Finance
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Profits on COIs issued by Investment Banks exempt from tax
ISLAMABAD (July 20 2004): The Central Board of Revenue (CBR) has clarified that the profit earned on Certificates of Investment…
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Duty on pharma raw materials slashed
ISLAMABAD (July 17 2004): To encourage investment in pharmaceutical sector, the Central Board of Revenue (CBR) has slashed custom duty…
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Fertiliser values for sales tax assessment reduced
ISLAMABAD (July 17 2004): To benefit farming community, the federal government has reduced the value of phosphoric fertilisers for assessment…
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Rules for issuing shares unveiled
KARAHI (July 17 2004): The Securities and Exchange Commission of Pakistan (SECP) has issued detailed guidelines on issuing shares at…
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Imports under SRO 410: PRGMEA resents bank guarantee condition
KARACHI (July 05 2004): The Central Board of Revenue has laid down a new condition in revised SRO 410 allowing…
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Foreign exchange regime further liberalised for info-tech payments
KARACHI (July 08 2004): The State Bank of Pakistan (SBP) has further liberalised foreign exchange regime, and allowed authorised dealers…
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Mobile Customs squads' powers taken away
ISLAMABAD (July 08 2004): The Central Board of Revenue (CBR) has barred mobile customs squads from searching private vehicles throughout…
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Unilever accepts Westbury's Rs 1.33 billion bid for edible oil business
KARACHI (July 13 2004): The board of directors of Unliver Pakistan has recommended for acceptance of the bid for Rs…
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Procedure for imports clearance fine-tuned
ISLAMABAD (July 12 2004): To streamline imports clearance procedure, the Central Board of Revenue (CBR) has announced that importers will…
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Stricter government procurement rules come into force
ISLAMABAD (July 05 2004): In order to bring about good governance, transparency, accountability and improvement in public procurement of goods,…
