Economic and Finance News
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Sales Tax-registered gas consumers may claim 'input tax adjustment'
ISLAMABAD (February 01 2003) : The Central Board of Revenue (CBR) has allowed registered consumers of natural gas to claim…
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Pakistan State Oil launches corporate credit cards
KARACHI (February 01 2003) : American standards of accounting have elevated Pakistan State Oil to US $3.5 billion dollar company,…
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Port Qasim Authority plans further cut in tariff
KARACHI (February 01 2003) : The Port Qasim Authority (PQA) is considering further reduction in the port tariff. It is…
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Rs 237 billion taxes collected in seven months
ISLAMABAD (February 01 2003) : The Central Board of Revenue (CBR) has provisionally collected Rs 237 billion against target of…
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Debt servicing to fall to 25 percent by 2004-05: State Bank Governor
KARACHI (February 01 2003) : Pakistan's debt servicing would be reduced to 25 percent from the current 40 percent of…
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Export finance rate further reduced to 5.5 percent
KARACHI (February 01 2003) : The State Bank of Pakistan on Friday further cut the export refinance rate by 0.5…
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Duty drawback allowed on Bopp film, mosaic marble
ISLAMABAD (February 02 2003) : To facilitate three sectors to enhance exports, the Central Board of Revenue (CBR) has given…
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Sales Tax Act 1990: Revenue Board vetting consultant's proposal to annul Third Schedule
ISLAMABAD (January 31 2003) : The Central Board of Revenue (CBR) has made some observations on the Maxwell Stamps proposal…
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SECP unveils code of corporate governance for insurance companies
ISLAMABAD (January 31 2003) : The Securities and Exchange Commission of Pakistan (SECP) has introduced the code of corporate governance…
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Habib Bank's profits soar to Rs 4.1 billion, a new record set in 2002
KARACHI (January 31 2003) : Habib Bank Limited (HBL) established a new record in the banking sector by achieving a…
