Economic and Finance News
-
CED on juices and squashes not to be abolished
ISLAMABAD (June 02 2003) : The government has dropped a budget proposal to abolish central excise duty (CED) on juices/squashes.…
-
Textile-specific safeguard rules announced
KARACHI (May 31 2003) : The Committee for the Implementation of Textile Agreements (CITA) has announced the final rules for…
-
'Disputed tax' payment for appeal filing to be abolished
ISLAMABAD (May 31 2003) : The government has decided to abolish the condition of 'disputed tax' payment at the time…
-
SECP not to issue guidelines to NBFIs for NPLs write-off
KARACHI (May 31 2003) : The Securities and Exchange Commission of Pakistan (SECP) has decided not to issue any guidelines…
-
CBR devises uniform system of income tax and sales tax jurisdiction for companies
ISLAMABAD (May 31 2003) : To make things easy for the public limited companies, the Central Board of Revenue (CBR)…
-
Rebate on shampoo export allowed
ISLAMABAD (May 30 2003) : To facilitate the cosmetic industry, the government has allowed duty drawback facility on the export…
-
CBR probing misuse of ghee export facility to Afghanistan
ISLAMABAD (May 30 2003) : The Central Board of Revenue (CBR) has started investigation on the misuse of ghee export…
-
Pakistan and Bahrain to co-operate in Islamic banking
KARACHI (May 30 2003) : Bahrain Monetary Agency (BMA), Central Bank of Bahrain, and the State Bank of Pakistan (SBP)…
-
SBP sells Rs23.4bn six-month T-bills
KARACHI: State Bank of Pakistan (SBP) sucked in Rs23.4 billion from the financial system on Wednesday by selling market treasury…
-
CBR issues draft of new income tax forms and certificates
ISLAMABAD (May 28 2003) : To collect complete information from the taxpayers, the Central Board of Revenue (CBR) has circulated…
