Finance
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CDC further slashes security deposit
KARACHI (November 13 2003): The Central Depository Company (CDC) has once again slashed the security deposit from issuers of securities…
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Law being devised to check bogus invoices
ISLAMABAD (November 12 2003): The Central Board of Revenue (CBR) is devising a new law to deal with over 1000…
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Banks' profits triple from capital gains, dividends
KARACHI (November 11 2003): The banks listed at Karachi Stock Exchange (KSE) posted a tremendous growth during nine months and…
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State Bank and EPD renamed as Foreign Exchange Operations Department
KARACHI (November 11 2003): The State Bank on Monday renamed the Exchange Policy Department, SBP Banking Services Corporation as 'Foreign…
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Sales tax on cotton may go temporarily
KARACHI (November 11 2003): The government is considering suspension of sales tax on cotton temporarily for a few months, it…
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Impact of Prudential Regulations: banks to cut equity investment in two years, DFIs exempted
KARACHI (November 11 2003): Dr Ishrat Husain, Governor, State Bank of Pakistan (SBP), assured a delegation of Karachi Stock Exchange…
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SECP notifies qualifications of 'company secretary'
ISLAMABAD (November 11 2003): The Securities and Exchange Commission of Pakistan (SECP) through an amendment in the Companies (General Provision…
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Export finance scheme applicable to pottery items
KARACHI (November 09 2003): The State Bank has made it clear to banks that 'Pottery' is also included in the…
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CBR to release pending sales tax refund claims of Leather exporters
KARACHI (November 09 2003): The Central Board of Revenue (CBR) has agreed to release the pending sales tax refund claims…
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CED rebate allowed on lubricating oil export
ISLAMABAD (November 09 2003): The Central Board of Revenue (CBR) has given rebate of central excise duty (CED) on export…