Economic and Finance News
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CBR Revises Standard Operating Procedure for Sales Tax Returns
ISLAMABAD (December 29 2005): The Central Board of Revenue (CBR) has asked the collectors to reject four types of inadmissible…
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SECP unveils rules to allow non-member act as KSE chief
KARACHI (December 29 2005): The Securities and Exchange Commission of Pakistan (SECP) has announced rules to allow the Karachi Stock…
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Corporate entities need not submit documents when filing e-returns
SLAMABAD (December 25 2005): The corporate companies would not be required to submit supportive documents along with the income tax…
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Fake SRO used to claim sales tax exemption
ISLAMABAD (December 25 2005): Some businessmen have tried to claim exemption of sales tax/customs by presenting fake 'Statutory Regulatory Order'…
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Central Board of Revenue planning to revamp appeals system
ISLAMABAD (December 24 2005): The Central Board of Revenue (CBR) is planning to revamp the entire appeals system to speed…
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Rules for Continuous Funding System (CFS) implementation notified
KARACHI (December 20 2005): The Karachi Stock Exchange (KSE) has released rules and regulation pertaining to ‘continuous funding system’ (CFS)…
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SBP invites suggestions on new Export Finance Scheme
KARACHI (December 20 2005): The State Bank of Pakistan has invited suggestions and recommendations from all the stakeholders on the…
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CBR lists zero-rated sales tax machinery
ISLAMABAD (December 19 2005): Taking a major step to facilitate the investors, the Central Board of Revenue (CBR) has issued…
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Exporters to get more facilities for ST refund
KARACHI: Collector of Sales Tax Enforcement Ghulam Ahmed said on Wednesday that the condition of verification of shipping bill submitted…
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CBR to approach Finance Ministry to seek legal support
ISLAMABAD (December 09 2005): The Central Board of Revenue (CBR) will approach the Finance Ministry to seek legal support for…
