Economic and Finance News
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Prime Minister to announce waiver of general sales tax from KEPZ units
ISLAMABAD (May 18 2003) : The government would soon formally announce withdrawal of general sales tax (GST) from the units…
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Pakistan International Container Terminal to get $9.25 million IFC loan
KARACHI (May 18 2003) : A loan agreement between International Finance Corporation (IFC) and Pakistan International Container Terminal Limited (PICT)…
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One specific sector will not be favoured with GST cut
ISLAMABAD (May 17 2003) : In order to keep uniform policy of 20 percent GST intact, the Central Board of…
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United Bank exempted from income tax till June 30
ISLAMABAD (May 17 2003) : United Bank Ltd, a large taxpayer under the large taxpayers unit, Karachi, has been exempted…
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National Bank registers 94 percent profit in first quarter
KARACHI (May 17 2003) : National Bank of Pakistan Ltd (NBP), the nation's largest bank, registered first quarter profit of…
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Sales tax levy: Revenue Board issues fresh clarification
ISLAMABAD (May 17 2003) : Taking into account the viewpoint of the Ministry of Law and Justice, the Central Board…
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Government urged to cut duty, sales tax on stationery
KARACHI (May 15 2003) : Claims that the Pakistan government is education-friendly and is doing everything in its power to…
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Record Rs 193 billion sales tax collected in July-April
ISLAMABAD (May 15 2003) : Registering record sales tax collection of Rs 193 billion during the July-April 2002-03, the Central…
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Government and SBP studying proposal to merge, sell ICP's shares
KARACHI (May 14 2003) : The government and the State Bank of Pakistan (SBP) are studying a proposal to either…
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State Bank further explains write-off policy
KARACHI (May 14 2003) : The State Bank of Pakistan (SBP), responding to representations and suggestions made by the trade…
