Economic and Finance News
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Sanitary ware, tile retailers get sales tax relief
ISLAMABAD (January 18 2005): The Central Board of Revenue (CBR) has announced that the retailers of sanitary wares and tiles…
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Income tax exemption for gas-fired power plant sought
ISLAMABAD (January 10 2005): The Private Power Infrastructure Board (PPIB) has recommended to the government that income tax exemption may…
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KAPCO's tax exemption to end in 2006
KARACHI (January 10 2005): The tax exemption on Kot Addu Power, which produces 26 percent of the total energy generated…
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RCITs told to implement Zone-B idea of tax facilitation centres
LAHORE (January 10 2005): The Central Board of Revenue (CBR), while appreciating the novel concept introduced recently by Zone-B of…
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CBR intelligence officials powers enhanced
ISLAMABAD (January 09 2005): The Central Board of Revenue (CBR) has enhanced the powers of intelligence officials working under Directorate…
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SECP fails to check corporate irregularities: Honda Chairman
KARACHI (January 08 2005): The role of Securities and Exchange Commission of Pakistan (SECP) in enforcement of corporate governance is…
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No service charge on various PLS accounts
KARACHI (January 08 2005): The State Bank of Pakistan (SBP) has exempted various categories of PLS account from service charges.…
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Sales tax relief on unsold stocks extended
KARACHI (January 08 2005): The Central Board of Revenue (CBR) has extended the sales tax exemption on unsold stocks of…
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SBP sets up $15 million fund for micro-finance banks
KARACHI (January 06 2005): The State Bank of Pakistan (SBP) on Wednesday announced establishment of a New Bank Fund (NBF)…
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CIRC, National Assets reach settlement
KARACHI: State-controlled Corporate and Industrial Restructuring Corporation (CIRC) and National Assets Leasing Corporation (NALC) have reached a financial settlement, under…
