News
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Central excise duty withdrawn from sulphonic acid import
ISLAMABAD (February 05 2003) : Giving a major relief to the soap/detergent industry, the Central Board of Revenue (CBR) has…
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Petroleum Ministry planning one billion cubic feet gas supply for IPPs to cut power tariff
ISLAMABAD (February 05 2003) : The Ministry of Petroleum (MoP) is embarking upon an ambitious plan to supply, by the…
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Stocks trading: SECP chairman suggests margin financing facility
KARACHI (February 05 2003) : Khalid A Mirza, Chairman, Securities and Exchange Commission of Pakistan (SECP), has said that the…
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Bleached blended made-ups get rebate facility
SLAMABAD (February 05 2003) : The Central Board of Revenue (CBR) has given duty drawback facility on the export of…
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Gems, jewellery export picking up
KARACHI (February 05 2003) : The export of gems and jewellery is picking up as this sector has recorded a…
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FASB Adopts New Rules on Assets, Liabilities
Accounting guidelines that may force U.S. companies to move billions of dollars in assets and debt onto their balance sheets…
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Substitution of contracts allowed within six months for pre-shipment loans
KARACHI (February 04 2003) : To promote export trade, Pakistan government has taken special steps to provide pre-shipment loans for…
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Security companies to be assessed under presumptive tax regime
ISLAMABAD (February 04 2003) : The private security agencies engaged in provision of security staff to different organisations would be…
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Fuel oil price raised by 8.7 percent
KARACHI (February 04 2003) : The oil marketing companies have raised the price of fuel oil by 8.7 percent in…
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KPMG trims chief's pay packet
Mike Rake, the chairman of KPMG, is likely to be forced to take a pay cut for last year after…
