Finance
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Karachi East, West sales tax and central excise duty collectorates merged
ISLAMABAD (September 07 2003) : To facilitate the manufacturers of excisable commodities in Karachi, the government has asked all central…
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Revenue Board allows sealing of textile mill premises
ISLAMABAD (September 06 2003) : Taking stern action against a textile mill for the recovery of sales tax, the Central…
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Hubco profit falls 16 percent; 21 percent dividend declared
KARACHI (September 06 2003) : Hub Power Co, Pakistan's largest commercial electricity producer, said profit fell 16 percent in the…
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Traders allowed not to fill tax return forms with oath and details
RAWALPINDI (September 05 2003) : The Central Board of Revenue (CBR) has decided to accept the tax return forms without…
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Ship-breaking and ghee industry tax relief to have minimal revenue impact
ISLAMABAD (September 04 2003) : As the tax relief measures extended to ship-breaking/ghee, cooking oil industries and the general public…
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Several information technologies development projects approved
ISLAMABAD (September 04 2003) : Ministerial review committee chaired by Federal Information Technology Minister Awais Ahmad Khan Leghari has approved…
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Illegal forex trade: SBP, SECP task force to work out strategy
LAHORE, Sept 3: The central bank and the Securities & Exchange Commission of Pakistan (SECP), the two federal regulators of…
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Revenue Board fails to notify drawback rates
ISLAMABAD (September 02 2003) : While the Ministry of Commerce is planning to achieve $ 12.1 billion export target for…
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Banks asked to publish un-audited statements on quarterly basis
KARACHI (September 02 2003) : The State Bank of Pakistan (SBP) directed all the banks to publish and circulate un-audited…
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Withholding tax on scrap ship import reduced to three percent
ISLAMABAD (August 31 2003) : The government has slashed withholding tax, from 6 percent to 3 percent, on the import…
