Economic and Finance News
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Rs 35 per share fixed for Kapco IPO
ISLAMABAD (December 16 2004): The Privatisation Commission board has determined the per share price for Kot Addu Power Company (Kapco)…
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Ban on old machinery and parts import may be removed
RAWALPINDI (December 16 2004): The government is planning to remove the ban on import of old and used machinery and…
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CVT rates on used car import notified
ISLAMABAD (December 16 2004): The Central Board of Revenue (CBR) has issued the actual rate of capital value tax (CVT)…
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Al Meezan to float Rs 1.2bn mutual fund
KARACHI: The public subscription of Meezan Balanced Fund (MBF) – a closed end scheme managed by Al Meezan Investment Management…
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EPB allows 5 percent shipment in all US categories
KARACHI (December 15 2004): The Export Promotion Bureau (EPB) has allowed shipment up to a safe limit of 5 percent…
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Parameters devised for speedy sales tax refund
ISLAMABAD (December 14 2004): The Central Board of Revenue (CBR) has devised 10 major parameters to categorise exporters under 'green',…
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PTCL’s monopoly in Karachi comes to an end
KARACHI: The monopoly of the state-owned telecom giant, Pakistan Telecommunications Company (PTCL), over fixed line telephones, is coming to an…
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SECP and bourses to develop models for demutualisation, integration in 15 weeks
ISLAMABAD (December 12 2004): The three stock markets and the Securities and Exchange Commission of Pakistan (SECP) have fixed a…
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Attock Petroleum plans to offer 10 million shares
KARACHI (December 13 2004): The Attock Petroleum Ltd (APL) will offer 10 million shares at 57.75 rupees by the end…
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Customs barred from raiding factories
ISLAMABAD (December 13 2004): The Central Board of Revenue (CBR) has barred customs officials of Directorate General, Intelligence and Investigation,…
