News
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Green channel likely for invoices clearance without scrutiny
KARACHI (April 23 2003) : The Central Board of Revenue (CBR) has indicated to set up a green channel for…
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State Bank drafts proposals to regulate banking
KARACHI (April 23 2003) : The State Bank of Pakistan has drafted proposals to regulate commercial banking in the country…
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Indian move against EU decision for declaring Pakistani products under GSP to be blocked
ISLAMABAD (April 22 2003) : Commerce Minister Humayun Akhtar said on Monday that Pakistan would block Indian move in World…
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Sales Tax on sugar exported by Trading Corporation waived
KARACHI (April 22 2003) : Central Board of Revenue (CBR) has waived a 15 percent sales tax on the export…
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Deloitte Study Finds $356 Billion Outsourcing Trend; India to Benefit Most
In a comprehensive survey of their moves offshore, the world's 100 largest financial-services companies indicate they expect to transfer an…
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PwC accused of 'negligent conduct' in $2.5bn lawsuit
The accountancy firm PricewaterhouseCoopers is facing a $2.5bn (£1.7bn) lawsuit that accuses it of “negligent, fraudulent and tortious conduct”. Amerco…
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Export processing zones to have factory premises: minister
ISLAMABAD (April 21 2003) : The government is planning to build factory premises in the export processing zones (EPZs) for…
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White oil pipeline project: Revenue Board to restore duty exemption on machinery import
ISLAMABAD (April 21 2003) : The Central Board of Revenue (CBR) has decided to restore exemption of customs duty on…
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Saudi-Pak to finance 19 companies with Rs 888 million
ISLAMABAD (April 20 2003) : The 83rd Board of Directors meeting of Saudi-Pak Industrial and Agricultural Investment Company (Pvt) Limited…
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Revenue Board makes amendment on crossed bank draft payment
ISLAMABAD (April 20 2003) : The Central Board of Revenue (CBR) has announced that payment made through a crossed bank…