Finance
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Union Bank first-half results announced
KARACHI (August 12 2004): Union Bank Limited has announced its results for the first half of 2004. The Board has…
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CBR to establish 'research department'
ISLAMABAD (August 15 2004): The Central Board of Revenue (CBR) has decided to set up an independent research department to…
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Sales tax on value addition not adjustable
KARACHI (August 15 2004): The Central Board of Revenue (CBR) has announced that the sales tax paid on value addition…
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FTO orders compliance: CBR withdraws three sales tax instructions
ISLAMABAD (August 15 2004): The Central Board of Revenue (CBR) has withdrawn three sales tax instructions issued on registration and…
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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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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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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…
