News
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Commercial import of furnace oil may be allowed
ISLAMABAD (April 14 2003) : The government is expected to allow commercial import of furnace oil in a couple of…
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Sales tax refund claim on fake invoice to be treated as tax fraud
ISLAMABAD (April 14 2003) : To control the phenomenon of fake/flying invoices, the buyer of the fake invoices would be…
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KESC tariff raised by 12-20 paisa per unit: residential and agri consumers spared
ISLAMABAD (April 13 2003) : The National Electric Power Regulatory Authority (Nepra) on Saturday raised Karachi Electric Supply Corporation (KESC)…
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DTRE rules amended to facilitate exporters
KARACHI (April 13 2003) : On the recommendations on Duty and Tax Remission on Export (DTRE), a number of amendments…
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CBR formulating new sales tax refund verification system
ISLAMABAD (April 13 2003) : Changing the mode of refund payment to facilitate the exporters, the Central Board of Revenue…
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Auto makers asked to cut prices
KARACHI, April 11: Federal Industries and Production Minister, Liaquat Ali Jatoi has again asked the auto assemblers and parts makers…
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SBP issues advice to banks, DFIs
KARACHI, April 11: The State Bank has warned heads of all banks and development finance institutions that the proceedings of…
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1st Islamic TFC of Rs250m this month
KARACHI, April 11: Al-Zamin Leasing Modaraba is launching the first ever Islamic term finance certificate sometime this month. “We will…
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Deloitte ventures solo on consulting-audit road
In an accounting industry still recovering from the drama of Andersen's sudden collapse and the subsequent onslaught of new rules,…
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No plan to levy 15 percent general sales tax on food items: CBR
ISLAMABAD (April 11 2003) : The Central Board of Revenue (CBR) is not considering any proposal to do away with…
