Economic and Finance News
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Revenue Board to bring more persons into general sales tax net
ISLAMABAD (January 23 2003) : To bring more persons into GST net, the Central Board of Revenue (CBR) has decided…
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Fitch IBCA disinvests shareholding in PACRA
KARACHI (January 23 2003) : Fitch IBCA, the principal shareholder of Pakistan Credit Rating Agency (Pacra), as part of global…
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State Bank sets Rs 30 billion treasury bills auction target
KARACHI (January 21 2003) : The State Bank has set the target of Rs 30 billion for the sale of…
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SECP stays filing annual return on present format
KARACHI (January 21 2003) : The Securities and Exchange Commission of Pakistan (SECP) has stayed the format of the Annual…
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Pakistan wants to repay costly loans ahead of schedule
KARACHI (January 21 2003) : Pakistan has told the International Monetary Fund that it wants to repay ahead of schedule…
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International donors and CBR agree on revamping terms of reference
ISLAMABAD (January 21 2003) : To completely revamp the tax machinery, the international donors and Central Board of Revenue (CBR)…
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National Savings Scheme launches 11.04 percent profit pension account
ISLAMABAD (January 20 2003) : National Savings Scheme has introduced a new Pensioner Benefit Account, offering 11.04 percent rate of…
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Six-month forward dollar premium hits all-time low
KARACHI (January 20 2003) : The dollar took the battering after broad based sell-off during the week due to selling…
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Ghee units allowed input tax adjustment
ISLAMABAD (January 20 2003) : The Central Board of Revenue (CBR) has allowed the manufacturers of ghee/cooking oil to claim…
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Scheduled banks assets up by 18 percent in 2002
KARACHI (January 20 2003) : Total assets of scheduled banks jumped by Rs 393 billion, or 18 percent, in 2002…
