Economic and Finance News
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SBP body to settle write-off disputes
LAHORE, March 10: The central bank has constituted a six-member committee to settle the disputes relating to the write-off of…
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Tax reforms to complete by 2006
ISLAMABAD, March 10: Tax authorities have finalized schedule for comprehensive tax reforms strategy to be completed by 2006. According to…
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HBL okays rules for write-off
LAHORE, March 10: The HBL board of governors had approved the central bank's guidelines for the “write-off of irrecoverable loans…
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Privatisation Commission to sell shares of public entities through stock exchange
ISLAMABAD (March 09 2003) : The Privatisation Commission (PC) has decided to divest shares of some major public sector entities…
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Income tax law ambiguity for shipping sector removed
ISLAMABAD (March 09 2003) : To remove an ambiguity pertaining to shipping industry in the Income Tax Ordinance 2001, the…
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No more audit of businessmen by DRRA: finance adviser tells Federation Chambers
KARACHI (March 09 2003) : Shaukat Aziz, Prime Minister's Advisor on Finance and Economic Affairs, has said that henceforth audit…
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Pakistan's foreign exchange reserves cross $10 billion landmark
KARACHI (March 08 2003) : Pakistan's foreign exchange reserves achieved the landmark of 10 billion dollars on Friday, much earlier…
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Revenue Board faces uphill task in abolishing central excise duty
ISLAMABAD (March 08 2003) : The Central Board of Revenue (CBR) will be facing an uphill task in the coming…
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Automotive wheel hub exporters given duty drawback: rates of juices revised
ISLAMABAD (March 08 2003) : The Central Board of Revenue (CBR) has given duty drawback to the exporters of all…
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Pakistan altering external financial market policy
ISLAMABAD (March 07 2003) : After facing serious adverse outcomes of the raising forex reserves, the government is altering its…