News
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KSE rejects SECP directive over appointment of stocbrokers as chairman
KARACHI (December 31 2005): The members of Karachi Stock Exchange (KSE) in a meeting on Friday rejected the directive of…
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Central Board of Revenue(CBR) devises new policy to take away tax exemptions
ISLAMABAD (December 29 2005): The Central Board of Revenue (CBR) has devised a new policy for taking away income tax…
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CBR Revises Standard Operating Procedure for Sales Tax Returns
ISLAMABAD (December 29 2005): The Central Board of Revenue (CBR) has asked the collectors to reject four types of inadmissible…
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SECP unveils rules to allow non-member act as KSE chief
KARACHI (December 29 2005): The Securities and Exchange Commission of Pakistan (SECP) has announced rules to allow the Karachi Stock…
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Corporate entities need not submit documents when filing e-returns
SLAMABAD (December 25 2005): The corporate companies would not be required to submit supportive documents along with the income tax…
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Fake SRO used to claim sales tax exemption
ISLAMABAD (December 25 2005): Some businessmen have tried to claim exemption of sales tax/customs by presenting fake 'Statutory Regulatory Order'…
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Central Board of Revenue planning to revamp appeals system
ISLAMABAD (December 24 2005): The Central Board of Revenue (CBR) is planning to revamp the entire appeals system to speed…
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Rules for Continuous Funding System (CFS) implementation notified
KARACHI (December 20 2005): The Karachi Stock Exchange (KSE) has released rules and regulation pertaining to ‘continuous funding system’ (CFS)…
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SBP invites suggestions on new Export Finance Scheme
KARACHI (December 20 2005): The State Bank of Pakistan has invited suggestions and recommendations from all the stakeholders on the…
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CBR lists zero-rated sales tax machinery
ISLAMABAD (December 19 2005): Taking a major step to facilitate the investors, the Central Board of Revenue (CBR) has issued…