Finance
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Retailers may pay sales tax at 10 percent value-addition
ISLAMABAD (August 10 2004): The Central Board of Revenue (CBR) announced here on Monday that retailers have been given the…
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Employers allowed tax adjustments in salaries
ISLAMABAD (August 10 2004): To facilitate salaried class, the Central Board of Revenue (CBR) has allowed employers to make adjustment…
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CBR outlines use of goods declaration copy
ISLAMABAD (August 10 2004): The Central Board of Revenue (CBR) has announced that goods declaration (GD) copy for importer/exporter could…
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Duty and sales tax on mobile phone parts abolished
ISLAMABAD (August 11 2004): In a major move to attract foreign investment in the mobile phone sector, the government has…
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PICIC Bank profits likely to show 75 percent growth
KARACHI (August 05 2004): Picic Commercial Bank, which is expected to announce its half-yearly results with over 75 percent increase…
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Foreign investors may have 100 percent equity in services sector
ISLAMABAD (August 05 2004): Further liberalising the investment policy, the government has decided to allow 100 percent equity for foreign…
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Importers given immunity from audit, sales tax on value-addition
ISLAMABAD (August 05 2004): Fulfilling a major demand of importers, the Central Board of Revenue (CBR) has given immunity from…
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SBP issues clarification on surplus/deficit revaluation
KARACHI (August 05 2004): The State Bank on Wednesday has issued clarification about revaluation of assets and their classification. Some…
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Bank Al Habib issued licence for Islamic banking
KARACHI (August 05 2004): The State Bank on Wednesday issued a licence to Bank Al Habib Limited for its first…
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Rebate on surgical and leather goods cut
ISLAMABAD (July 30 2004): The Central Board of Revenue (CBR) has reduced duty drawback rates on the export of surgical/veterinary…
