Economic and Finance News
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Gold jewellery export finance facility extended
KARACHI (April 08 2003) : The State Bank of Pakistan has decided to continue extending the facility of refinance for…
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PIA posts Rs 1.873 billion net profit in 2002
KARACHI (April 08 2003) : Pakistan International Airlines Co, the national carrier, returned to a profit in the year ended…
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SBP report: an appraisal
The State Bank of Pakistan (SBP) released its latest report on the state of Pakistan's economy for the quarter October-December,2002…
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Foreign banks post 53 percent growth in net profits in 2002
KARACHI (April 07 2003) : Foreign banks operating in the country posted 53 percent growth in their after-tax earnings during…
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Pakistan's exports increase by 20.2 percent, trade deficit widens
ISLAMABAD (April 06 2003) : The country's exports have increased by 20.2 percent, to $ 7.859 billion, during the nine…
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IMF lays down parameters for new income tax return form
ISLAMABAD (April 06 2003) : To collect maximum information on taxpayers and identifying those involved in under-reporting, the International Monetary…
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Revenue Board to extend case decision time limits only in exceptional terms
ISLAMABAD (April 06 2003) : Terming the existing time limits for finalisation of tax appeals as sufficient, tax authorities have…
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SBP issues fit and proper test guidelines to banks, DFIs for appointment of key executives
KARACHI (April 06 2003) : The State Bank on Saturday further enlarged the scope of good governance, and decided that…
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IMF criteria for quality service to taxpayers
ISLAMABAD (April 05 2003) : Proposing quality service for at least 50,000 taxpayers in each Medium Taxpayer Unit (MTU), the…
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Adamjee Insurance Rs 219 million profit figure surprises analysts, traders
KARACHI (April 05 2003) : Profit figure of Adamjee Insurance Co surprised every analyst and trader as it reached Rs…
