Economic and Finance News
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CBR to extend Pakistan goods declaration system from July
KARACHI (May 07 2003) : The Central Board of Revenue (CBR) plans to extend the Pakistan Goods Declaration (PGD) to…
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Government to slash central excise duty on cement by 20 percent in next budget
ISLAMABAD (May 07 2003) : The government has decided to slash 20 per cent central excise duty (CED) on the…
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'Further tax' exemption to 'spun' yarn makers may be extended
ISLAMABAD (May 06 2003) : In a bid to provide further tax relief to textile industry, the Central Board of…
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Banks to be asked to invest 20-30 percent in information technology sector: minister
KARACHI (May 06 2003) : Awais Ahmad Khan Leghari, Federal Minister for Information Technology and Telecommunication has said that his…
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Al-Meezan Investment Management given licence to launch Shariah compliant schemes
KARACHI (May 06 2003) : The Securities and Exchange Commission of Pakistan (SECP) has issued a licence of asset management…
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Banks' equity investment: KSE asks State Bank to raise limit to 40 percent
KARACHI (May 05 2003) : The Karachi Stock Exchange (KSE) has suggested to the State Bank of Pakistan to raise…
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Eligible exporters list to be finalised: CBR starts 'green channel' sales tax refund system
ISLAMABAD (May 05 2003) : Giving go-ahead signal to the collectorates to start 'green channel' refund system, the Central Board…
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Government may slash GST on pesticides
LAHORE (May 04 2003) : The Federal Government is considering a proposal to provide relief to the growers by reducing…
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CBR rejects two budget proposals by consultant
ISLAMABAD (May 04 2003) : The Central Board of Revenue (CBR) has rejected a major budget proposal floated by consultant…
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SBP asks banks, DFIs to appoint COs
KARACHI: The State Bank of Pakistan has asked banks and development financial institutions (DFIs) to put in place a compliance…