Economic and Finance News
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Revenue Board fails to recover Rs 200 million from two companies
ISLAMABAD (April 16 2003) : The Central Board of Revenue (CBR) has failed to recover Rs 200 million from two…
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Pakistan goods declaration at sea and air ports brought at par with world standard
KARACHI (April 15 2003) : Pakistan Goods Declaration (PGD) at sea and air ports has been brought at par with…
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CBR to allocate national tax numbers to all taxpayers
ISLAMABAD (April 15 2003) : The Central Board of Revenue (CBR) has decided to allocate National Tax Numbers (NTNs) to…
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State Bank invites suggestions for revised Prudential Rules
KARACHI (April 15 2003) : The State Bank on Monday said that it has been decided to revise the existing…
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Investors taking to new financing modes
Are investors and borrowers taking to new financing modes? The answer, analysis of the financial sector and the capital market…
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IMF advice for turnover tax rate hike rejected
ISLAMABAD (April 14 2003) : The Central Board of Revenue (CBR) has rejected the proposal of International Monetary Fund (IMF)…
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Commercial import of furnace oil may be allowed
ISLAMABAD (April 14 2003) : The government is expected to allow commercial import of furnace oil in a couple of…
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Sales tax refund claim on fake invoice to be treated as tax fraud
ISLAMABAD (April 14 2003) : To control the phenomenon of fake/flying invoices, the buyer of the fake invoices would be…
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KESC tariff raised by 12-20 paisa per unit: residential and agri consumers spared
ISLAMABAD (April 13 2003) : The National Electric Power Regulatory Authority (Nepra) on Saturday raised Karachi Electric Supply Corporation (KESC)…
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DTRE rules amended to facilitate exporters
KARACHI (April 13 2003) : On the recommendations on Duty and Tax Remission on Export (DTRE), a number of amendments…
