News
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Listed corporate bond market remains more active: State Bank
KARACHI (June 27 2003) : The State Bank of Pakistan (SBP) has said that the listed corporate bond market was…
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Fiscal Responsibility and Debt Limitation Ordinance 2003 okayed
ISLAMABAD (June 27 2003) : The Federal Cabinet on Thursday approved much-needed “Fiscal Responsi-bility and Debt Limitation Ordinance 2003”, which…
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Central excise duty to be removed from many essential items, barring a few
KARACHI (June 28 2003) : The government intends to gradually withdraw central excise duty from a number of items and…
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Banks allowed to install off-site ATMs
KARACHI (June 28 2003) : The State Bank has allowed banks to install off-site ATMs for dispensation of cash only.…
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State Bank clarification on quarterly report
KARACHI (June 28 2003) : The State Bank of Pakistan on Friday issued the following clarification regarding its third quarterly…
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State Bank extends period for banks' export financing limits
KARACHI (June 26 2003) : The State Bank has allowed banks to avail refinance against limits sanctioned in banks' favour…
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State Bank directive for printing cheque books
KARACHI (June 26 2003) : The State Bank on Wednesday said that instances have been noted during the recent past…
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Banks and DFIs asked to ensure returns payable to investors and depositors based on Shariah
KARACHI (June 26 2003) : The State Bank has authorised banks and development financial institutions (DFIs) to determine, on their…
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Maintenance spares and consumable parts excluded from tax relief
ISLAMABAD (June 26 2003) : Rectifying an anomaly, the Central Board of Revenue (CBR) has excluded maintenance spares and consumable…
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Lawsuit vs Andersen in WorldCom case can proceed
NEW YORK, June 25 (Reuters) – A district judge in the US has denied defunct accounting firm Andersen's request to…
