Finance
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Financing scheme for export-oriented projects launched
KARACHI (May 19 2004): The State Bank on Tuesday launched a new scheme for 'Long-Term Financing of Export Oriented Projects'…
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Three percent further tax may go in next budget: supplies to unregistered persons
ISLAMABAD (May 17 2004): The Central Board of Revenue (CBR) is seriously considering abolition of 3 percent 'further tax' on…
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PIA's switching over to different accounting system causes unrest in travel trade
KARACHI (May 20 2004): The switch over by Pakistan International Airlines (PIA) to Quasar Accounting System (QAS) from May 1…
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Reduced and uniform rate of GST proposed
ISLAMABAD (May 20 2004): Ministry of Industries and Production has proposed reduction and uniform rate of general sales tax (GST)…
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CBR orders recovery of duties from oil exploration companies
ISLAMABAD (May 10 2004): The Central Board of Revenue (CBR) has ordered recovery of duties and taxes on the disputed…
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Audit parameters irk taxpayers
KARACHI: The Central Board of Revenue (CBR) while setting parameters for carrying out audit Under Section 177 of the Income…
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Further tax exemption on spun yarn under study
ISLAMABAD (May 13 2004): The Central Board of Revenue (CBR) is reviewing 'further tax' exemption on the supply of spun…
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SBP outlines financing scheme for SME exporters
KARACHI: The Small and Medium Enterprises Association said on Friday the central bank had outlined long-term financing scheme for small…
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Body to examine need for SRO 410 extension
ISLAMABAD (May 05 2004): The government has constituted a committee to study the need for extension of SRO 410 (I)/2001…
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Avoidance of Double Taxation: Pakistan and Saudi Arabia sign draft agreement
ISLAMABAD (April 30 2004): Pakistan and Saudi Arabia signed a draft agreement for the Avoidance of Double Taxation here on…
