Economic and Finance News
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Govt borrowing through TBs shoots up to 23pc
The stock of government debt raised through treasury bills has risen to Rs403 billion by March 2003 from Rs208 billion…
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Revenue Board to share profiling parameters for various types of registered taxpayers
KARACHI (May 25 2003) : The Central Board of Revenue (CBR) will share profiling parameters for different types of registered…
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State Bank grants NOC to Atlas Bank
KARACHI (May 25 2003) : The State Bank of Pakistan (SBP) has granted “No Objection Certificate” to Atlas Investment Bank…
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GST not to be imposed on bricks and cement blocks
ISLAMABAD (May 25 2003) : The Central Board of Revenue (CBR) has rejected a major proposal of International Monetary Fund…
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PM announces package to make KEPZ attractive: no cess on raw material imports from July 1
KARACHI (May 23 2003) : Prime Minister Mir Zafarullah Khan Jamali has announced abolition of cess on imports of raw…
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Multinationals remit $332 million from Pakistan
KARACHI (May 23 2003) : Profits repatriated from Pakistan last year were more than four times higher than the previous…
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Conversion of Customs Intelligence Directorate into Revenue Board unit okayed
ISLAMABAD (May 23 2003) : Finance Minister Shaukat Aziz has approved the conversion of Directorate of Customs Intelligence into the…
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Islamic Bank offers soft-term finance to TCP for sugar export
KARACHI (May 21 2003) : Islamic Development Bank (IDB) has offered soft-term financing facilities to the Trading Corporation of Pakistan…
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State Life Insurance distributes Rs 6520 million as actuarial surplus to its policyholders
KARACHI (May 21 2003) : The State Life Insurance Corporation of Pakistan (SLIC) has distributed Rs 6520 million as actuarial…
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Next budget to carry capital gain tax exemption
KARACHI (May 21 2003) : Prime Minister Mir Zafarullah Khan Jamali said that the budget for the next financial year…
