Economic and Finance News
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SECP cautions 19 stockbrokers to stay within exposure limit
KARACHI (January 24 2003) : The Securities Exchange Commission of Pakistan (SECP) has cautioned 19 stock brokers to stay within…
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KSE index loses another 122 points
KARACHI (January 24 2003) : Equities suffered a substantial decline for the second time this week as bears made heavy…
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PSO's profit in six months up Rs 1.644 billion
KARACHI (January 24 2003) : Pakistan State Oil Limited profit in six months ended December 31, 2002 recorded a significant…
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KSE index nosedives 125 points on panic selling
KARACHI (January 22 2003) : The KSE-100 index on Tuesday registered a substantial decline of 125 points in a single…
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White oil pipeline project: duty, tax relief restored for machinery imports
ISLAMABAD (January 22 2003) : The government on Tuesday restored the exemption of customs duty and sales tax on the…
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Shipping companies ask exporters to abide by US custom
KARACHI (January 22 2003) : Shipping companies have warned exporters to abide the Advance Manifest Rules (AMR) announced by the…
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Over Rs 0.35 million reinsurance premia on life insurance remittance allowed
KARACHI (January 22 2003) : The State Bank of Pakistan has allowed remittance of re-insurance premia on life insurance policies…
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Duty drawback allowed on printing inks, sanitary ware
ISLAMABAD (January 22 2003) : The Central Board of Revenue (CBR) has given duty drawback facility on export of 24…
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SECP thrashes out transfer pricing issue: Companies Ordinance 4th Schedule amended
KARACHI (January 23 2003) : The Securities and Exchange Commission of Pakistan (SECP) has amended the Fourth Schedule to the…
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Flaws pointed out in amended Sales Tax Refund Rules
ISLAMABAD (January 23 2003) : The commercial exporters have pointed out serious flaws in the recently amended Sales Tax Refund…