Economic and Finance News
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SECP penalises five companies
ISLAMABAD (December 28 2002) : The Enforcement and Monitoring Division (EMD) of Securities and Exchange Commission of Pakistan (SECP) has…
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Three foreign exchange companies to start work from Jan
KARACHI, Dec 27: Khanani & Kalia International has got the SBP licence to work as a foreign exchange company. This…
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Bulls go berserk on stock market
Bulls went berserk on the Karachi Stock Market on Thursday, when the bourse set several all-time high records: Highest ever…
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CBR disallows tax adjustment on diesel used in generators
ISLAMABAD (December 27 2002) : The Central Board of Revenue (CBR) has rejected a major demand of business community by…
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New quota policy likely to show improvements
KARACHI (December 27 2002) : The quota policy for 2003 is likely to show a lot of improvements over the…
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UBL arranging Rs 990 million listed Term Finance Certificates securitisation
KARACHI (December 27 2002) : United Bank is structuring and advising Rs 990 million listed Term Finance Certificates (TFCs) issue,…
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Exporters told to get registered for claiming sales tax refund
ISLAMABAD (December 25 2002) : The Central Board of Revenue (CBR) has directed the commercial exporters to get registered with…
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Chemicals used in production of leather goods: procedure for sales tax record-keeping simplified
ISLAMABAD (December 25 2002) : Making Sales Tax Refund Rules 2002 more business friendly, the government has decided to simplify…
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SECP relaxes rule for quarterly accounts circulation
KARACHI (December 25 2002) : The Securities and Exchange Commission of Pakistan (SECP) has relaxed the rules pertaining to distribution…
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State Bank of Pakistan slashes treasury bills rates by 2.47 percent
KARACHI (December 25 2002) : The State Bank of Pakistan on Tuesday slashed the rates on one-year treasury bills by…
