Economic and Finance News
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New draft rules for sales tax registration issued
ISLAMABAD (February 18 2003) : The Central Board of Revenue (CBR) has made it mandatory for all registered persons to…
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Moneychangers allowed to take out foreign currencies till March 15
KARACHI (February 18 2003) : The State Bank of Pakistan has allowed the moneychangers to continue to take out foreign…
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Non-banking finance companies: SECP delegates powers to SCD director
ISLAMABAD (February 18 2003) : Through a recently issued Statutory Regulatory Order (SRO) the Securities and Exchange Commission of Pakistan…
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Privatisation Commission all set for PSO pre-bid meeting on February 19
ISLAMABAD (February 18 2003) : The Privatisation Commission (PC) is all set to hold a pre-bid meeting with potential bidders…
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Revenue Board rectifies budget error relating to filing of return
ISLAMABAD (February 18 2003) : The Central Board of Revenue (CBR) has rectified a budget error relating to the date…
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Time for depositing sales tax by ginning industry extended
ISLAMABAD (February 18 2003) : The Central Board of Revenue (CBR) has extended the time period for depositing sales tax…
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Karachi Stock Exchange opposed to opening of fourth stock exchange
KARACHI (February 17 2003) : Majority of Karachi Stock Exchange members, including the management, wanted to annul the decision allowing…
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Pensioners Benefit Account Rules, 2003 issued
ISLAMABAD (February 17 2003) : The government has issued 'Pensioners' Benefit Account Rules, 2003', carrying lucrative benefit for pensioners as…
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Exporters warned of likely high war risk insurance
KARACHI (February 17 2003) : Shipping lines have cautioned exporters of a sudden and high war risk insurance for vessels…
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Stocks more attractive for investment than securities, money market
KARACHI (February 17 2003) : The dividend yields are still attractive as compared with rates offered at the fixed income…
