Economic and Finance News
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Investment companies, adviser rules to be amended
KARACHI (December 04 2002) : The Adviser to the Prime Minister on Finance and Economic Affairs, Shaukat Aziz, said here…
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Drawback facility accorded for viscose fibre
ISLAMABAD (December 04 2002) : Adding 'modal viscose staple fibre' in the list, the Central Board of Revenue (CBR) has…
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Clearance of wrongly picked audit cases in 15 days made mandatory
ISLAMABAD (December 04 2002) : The Central Board of Revenue (CBR) has made it mandatory for the income tax officials…
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Pakistan signs $ 32.367 million rescheduling agreement with Norway
ISLAMABAD (December 03 2002) : Pakistan and Norway have signed $ 32.367 million rescheduling agreement spanning over a repayment period…
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EU withholds 4,000 tonnes of flexibility quota for Pakistan textile exports
KARACHI (December 03 2002) : The European Union withheld 4,000 tonnes of flexibility quota for Pakistan textile exports creating problem…
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Securities, Exchange Commission of Pakistan assumes NBFIs supervision
ISLAMABAD (December 03 2002) : The Securities and Exchange Commission of Pakistan (SECP) has started supervising all non-banking financial institutions,…
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Section 3B of Sales Tax Act not to be invoked for refund to pharmaceutical
ISLAMABAD (December 03 2002) : The Central Board of Revenue (CBR) has announced that the authorities could not invoke section…
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National Commodities Exchange to start gold trading this month
KARACHI (December 03 2002) : The National Commodities Exchange Limited (NCEL), which will start trading in gold during the current…
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Fuel oil prices reduced by 3.4 percent
KARACHI (December 03 2002) : Pakistan oil marketing companies have cut the prices of fuel oil by 3.4 percent, in…
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Central Board of Revenue processes hundreds of sales tax returns erroneously
ISLAMABAD (December 03 2002) : The Central Board of Revenue (CBR) has processed hundreds of sales tax returns erroneously causing…
