Economic and Finance News
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State Bank opens on-line credit information bureau
KARACHI (April 26 2003) : The State Bank of Pakistan has started on-line Credit Information Bureau (CIB) from Friday, which…
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Pakistan State Oil declares 30 percent second interim dividend
KARACHI (April 26 2003) : Pakistan State Oil Limited (PSO) declared the second interim dividend of 30 percent for the…
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Rationalisation of CED on POL products: levy on mineral greases to be slashed in next budget
ISLAMABAD (April 25 2003) : In a bid to rationalise the Central Excise Duty (CED) on POL products in the…
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Revenue Board directs jewellers to pay sales tax or face legal action
ISLAMABAD (April 25 2003) : The Central Board of Revenue (CBR) has directed the jewellers to honestly pay sales tax…
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Carriers raise charges for containerised cargo
KARACHI (April 25 2003) : The goods transporters, operating between ports and factories, have raised transportation charges for containerised cargo.…
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Defaulted loans settlement: SBP dismayed over attitude of banks, DFIs
KARACHI (April 23 2003) : The State Bank of Pakistan has expressed dismay over the attitude of banks and development…
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Green channel likely for invoices clearance without scrutiny
KARACHI (April 23 2003) : The Central Board of Revenue (CBR) has indicated to set up a green channel for…
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State Bank drafts proposals to regulate banking
KARACHI (April 23 2003) : The State Bank of Pakistan has drafted proposals to regulate commercial banking in the country…
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Indian move against EU decision for declaring Pakistani products under GSP to be blocked
ISLAMABAD (April 22 2003) : Commerce Minister Humayun Akhtar said on Monday that Pakistan would block Indian move in World…
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Sales Tax on sugar exported by Trading Corporation waived
KARACHI (April 22 2003) : Central Board of Revenue (CBR) has waived a 15 percent sales tax on the export…