Economic and Finance News
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Banks can levy service charges on PLS deposits
KARACHI (July 05 2003) : The State Bank on Friday said that banks can levy service charges on all types…
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Banks uneasy over reporting clients' profits to Revenue Board
KARACHI (July 05 2003) : State Bank's fresh instructions have created a kind of uneasiness among the banks as they…
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US offers to train SECP officers
ISLAMABAD, July 3: The US Commodities Futures Trading Commission (CFTC) has offered its cooperation in the training of officers of…
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Desk audit of ghee units directed
ISLAMABAD (July 04 2003) : The Central Board of Revenue (CBR) has directed all collectorates of sales tax to conduct…
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19 EoIs received for Habib Bank sell-off
KARACHI (July 03 2003) : The Privatisation Commission (PC) has received 19 Expressions of Interest (EOI) for Habib Bank Limited…
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New system for excess income tax refund evolved
ISLAMABAD (July 03 2003) : Evolving a new income tax refund procedure under Income Tax Ordinance 2001, the Central Board…
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Unisame asks SBP to review rules
KARACHI, July 2: The Union of Small & Medium Enterprises has urged the State Bank to consider classification of SMEs…
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Tax relief for textile units: Board of Investment blames Commerce for delay in cases finalisation
ISLAMABAD (July 01 2003) : The Board of Investment (BoI) has blamed Ministry of Commerce for delay in the finalisation…
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SBP circulars are binding on banks: Sindh High Court
KARACHI (July 01 2003) : Sindh High Court has held that State Bank circulars are binding on, and are to…
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Banks and DFIs to report Revenue Board over Rs 10,000 profit paid to clients
KARACHI (July 01 2003) : The State Bank on Monday decided that all banks, development financial institutions (DFIs) are required…
