Economic and Finance News
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SECP issues draft of private equity fund rules
ISLAMABAD (August 14 2007): The Securities and Exchange Commission of Pakistan (SECP) has issued the draft 'Private Equity and Venture…
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'Vigilance Wing' empowered to probe tax fraud cases
ISLAMABAD (August 14 2007): The Vigilance Wing of Directorate-General, Intelligence and Investigation, Federal Board of Revenue (FBR), has been empowered…
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Highlights of the Rs 1.599 Trillion 2007-08 Federal Budget
ISLAMABAD: The federal budget for 2007-08 with an outlay of Rs 1.599 trillion presented in the National Assembly on Saturday…
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Tax neutrality for acquisition and mergers
ISLAMABAD (June 10 2007): The federal government on Saturday realigned its taxation rules allowing establishing of holding companies and providing…
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Highlights of Economic Survey of Pakistan 2006-07
ISLAMABAD (June 09 2007): Pakistan's economy continues to gain traction as it experiences the longest spell of its strongest growth…
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CBR fails to bring services sector into tax net
ISLAMABAD (June 09 2007): The Central Board of Revenue (CBR) remained helpless in bringing services sector into the tax net…
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CBR's bid to bring potential units in tax-net
ISLAMABAD (May 24 2007): The collectorates of sales tax have started verifying third-party information, including gas/electricity data to bring potential…
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10-year tax holiday for steel industry proposed
ISLAMABAD (May 24 2007): The Ministry of Industries and Production has proposed the government the new duty and tax regime…
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SBP and CBR to launch automated tax deposit system
ISLAMABAD (May 08 2007): The State Bank of Pakistan (SBP) and the Central Board of Revenue (CBR) have decided to…
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CBR to take policy decision on WHT statements
ISLAMABAD (March 29 2007): The Central Board of Revenue (CBR) will take policy decision on the acceptance of withholding tax…
