Economic and Finance News
-
CBR cuts withholding tax on contract carriage
ISLAMABAD (July 22 2006): The Central Board of Revenue (CBR) on Friday decided to reduce withholding tax on contract carriage…
-
SECP asks stock brokers to furnish details by June 22
KARACHI (June 21 2006): The Securities Exchange Commission of Pakistan (SECP) has asked a number of stock brokers to submit…
-
CBR seeks powers to impose penalties, imprisonment
ISLAMABAD (June 21 2006): The government would empower the Central Board of Revenue (CBR) to slap Rs 2 million fine…
-
Exemption to be held for mutual funds: CBR budget amendment proposal
ISLAMABAD (June 21 2006): The Central Board of Revenue (CBR) has submitted to the government that the proposed withdrawal of…
-
CBR grants duty relief on machinery components
ISLAMABAD (June 21 2006): The government has given exemption of customs duty on imports of raw materials, sub-components, sub-assemblies, components…
-
CBR Clarification: No Excise Duty Levied on Data and Internet Services
ISLAMABAD (June 10 2006): The Central Board of Revenue (CBR) has clarified that excise duty has not been levied on…
-
Banks to simplify terms on account opening forms
KARACHI (June 10 2006): All the banks would simplify the terms and conditions on account opening forms. The banks will…
-
Highlights of Sales Tax and Federal Excise Budgetary Measures 2006-07
Budget FY 2006-07 is aimed at simplification of tax system, improvement in resource mobilization, boosting economic activity to ensure robust…
-
Economic Survey of Pakistan 2005-06 Highlights
ISLAMABAD (June 05 2006): Although Pakistan's economy grew at an average rate of almost 7.5 percent per annum during the…
-
Eligibility Criteria Relaxed for SME Classification
KARACHI (June 05 2006): The Federal Government has decided to relax eligibility criteria for small enterprises to enjoy most of…
