Economic and Finance News
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Trade bodies comments invited on draft regulations for small and medium enterprises
KARACHI (June 22 2003) : The State Bank of Pakistan (SBP) has invited comments from trade bodies on the draft…
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Criteria for companies exemption from additional tax and penalty
ISLAMABAD (June 22 2003) : To facilitate corporate sector, the Central Board of Revenue (CBR) has laid down criteria for…
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Reconciliation of revenue receipts: CBR and SBP evolve new system of reporting collection
ISLAMABAD (June 21 2003) : To streamline banks' tax collection reporting, the Central Board of Revenue (CBR) and State Bank…
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Rs 34.8 billion tax-free Balochistan budget unveiled
QUETTA (June 21 2003) : Balochistan Finance Minister Ehsan Shah presented Rs 34.8 billion tax-free budget for 2003-04 in the…
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Revenue Board to consult trade bodies before deputing sales tax officer
ISLAMABAD (June 20 2003) : Taking into account all apprehensions of the business community, the Central Board of Revenue (CBR)…
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Sales tax to be leviable on LPG industry at all stages
ISLAMABAD (June 20 2003) : The Central Board of Revenue (CBR) has directed the liquid petroleum gas (LPG) industry that…
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Input tax adjustment on power bills allowed
ISLAMABAD (June 20 2003) : Extending a major relief to the registered consumers of electricity, the Central Board of Revenue…
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Revenue Board acts to bring proposed amendments in return forms
KARACHI (June 18 2003) : The Central Board of Revenue (CBR) has initiated action to bring proposed amendments in the…
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Exporters allowed to dispose of unused input goods under new DTRE rules
KARACHI (June 18 2003) : Fazal Qadir Qalbani, Collector of Custom, has informed exporters that now they are allowed to…
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Surgical instruments industry to pay monthly fixed sales tax
ISLAMABAD (June 18 2003) : To bring undocumented sectors of economy within the sales tax net, the Central Board of…
