Economic and Finance News
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SBP announces 'Basic Banking Accounts' scheme
KARACHI (November 30 2005): The State Bank of Pakistan (SBP) has introduced 'Basic Banking Account' (BBA) to help the poor…
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Clearance allowed at both Karachi ports: relief to liquid cargo importers
ISLAMABAD (November 30 2005): The Central Board of Revenue (CBR) has allowed the importers to clear liquid bulk cargo like…
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Dubai Islamic Bank granted Islamic banking licence
KARACHI (November 27 2005): The State Bank of Pakistan (SBP) has granted Islamic banking licence to Dubai Islamic Bank Pakistan…
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CBR creates new senior posts for 'Vigilance Unit'
ISLAMABAD (November 27 2005): The Central Board of Revenue (CBR) has created new posts of 'senior tax officials' within the…
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Duty and GST on LPG import may be abolished
ISLAMABAD (November 25 2005): The Economic Co-ordination Committee (ECC) of the Cabinet is likely to abolish 5 percent customs duty…
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SHC dismisses bourses' plea against electronic exchange registration
KARACHI (November 26 2005): The Sindh High Court has dismissed the stay application filed by the three stock exchanges to…
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Under-valuation of imported goods to be tackled through Chinese data
ISLAMABAD (November 23 2005): The Central Board of Revenue (CBR) has decided to tackle the problem of under-valuation of imported…
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No withdrawing of cases on plea for ADR process: CBR
ISLAMABAD (November 22 2005): In response to applications filed by taxpayers to take up their cases through Alternative Dispute Resolution…
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Reforms aims at raising tax-GDP ratio: Chairman CBR
KARACHI (November 22 2005): The Government wants a quantum jump in tax-to-GDP ratio by restructuring the tax policies, Chairman, Central…
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CBR not to sell confiscated POL items in open market
ISLAMABAD (November 21 2005): The Central Board of Revenue (CBR) has decided not to sell the confiscated petroleum products particularly…
