Finance
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SBP terminates FCEF facility
KARACHI (January 30 2004): The State Bank on Thursday terminated the facility of Foreign Currency Export Finance (FCEF) with immediate…
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One percent surcharge only on unutilised raw material
ISLAMABAD (January 30 2004): Extending a major tax concession on the export of goods under 'Temporary Importation Scheme' (SRO 410(I)/2001),…
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Rule bars banks and DFIs' investment in unsecured instruments
KARACHI (January 30 2004): The new set of Prudential Regulations for banks and development financial institutions (DFIs) designed by the…
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Prudential regulations for Modarabas revised
KARACHI (January 29 2004): The Securities and Exchange Commission of Pakistan (SEC) has revised Prudential Regulations for Modarabas aimed at…
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Brochure for filing tax appeals issued
ISLAMABAD (January 27 2004): For the convenience of general public, the Central Board of Revenue (CBR) has issued a brochure…
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Units with low turnover: parameters devised for carrying out desk audit
ISLAMABAD (January 26 2004): To ensure quality sales tax audit of registered units having low annual turnover, the Central Board…
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Revenue Board and SECP to help Afghan government evolve systems
ISLAMABAD (January 25 2004): The government of Pakistan has assured all possible help to Afghan authorities in expanding registration of…
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New incentives provided under DTRE scheme
ISLAMABAD (January 24 2004): On the recommendations of different collectorates, the Central Board of Revenue (CBR) has announced new incentives…
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Provisional sales tax registration allowed
ISLAMABAD (January 23 2004): To encourage investment in the country, the Central Board of Revenue (CBR) has given facility of…
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Revenue Board forms 'Consultative Groups' to evolve system replacing ACR
ISLAMABAD (January 23 2004): The Central Board of Revenue (CBR) has constituted high level 'Consultative Groups' in all major cities…
