Finance
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EPB allows 5 percent shipment in all US categories
KARACHI (December 15 2004): The Export Promotion Bureau (EPB) has allowed shipment up to a safe limit of 5 percent…
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Parameters devised for speedy sales tax refund
ISLAMABAD (December 14 2004): The Central Board of Revenue (CBR) has devised 10 major parameters to categorise exporters under 'green',…
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PTCL’s monopoly in Karachi comes to an end
KARACHI: The monopoly of the state-owned telecom giant, Pakistan Telecommunications Company (PTCL), over fixed line telephones, is coming to an…
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SECP and bourses to develop models for demutualisation, integration in 15 weeks
ISLAMABAD (December 12 2004): The three stock markets and the Securities and Exchange Commission of Pakistan (SECP) have fixed a…
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Attock Petroleum plans to offer 10 million shares
KARACHI (December 13 2004): The Attock Petroleum Ltd (APL) will offer 10 million shares at 57.75 rupees by the end…
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Customs barred from raiding factories
ISLAMABAD (December 13 2004): The Central Board of Revenue (CBR) has barred customs officials of Directorate General, Intelligence and Investigation,…
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Minimum value-addition for some retailers cut
ISLAMABAD (October 19 2004): The Central Board of Revenue (CBR) has substantially reduced 'minimum value-addition' for retailers of motorcycles, rubber…
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No penalty on sales tax returns till October 25
ISLAMABAD (October 19 2004): The Central Board of Revenue (CBR) has waived additional tax and penalty on the late filing…
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CBR seeks data of salaried persons' employers
ISLAMABAD (October 23 2004): The Central Board of Revenue (CBR) will issue letters to all those salaried persons who failed…
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Drawback on artificial leather reduced
ISLAMABAD (October 23 2004): The Central Board of Revenue (CBR) has reduced duty drawback on the export of artificial leather…