Economic and Finance News
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Orix Bank to issue 50 percent right shares
KARACHI (November 21 2002) : Orix Investment Bank plans to issue 50 percent right shares to meet the condition of…
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Karachi Electric Supply granted power generation licence
ISLAMABAD (November 21 2002) : The National Electric Power Regulatory Authority (Nepra) has granted generation licence to Karachi Electric Supply…
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Borrowing for budgetary support stays at Rs 3.16 billion
ISLAMABAD (November 21 2002) : The government borrowing for budgetary support remained at Rs 3.16 billion, which had federal government…
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November sales tax returns dates for textile, ginners extended
ISLAMABAD (November 20 2002) : The Central Board of Revenue (CBR) has extended the time period for filing of sales…
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Sales Tax-payers allowed relaxation
ISLAMABAD (November 20 2002) : Relaxing Sales Tax Act, 1990 to facilitate the taxpayers, the Central Board of Revenue (CBR)…
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Companies given December 10 deadline to get licensed software
KARACHI (November 20 2002) : Business Software Alliance, a watchdog agency which looks after the affairs related to the illegal…
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Delay likely in issuance of SRO on CNG kits
ISLAMABAD (November 20 2002) : The issuance of SRO on exemption of GST/duty on CNG kits and cylinders would take…
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Revenue Board rescinds over 100 individual duty drawback SROs
ISLAMABAD (November 20 2002) : The Central Board of Revenue (CBR) has rescinded over 100 individual duty drawback SROs during…
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Pakistan rupee hits 26-month high versus dollar
KARACHI (November 19 2002) : The Pakistan rupee on Monday rose to 26-month high at Rs 57.90 for a dollar…
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Public sector entities allowed to invest surplus funds in non-government securities
ISLAMABAD (November 19 2002) : The government has allowed the public sector entities to invest surplus funds in the non-government…