Finance
-
FBR cuts depreciation to one percent on Import of old, used vehicles
ISLAMABAD (January 15 2009): The Federal Board of Revenue (FBR) has reduced depreciation from two to one percent on import…
-
SECP amends Companies Ordinance to Allow Listed firms to Buy Back Shares
ISLAMABAD (January 11 2009): The Securities and Exchange Commission of Pakistan (SECP) has allowed listed companies to buy back their…
-
FBR considering set up of separate withholding tax functions in RTOs
ISLAMABAD (January 12 2009): The Federal Board of Revenue (FBR) is examining a proposal to set up a separate function…
-
SECP proposes changes in Modaraba Ordinance 1980
ISLAMABAD (January 10 2009): The Securities and Exchange Commission of Pakistan (SECP) has decided to amend Modaraba Ordinance 1980 to…
-
SECP sets new criteria for valuation of debt securities
ISLAMABAD (January 10 2009): The Securities and Exchange Commission of Pakistan (SECP) has unveiled a fresh criteria for valuation of…
-
SBP says that Islamic banking failed to penetrate rural areas
KARACHI (January 04 2009): Although the performance and pace of branch extension by Islamic banking institutions (IBIs) seems impressive, they…
-
Competition Commission asks SECP to withdraw Circular on Valuation of Securities by Mutual Funds
ISLAMABAD (January 03 2009): The Competition Commission of Pakistan (CCP) has asked the Securities and Exchange Commission of Pakistan (SECP)…
-
SBP Issues Guidelines on Agreements of Exchange Companies with Foreign Entities
KARACHI (January 02 2009): State Bank of Pakistan has issued new guidelines for home remittances related agreements of Exchange Companies…
-
National Investment Trust (NIT) launches Rs 20 billion State Enterprise Fund
KARACHI (January 02 2009): The National Investment Trust (NIT) has formally launched the much awaited Rs 20 billion NIT State…
-
SBP extends deadline for CNIC submission requirement for account holders
KARACHI (January 01 2009): The State Bank of Pakistan has extended the date for the submission of Computerised National Identity…
