Finance
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Budget 2005-06: Duty on 1,870 items reduced, 16 enhanced
ISLAMABAD (June 07 2005): The government has reduced customs duty on the import of 1,870 items and duty on 16…
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Economic Survery 2004-05: Fastest pace of growth in 20 years
ISLAMABAD (June 05 2005): Pakistan's per capita income in dollar terms rose by 12 percent to $736 from $657 in…
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CBR taxes to hit data service providers
KARACHI (June 05 2005): The Central Board of Revenue (CBR) plan to bring telecom and data service providers into tax…
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Capital Value Tax (CVT) rate to be raised to 0.1 percent
ISLAMABAD (June 04 2005): The government will increase capital value tax (CVT) on shares buying from 0.01 percent to 0.1…
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Two amnesty schemes likely in budget
ISLAMABAD (June 04 2005): The Central Board of Revenue (CBR) will announce an amnesty scheme for the business community in…
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Proposal to cut in CED on beverages rejected
ISLAMABAD (May 09 2005): The Central Board of Revenue (CBR) has turned down a proposal of beverage industry to reduce…
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Sales tax recovery drive against sugar mills launched
ISLAMABAD (May 09 2005): Central Board of Revenue (CBR) Chairman M Abdullah Yusuf has directed the sales tax department to…
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CBR to abolish outdated laws
ISLAMABAD (May 08 2005): To abolish old and redundant tax laws, the Central Board of Revenue (CBR) will withdraw the…
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Duty on import of construction industry tools slashed
ISLAMABAD (May 06 2005): The Central Board of Revenue (CBR) has slashed customs duty on the import of tools and…
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Zero sales tax to be charged on 12 textile raw materials
ISLAMABAD (May 06 2005): The Central Board of Revenue (CBR) will charge sales tax at the rate of zero-percent on…