Finance
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KESC Privatisation Delayed
ISLAMABAD (October 31 2002) : The Privatisation Commission has delayed the sale of 74 percent stake in Karachi Electric Supply…
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PTCL Profits up by 18 percent
KARACHI (October 31 2002) : Pakistan Telecommunication Limited profit for the first quarter ended Sept 30, 2002, posted an increase…
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Over 100 companies fail to pay dividend
KARACHI (October 29 2002) : About 100 companies failed to pay any dividend to their shareholders in 2001-02 as compared…
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Pakistan State Oil profit up 176 percent
KARACHI (October 29 2002) : Pakistan State Oil's profit in three months up to September 30, 2002, recorded a tremendous…
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Muslim Commercial Bank's profit rises by 84 percent
KARACHI (October 29 2002) : The Muslim Commercial Bank's profit rose 84 percent in quarter ended September 30, 2002, compared…
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SECP develops rules for issue of commercial paper
ISLAMABAD (October 29 2002) : The Securities and Exchange Commission of Pakistan (SECP) has developed and issued “Guidelines for the…
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KSE index recorded 29.5 percent rise in 2001-2002
KARACHI (October 29 2002) : The Karachi Stock Exchange (KSE) witnessed a decrease in outflow in foreign portfolio investment in…
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WAPDA exempted of Sales Tax liabilities, penalties
ISLAMABAD (October 30 2002) : Admitting glaring mistake pertaining to wrongly adjudged sales tax, the Central Board of Revenue (CBR)…
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Rules specified for Sales Tax disputes resolution
ISLAMABAD (October 27 2002) : The Government has specified a set of rules that shall apply to all cases of…
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Ombudsman holds medicine trader's registration for general sales tax illegal
ISLAMABAD (October 27 2002) : Since medicines are exempt from sales tax, the Federal Tax Ombudsman, Justice Saleem Akhtar, has…
