News
-
GST rate may be revised downward
ISLAMABAD (December 16 2004): The current 15 percent general sales tax (GST) in Pakistan is comparatively higher as compared to…
-
Rs 35 per share fixed for Kapco IPO
ISLAMABAD (December 16 2004): The Privatisation Commission board has determined the per share price for Kot Addu Power Company (Kapco)…
-
Ban on old machinery and parts import may be removed
RAWALPINDI (December 16 2004): The government is planning to remove the ban on import of old and used machinery and…
-
CVT rates on used car import notified
ISLAMABAD (December 16 2004): The Central Board of Revenue (CBR) has issued the actual rate of capital value tax (CVT)…
-
Al Meezan to float Rs 1.2bn mutual fund
KARACHI: The public subscription of Meezan Balanced Fund (MBF) – a closed end scheme managed by Al Meezan Investment Management…
-
EPB allows 5 percent shipment in all US categories
KARACHI (December 15 2004): The Export Promotion Bureau (EPB) has allowed shipment up to a safe limit of 5 percent…
-
Parameters devised for speedy sales tax refund
ISLAMABAD (December 14 2004): The Central Board of Revenue (CBR) has devised 10 major parameters to categorise exporters under 'green',…
-
PTCL’s monopoly in Karachi comes to an end
KARACHI: The monopoly of the state-owned telecom giant, Pakistan Telecommunications Company (PTCL), over fixed line telephones, is coming to an…
-
ICAP says badla trade be taxed
KARACHI: Institute of Chartered Accountants of Pakistan (ICAP) has recommended that present Badla or Carry-over Transaction of shares at the…
-
Attock Petroleum plans to offer 10 million shares
KARACHI (December 13 2004): The Attock Petroleum Ltd (APL) will offer 10 million shares at 57.75 rupees by the end…
