Economic and Finance News
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Gems, jewellery export picking up
KARACHI (February 05 2003) : The export of gems and jewellery is picking up as this sector has recorded a…
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Central excise duty withdrawn from sulphonic acid import
ISLAMABAD (February 05 2003) : Giving a major relief to the soap/detergent industry, the Central Board of Revenue (CBR) has…
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Petroleum Ministry planning one billion cubic feet gas supply for IPPs to cut power tariff
ISLAMABAD (February 05 2003) : The Ministry of Petroleum (MoP) is embarking upon an ambitious plan to supply, by the…
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Substitution of contracts allowed within six months for pre-shipment loans
KARACHI (February 04 2003) : To promote export trade, Pakistan government has taken special steps to provide pre-shipment loans for…
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Security companies to be assessed under presumptive tax regime
ISLAMABAD (February 04 2003) : The private security agencies engaged in provision of security staff to different organisations would be…
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Fuel oil price raised by 8.7 percent
KARACHI (February 04 2003) : The oil marketing companies have raised the price of fuel oil by 8.7 percent in…
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Cut-off yield for six-month treasury bills may drop by 100 basis points
KARACHI (February 03 2003) : The cut-off yield for the six-month treasury bills is expected to register a decline of…
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Federal Tax Ombudsman rebuts Revenue Board view on jurisdiction of inquiry
ISLAMABAD (February 03 2003) : Federal Tax Ombudsman former Justice Saleem Akhtar has strongly rebutted the Central Board of Revenue…
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Federal Tax Ombudsman takes notice of tactics to block refund
ISLAMABAD (February 03 2003) : Federal Tax Ombudsman Saleem Akhtar has taken serious note of tax officials' tactics to block…
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Re-export of a pesticide cargo allowed
ISLAMABAD (February 03 2003) : The Central Board of Revenue (CBR) has directed all collectorates of customs to allow a…
