Finance
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21 points in new tax return form clarified
ISLAMABAD (September 13 2004): To remove confusion in filing income tax returns for tax year 2004 by taxpayers, the Central…
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Tax procedure for non-resident companies clarified
ISLAMABAD (September 20 2004): The Central Board of Revenue (CBR) has clarified tax deduction procedure for the non-resident companies/persons under…
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Indus Motors declares 50 percent cash dividend; profit up 17 percent
KARACHI (September 20 2004): Indus Motor Company Limited recorded 17.14 percent growth in profit for the year ended June 30,…
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Plan launched for disposal of 11,316 pending audit cases
ISLAMABAD (September 10 2004): The Central Board of Revenue (CBR) has launched a plan for the disposal of 11,316 pending…
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Duty drawback on PSF-based textile items to be raised
ISLAMABAD (August 25 2004): The Central Board of Revenue (CBR) has decided to enhance duty drawback rates on the export…
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Services sector grossly under-taxed: CBR Chairman Yusuf
ISLAMABAD (August 24 2004): The Chairman Central Bureau of Revenue, Abdullah Yusuf has said that services sector was grossly under-taxed,…
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Shell profit rises 20 percent in fiscal year 2004
KARACHI (August 20 2004): The profit of Shell Pakistan Limited in the year ended June 30, 2004 rose 20 percent…
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Drawback on diesel generating sets reduced
ISLAMABAD (August 20 2004): The Central Board of Revenue (CBR) has reduced duty drawback on the export of diesel generating…
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CBR and vanaspati makers reach understanding on value addition for imported palm olien
ISLAMABAD (August 20 2004): The Central Board of Revenue (CBR) and Pakistan Vanaspati Manufacturers Association (PVMA) on Thursday agreed on…
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Minimum benchmark value of bill of entry reduced
ISLAMABAD (August 21 2004): The Central Board of Revenue (CBR) has substantially reduced the minimum benchmark value of bill of…
