the facility of duty drawback on export of PVC insulated…
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Karachi Stock Exchange takes action against errant member
KARACHI (November 27 2002) : The Karachi Stock Exchange (KSE) has prohibited Yousuf Ibrahim, member of the exchange from conducting…
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Islamic banks better poised to absorb external shocks: IMF
ISLAMABAD (November 27 2002) : Owing to the structure of their balance sheet and the use of profit-and-loss-sharing arrangement, Islamic…
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Challenges ahead for adopting Islamic financial system listed
ISLAMABAD (November 27 2002) : The challenges ahead for adopting Islamic financial system in Muslim countries include further progress in…
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10-, 5-year Pakistan Investment Bonds trading at all-time high
KARACHI (November 27 2002) : Pakistan Investment Bonds (PIBs) having maturity of ten and five years are trading at all-time…
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Sales tax collectors warned against de-registration delay
ISLAMABAD (November 27 2002) : Noticing the violation of Sales Tax Act, 1990, the Central Board of Revenue (CBR) has…
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CBR cuts powers of adjudicating authorities
ISLAMABAD (November 26 2002) : The Central Board of Revenue (CBR) has withdrawn the powers of Collector, Collectorate of Customs,…
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Rs 2 per 10 gram withholding income tax on bulk gold import may be maintained
ISLAMABAD (November 26 2002) : Allowing bulk import of gold across the board, the government has decided in principle to…
