Economic and Finance News
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Lahore Stock Exchange to offer associate membership rights to banks and financial institutions
LAHORE (July 09 2003) : With a view to broadening investors' base, the Lahore Stock Exchange (LSE) has planned to…
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Banks and DFIs profit reporting: no amendment in income tax law needed, says Revenue Board
ISLAMABAD (July 09 2003) : No further amendment in the income tax law is required as banks/financial institutions (FDIs) profit…
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Federation Chambers for withdrawal of SRO 507 and suspension of Section 73 of Sales Tax Act
KARACHI (July 09 2003) : Sheikh Maqbool Ahmed, acting president, Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has…
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Revenue Board opposes duty-free agri machinery import
ISLAMABAD (July 09 2003) : The Central Board of Revenue (CBR) has strongly opposed any move to grant exemption of…
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State Bank invites proposals for sale of ABL shares
KARACHI (July 09 2003) : The State Bank of Pakistan (SBP) has invited proposals from the local and foreign financial…
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Forward cover fee on foreign currency deposits reduced
KARACHI (July 06 2003) : The State Bank of Pakistan has significantly cut the forward cover fee on foreign currency…
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State Bank relaxes Prudential Regulations for infrastructure projects financing
KARACHI (July 06 2003) : The State Bank of Pakistan on Saturday relaxed the Prudential Regulations for 'Infrastructure Project Financing'…
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State Bank issues new Primary Dealers rules
KARACHI (July 06 2003) : The State Bank of Pakistan has allowed brokerage houses and investment banks to become 'Primary…
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Customs told not to interfere in income tax matters
ISLAMABAD (July 05 2003) : To check the misuse of discretionary powers of custom officials, the Central Board of Revenue…
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SBP forms body to resolve bank-borrower disputes
KARACHI (July 05 2003) : The State Bank on Friday set up a committee to resolve the disputes relating to…
