News
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Water and Power Development Authority plans Rs 7 billion bond issue in January
KARACHI (December 11 2002) : The Water & Power Development Authority (Wapda) plans to float Rs 7 billion bonds next…
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Duty drawback on towels enhanced
ISLAMABAD (December 11 2002) : Giving relief to the manufacturer-cum-exporters of towels, the government has enhanced duty drawback rates on…
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No proposal to remove advance income tax on power bills
ISLAMABAD (December 11 2002) : The government is not considering any proposal to withdraw advance income tax charged on electricity…
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Auditors tell Bush to pay up poll dues
Washington, December 11: Federal Election Commission auditors recommended that President George W. Bush’s campaign repay the government more than $700,000…
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KSE stocks touch 8 1/2-year high
KARACHI (December 10 2002) : The Karachi Stock Exchange on the first day after Eid holidays was in a jubilant…
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Federal Tax Ombudsman rectifies sick unit owner's tax assessment
ISLAMABAD (December 10 2002) : Thanks to the intervention of Federal Tax Ombudsman, the owner of a sick plastic manufacturing…
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Foreign exchange reserves reach $9.01 billion
KARACHI (December 10 2002) : Country's foreign exchange reserves have reached $9.01 billion, said a release of the State Bank…
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$10.4 billion export target achievable: commerce minister
ISLAMABAD (December 10 2002) : Commerce Minister Humayun Akhtar on Monday spoke of the promising indications that the country would…
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$1 billion US waiver to span 38 years
ISLAMABAD (December 10 2002) : The impact of the promised $1 billion loan waiver by US will span over 38…
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Microsoft Launches Small Biz Manager 7.0
Fargo, N.D. (Dec. 10, 2002)– Microsoft Business Solutions launched the latest edition of its small business accounting product Thursday, offering…