Finance
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Sales Tax registration and de-registration to be carried out through TFCs
ISLAMABAD (May 31 2004): The sales tax registration and de-registration will be carried out through Taxpayer Education and Facilitation Centres…
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Contravention cases period to be reckoned from installation
ISLAMABAD (May 30 2004): The Central Board of Revenue (CBR) has announced that contravention cases would not be framed against…
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Dispute Resolution Complex to handle only tax adjudication cases
ISLAMABAD (May 31 2004): The Dispute Resolution Complex, Karachi, will exclusively deal with all the adjudication cases of customs, sales…
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Tax Ombudsman rules CBR circular as void
ISLAMABAD (June 01 2004): The Federal Tax Ombudsman, Justice Saleem Akhtar, has decreed that a circular of CBR regarding new…
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State Bank allows market to increase PIB yields
KARACHI (May 29 2004): The State Bank of Pakistan has finally relented and allowed the market forces to determine the…
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SBP issues Master Circular for SLR
KARACHI (May 29 2004): The State Bank on Friday issued Master Circular containing consolidated instructions about Statutory Liquidity Requirement. In…
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CBR asked not to levy sales tax on computers
ISLAMABAD (May 29 2004): The government has directed the Central Board of Revenue (CBR) not to amend Sixth Schedule of…
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Input tax adjustment on diesel used in power generation proposed
ISLAMABAD (May 29 2004): Industries Ministry has proposed that manufacturers having self-generation permission should be allowed to adjust input tax…
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SBP issues guidelines on internal controls in banks and DFIs
KARACHI (May 29 2004): The State Bank of Pakistan on Friday issued detailed guidelines on internal controls to protect the…
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Duty drawback given on export of staple fibre blended yarn
ISLAMABAD (May 26 2004): The Central Board of Revenue (CBR) has given duty drawback on the export of seven different…
