Economic and Finance News
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Customs to charge Re 1 per kg FED on edible oils import
ISLAMABAD (January 15 2006): The Central Board of Revenue (CBR) has directed all collectors of customs to collect federal excise…
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Powers and jurisdiction of DGIIA officials revised
ISLAMABAD (January 15 2006): The Central Board of Revenue (CBR) has revised the powers and jurisdiction of the tax officials…
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No extension in date for e-filing of sales tax returns
KARACHI (January 15 2006): The Central Board of Revenue (CBR) will not extend the date for filing of sales tax…
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RCITs directed to allocate NTNs to real estate investors
ISLAMABAD (January 14 2006): The Central Board of Revenue (CBR) has directed all Regional Commissioners' of Income Tax (RCITs) to…
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Monopoly Control Auhtority (MCA) penalises 18 cement units
ISLAMABAD (January 10 2006): The Monopoly Control Authority has imposed penalty of Rs 100,000, and Rs 10,000 per day, from…
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SECP issues Prudential Rules for NBFCs
ISLAMABAD (January 10 2006): The Securities and Exchange Commission of Pakistan (SECP) has issued 'prudential regulations' for non-banking finance companies…
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CBR to finalise arrangements for RTOs in Sindh
ISLAMABAD (December 31 2005): A CBR team has left for Karachi to finalise arrangements for setting up Regional Tax Offices…
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CBR starts exercise to simplify perquisites calculation
ISLAMABAD (December 31 2005): The Central Board of Revenue (CBR) has started an exercise to simplify the income tax procedure…
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KSE rejects SECP directive over appointment of stocbrokers as chairman
KARACHI (December 31 2005): The members of Karachi Stock Exchange (KSE) in a meeting on Friday rejected the directive of…
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Central Board of Revenue(CBR) devises new policy to take away tax exemptions
ISLAMABAD (December 29 2005): The Central Board of Revenue (CBR) has devised a new policy for taking away income tax…
