Economic and Finance News
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Licences of non-functional warehouses to be cancelled
ISLAMABAD (July 21 2005): The Central Board of Revenue (CBR) has decided to cancel the licences of all non-functional bonded…
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Duty relief on computer parts restored
ISLAMABAD (July 21 2005): The Central Board of Revenue (CBR) has restored the exemption of customs duty on import of…
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CBR begins desk audit of four sectors
ISLAMABAD (July 20 2005): The Central Board of Revenue (CBR) has started desk audit of four sectors, which include commercial…
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Pakistan-Switzerland sign convention for avoidance of double taxation
ISLAMABAD (July 20 2005): Pakistan and Switzerland on Tuesday signed a Convention for Avoidance of Double Taxation to promote trade…
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Seven categories covered under Customs amnesty scheme
ISLAMABAD (July 20 2005): Seven categories of cases have been covered under the amnesty scheme for availing exemption from fine…
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Additional collectors to adjudicate all cases
ISLAMABAD (July 19 2005): The Central Board of Revenue (CBR) has given extensive powers to additional collectors to adjudicate all…
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Karachi Stock Exchange introduces COT freeze system
KARACHI (July 19 2005): The board of directors of Karachi Stock Exchange (KSE) has started a system for freezing total…
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Customs sub-collectorate set up at Sost
KARACHI (July 18 2005): In Northern Areas, Customs Sub-Collectorate has been set up at Sost for facilitation and smooth flow…
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Audit of goods released under DTRE ordered
ISLAMABAD (July 18 2005): The Central Board of Revenue (CBR) has ordered audit of imported consignments released under the 'Temporary…
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SECP declares KSE decision for removing cap on COT as null and void
KARACHI (July 16 2005): The Securities and Exchange Commission of Pakistan (SECP) has declared Karachi Stock Exchange (KSE) decision for…