Finance
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Procedure for working out minimum sales tax liability of non-filers
ISLAMABAD (December 07 2003): The government has issued new procedure meant for determination of minimum tax liability of registered persons…
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Revenue Board and IMF discuss steps to improve tax collection
ISLAMABAD (December 06 2003): The tax managers and the International Monetary Fund (IMF) mission on Friday held introductory meeting to…
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CBR develops ITTT in two zones to broaden tax net
LAHORE (December 05 2003): Central Board of Revenue (CBR) has created two full-fledged zones, one each in Lahore and Karachi…
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Goods from Fata and Pata liable to sales tax
ISLAMABAD (December 04 2003): The distributors, commission agents, wholesalers and dealers are liable to pay sales tax on supply of…
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Nishat Mills profit more than doubles
KARACHI (December 01 2003): Nishat Mills Ltd, Pakistan's largest textile factory, has said its full year profit has more than…
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Revenue Board to encourage voluntary compliance by taxpayers
ISLAMABAD (December 01 2003): The Central Board of Revenue (CBR) is focusing on a methodology to encourage voluntary compliance by…
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Revenue Board pays Rs 5 billion as duty drawback to exporters
ISLAMABAD (November 30 2003): The Central Board of Revenue (CBR) has paid around Rs 5 billion as duty drawback to…
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Registration under DTRE scheme: custom collectors empowered to accept and reject applications
ISLAMABAD (November 23 2003): The Central Board of Revenue (CBR) has empowered the collectors of customs to accept or reject…
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CED jurisdiction for Karachi units changed
ISLAMABAD (November 23 2003): The central excise duty paying industrial units and service providers whose licences were issued by Collectorate…
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SBP seeks views of stakeholders on interest rate
KARACHI (November 23 2003): The State Bank of Pakistan (SBP) has drawn up a 15-point questionnaire to solicit views of…
