Economic and Finance News
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Revenue Board devising new system for income tax returns under SAS
ISLAMABAD (March 24 2003) : Under the guidelines of International Monetary Fund (IMF), the Central Board of Revenue (CBR) is…
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Duty drawback facility given to cosmetics units
ISLAMABAD (March 22 2003) : The Central Board of Revenue (CBR) has given duty drawback facility to the cosmetics units…
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Task force suggests boost in levels of investment to 20 percent of GDP
ISLAMABAD (March 22 2003) : Task force to accelerate investment has recommended to boost investment levels to 20 percent of…
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Import of 78 more items from India allowed
ISLAMABAD (March 21 2003) : Pakistan has allowed import of 78 more items from India with concession in tariff, despite…
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Shipping lines hint at war risk premium
KARACHI, March 20: The foreign shipping companies started giving warning signals to the exporters for imposing war risk premium (WRP)…
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SECP finalises Companies Rules, 2003 to regulate Single-member companies
KARACHI (March 21 2003) : The Securities and Exchange Commission of Pakistan (SECP) has finalised the Companies Rules, 2003 to…
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Sales tax auditors blackmailing taxpayers
ISLAMABAD (March 20 2003) : The sales tax auditors of the Central Board of Revenue (CBR) have invented a new…
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IMF suggests 15 percent GST on computer items, machinery
ISLAMABAD (March 20 2003) : The International Monetary Fund (IMF) has asked the Government of Pakistan to impose 15 percent…
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Printing price on imported goods: Revenue Board decision creates problems for MNCs
ISLAMABAD (March 20 2003) : The Central Board of Revenue (CBR) decision to print retail price on imported goods has…
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No income tax relief to welfare bodies working for personal gains
ISLAMABAD (March 19 2003) : The Central Board of Revenue (CBR) has decided not to allow income tax exemption of…
