Finance
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Notices on 'further tax' adjustment against input levy issued
ISLAMABAD (October 18 2003): To recover billions of rupees from the business community, the Central Board of Revenue (CBR) has…
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Companies rules governing deposits amended
KARACHI (October 18 2003): The Securities and Exchange Commission of Pakistan (SECP) has amended the companies rules governing deposits aimed…
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Hubco approves 21 percent dividend
KARACHI (October 16 2003): Hub Power Company Limited approved 21 percent dividend at the annual general meeting on Wednesday. A…
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Nine banks penalised for helping loan pyramidising
KARACHI (October 16 2003): The State Bank of Pakistan has so far penalised about nine banks for wilfully collaborating with…
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'Prudential Regulations for SMEs next month'
KARACHI (October 15 2003): The State Bank of Pakistan (SBP) will notify Prudential Regulations for Small and Medium enterprises (SMEs)…
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Names and phone numbers must on notices, Revenue Board tells officers
ISLAMABAD (October 14 2003): The Central Board of Revenue (CBR) has made it mandatory for the assessing officers to mention…
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FPCCI suggests substitutions to Sections 73 and 7 of Sales Tax Act
KARACHI (October 14 2003): The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has suggested a number of substitutions…
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Revenue Board redrafts Sales Tax Refund Rules
ISLAMABAD (October 14 2003): In a major move to facilitate the business community, the Central Board of Revenue (CBR) has…
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OGDCL earns Rs 20.673 billion net profit
KARACHI (October 13 2003): The Oil & Gas Development Company Limited (OGDCL) earned a net profit of Rs 20.673 billion…
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Transaction-based assessment of errant taxpayers worked out
ISLAMABAD (October 13 2003): Tax consultant Maxwell Stamps has suggested the Central Board of Revenue (CBR) to thoroughly examine the…
