Finance
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Revenue Board seeks to bring stevedores into sales tax net
ISLAMABAD (February 21 2004): To bring 'stevedoring' services into the sales tax net, the Central Board of Revenue (CBR) has…
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Rebate on plastic mats and pottery tableware exports
ISLAMABAD (February 22 2004): The Central Board of Revenue (CBR) has given duty drawback on export of plastic mats and…
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CIRC to issue Rs 4.54bn bonds
The Corporate and Industrial Restructuring Corporation (CIRC), established in September 2000 to handle the cases of non-performing loans (NPL) of…
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CBR starts reviewing ST audit report
LAHORE, Feb 17: The Central Board of Revenue is undertaking an independent review and scrutiny of every sales tax audit…
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Union Bank to pay 10 percent cash dividend and 10 percent bonus
KARACHI (February 18 2004): After four years of dry run the Union Bank is to pay 10 percent cash dividend…
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SECP to issue code for companies to deal with rating agencies
ISLAMABAD (February 18 2004): The heads of SECP and State Bank discussed development of secondary market in Term Finance Certificates…
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Application of IAS-17 to modarabas deferred
KARACHI: Securities and Exchange Commission of Pakistan (SECP) has absolved modaraba companies – engaged in operating lease business – from…
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MCB earns Rs 2.23 billion, declares 10 percent bonus
KARACHI (February 17 2004): The profit of the Muslim Commercial Bank Limited (MCB) for the year ended December 31, 2003…
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Franchise arrangements for exchange companies laid down
KARACHI (February 15 2004): The State Bank of Pakistan (SBP), in order to facilitate the exchange companies which have been…
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MCB may announce 27 percent profit growth on February 16
KARACHI (February 16 2004): The banking giant, Muslim Commercial Bank, might record a growth of as much as 27 percent…
