Finance
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FBR bars commercial importers goods from clearance
ISLAMABAD (March 16 2009): The Federal Board of Revenue (FBR) has barred commercial importers of miscellaneous goods from clearance of…
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FBR to implement new strategy for speedy sales tax refunds
ISLAMABAD (March 17 2009): The Federal Board of Revenue (FBR) has implemented a new strategy for immediate clearance of outstanding…
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RTO Islamabad asks banks to provide e-filed data of WHT deductions
ISLAMABAD (March 13 2009): Regional Tax office (RTO) Islamabad has directed certain commercial banks within the jurisdiction of federal capital…
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Kamran Shahzad Appointed Deputy Governor of SBP
KARACHI (March 13 2009): The federal government has appointed Muhammad Kamran Shehzad as Deputy Governor, State Bank of Pakistan with…
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SBP announces new policy for banks overseas branch operations
KARACHI (March 07 2009): For commencement of overseas branch operations by banks, the State Bank of Pakistan (SBP) has set…
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Insurance Companies to Recognise Impairment as of 31/12/08 for Dividend Distribution
KARACHI (February 20 2009): Insurance companies have been asked to recognise the impairment in valuation of investment as of December…
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SECP grants relaxation on accounting treatment for equity securities as required under IAS-39
ISLAMABAD (February 14 2009): The Securities and Exchange Commission of Pakistan (SECP) has granted relaxation in the accounting treatment for…
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SECP informs CCP it has authority to give exemptions and relaxations from IAS applicability
ISLAMABAD (February 13 2009): The Securities and Exchange Commission of Pakistan (SECP) has informed the Competition Commission of Pakistan (CCP)…
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CCP asks SECP not to issue directive on IAS-39 which would violate Competition Ordinance
ISLAMABAD (February 11 2009): The Competition Commission of Pakistan (CCP) has asked the Securities and Exchange Commission of Pakistan (SECP)…
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50 percent margin on sugar trade financing impsed by SBP
KARACHI (February 10 2009): As a step to curb sugar hoarding, the State Bank of Pakistan (SBP) on Monday imposed…
