Finance
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Revenue Board starts commercial exporters audit
ISLAMABAD (November 03 2003): The Central Board of Revenue (CBR) has started audit of commercial exporters to ascertain the admissibility…
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Banks to comply SBP equity investment rules
KARACHI (November 03 2003): The decision of the State Bank of Pakistan to restrict investment in share market would force…
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Input tax adjustment for PTV ads: Revenue Board issues procedure
ISLAMABAD (November 02 2003): The Central Board of Revenue (CBR) has issued procedure for adjustment of input tax paid on…
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Advances against certain raw materials need no margins
KARACHI (October 30 2003): The new Prudential Regulations have put no margin requirement for advances against raw materials to manufacturing…
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National Bank's nine-month profit doubles
KARACHI (October 30 2003): The profit of National Bank of Pakistan Ltd, the country's largest lender by assets, rose twofold…
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Revenue Board opposes GST exemption on phosphatic fertiliser
ISLAMABAD (October 31 2003): Despite the support of three ministries, the Central Board of Revenue (CBR) has strongly opposed the…
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MCB declares 12.5 percent second interim dividend: net profit rises 41 percent in nine months
KARACHI (October 31 2003): The Muslim Commercial Bank declared a second interim dividend of 12.5 percent as its net profit…
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Rebate allowed on snacks export
ISLAMABAD (October 29 2003): The Central Board of Revenue (CBR) has given duty drawback on the export of snacks from…
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SBP issues new Prudential Regulations for corporate, SMEs and consumer sectors
KARACHI (October 29 2003): The State Bank of Pakistan on Tuesday issued three new separate Prudential Regulations for Corporate Banking,…
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Revenue Board planning to do away with SRO 410 incentives
ISLAMABAD (October 28 2003): To make the 'Duty and Tax Remission for Export' (DTRE) Rules more attractive for exporters, the…