Economic and Finance News
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Duty drawback facility on wheelbarrow tyres, tubes allowed
ISLAMABAD (December 31 2002) : The Central Board of Revenue (CBR) has announced duty drawback facility on the export of…
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KSE outperforms world stock markets, registers 109 percent growth
KARACHI (December 30 2002) : The Karachi Stock Exchange (KSE) during 2002 registered a significant growth of 109 percent and…
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86 percent growth in foreign exchange reserves helps strengthen rupee
KARACHI (December 30 2002) : The country's foreign currency reserves in the calendar year 2002 recorded an unprecedented improvement of…
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Cut in leasing rates pushes car sales up
KARACHI (December 30 2002) : Leading car producers in Pakistan are all set to earn good profits in the current…
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WAPDA revises bonds rate to 7.25 percent
KARACHI (December 30 2002) : The Water and Power Development Authority (Wapda) has revised its rate of return on Rs…
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Major shipping companies cut rental for 40-foot Genset container
KARACHI (December 29 2002) : The Major shipping lines have reduced rental for a 40-foot container, fitted with generating sets…
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Income Tax exemption applicable to coal-gas-fired power plants
ISLAMABAD (December 29 2002) : The government has announced that the coal and gas-fired power plants would continue to enjoy…
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Duty drawback allowed on ceramics, pottery items
ISLAMABAD (December 29 2002) : The Central Board of Revenue (CBR) has given duty drawback facility on the export of…
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KSE index settles at all-time high, volume sets new record
KARACHI (December 28 2002) : Equities on the Karachi Stock Exchange, after a strong tussle, reached the all-time high of…
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New procedure for recovery of excess sales tax refund
ISLAMABAD (December 28 2002) : Tightening laws for the exporters registered with the sales tax department, the Central Board of…
