Finance
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'Decision on Section 73 of Sales Tax Act in next budget': Finance Minister
ISLAMABAD (February 28 2004): Finance Minister Shaukat Aziz has said that the policy decision regarding Section 73 of the Sales…
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Pakistan Steel shares to be floated after clearance of losses
KARACHI (February 28 2004): Shares of Pakistan Steel (PS) will be floated in the stock market after the clearance of…
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Simplified rules to ensure prompt payment of sales tax refund
ISLAMABAD (February 28 2004): Federal Finance Minister Shaukat Aziz has said that simplified “Sales Tax Refund Rules 2004” will ensure…
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Risk management guidelines to replace prudential regulations
ISLAMABAD (February 28 2004): The new Prudential Regulations will gradually be replaced with the Risk Management Guidelines. The Risk Management…
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Rs 13.28 billion half-yearly earnings for PTCL
KARACHI (February 27 2004): Pakistan Telecommunication Company Limited (PTCL) has earned a net profit of Rs 13.28 billion during the…
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EPZ infrastructure cess withdrawn
KARACHI (February 25 2004): The Sindh Cabinet, which met here on Tuesday, decided to withdraw 0.5 percent infrastructure cess from…
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14 items added to ATT list: ECC removes ghee from DTRE regime
ISLAMABAD (February 25 2004): The Economic Co-ordination Committee (ECC) of the Cabinet has allowed 14 more items to pass through…
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Cotton hedge trade not un-Islamic: Law Division
ISLAMABAD (February 25 2004): The Law Division has said that hedge trading was not against the Islamic mode of trade…
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Banks, DFIs ignoring SBP guidelines: Loan write-off
LAHORE, Feb 17: In spite of clear instructions from the State Bank of Pakistan, banks and development finance institutions (DFIs)…
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Local dollar collection and settlement system introduced
KARACHI (February 20 2004): The State Bank of Pakistan (SBP) on Thursday introduced “Local US Dollar Instruments Collection and Settlement…
