Finance
-
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…
-
Income tax exemption for Micro Finance Banks demanded
KARACHI: First Micro Finance Bank (FMFB) has suggested waving off income tax on profit of Micro Finance Banks (MFBs) in…
-
Duty on kitchen items cut to zero: land route import from India allowed
ISLAMABAD (May 04 2005): The government has reduced customs duty and withholding tax for private sector on import of five…
-
KSE annouces listing rules for companies
KARACHI (May 04 2005): The Karachi Stock Exchange (KSE) has announced a set of rules and regulations regarding listing of…
-
CBR to launch recovery drive against service providers
ISLAMABAD (May 04 2005): The Central Board of Revenue (CBR) has decided to launch a recovery drive against service providers…
-
CDC ends group account facility
KARACHI (May 03 2005): In compliance with the directive from Securities and Exchange Commission of Pakistan (SECP), the Central Depository…
-
Islamic insurance companies allowed investment in properties
KARACHI: Takaful (Islamic) insurance companies, to be established under the proposed Takaful Insurance Rules-2005, will be permitted to invest in…
-
Habib Bank links KIBOR with SBP rate
KARACHI: The Habib Bank Ltd (HBL) has become the first commercial bank which has linked its Karachi Inter-Bank Offered Rate…
-
KSE softens rules for futures market
KARACHI (April 07 2005): The Karachi Stock Exchange (KSE) while softening rules related to futures market has said, “No netting,…
-
Centralized sales tax registration hits business activities
KARACHI (April 07 2005): Business activities in the cosmopolitan city have been seriously marred due to the delay in Centralised…
