Economic and Finance News
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Minimum value-addition for some retailers cut
ISLAMABAD (October 19 2004): The Central Board of Revenue (CBR) has substantially reduced 'minimum value-addition' for retailers of motorcycles, rubber…
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No penalty on sales tax returns till October 25
ISLAMABAD (October 19 2004): The Central Board of Revenue (CBR) has waived additional tax and penalty on the late filing…
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CBR seeks data of salaried persons' employers
ISLAMABAD (October 23 2004): The Central Board of Revenue (CBR) will issue letters to all those salaried persons who failed…
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Drawback on artificial leather reduced
ISLAMABAD (October 23 2004): The Central Board of Revenue (CBR) has reduced duty drawback on the export of artificial leather…
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PLGMEA, CBR discuss refund issue
KARACHI: A delegation of Pakistan Leather Garments Manufacturers and Exporters Association (PLGMEA) led by Fawad Ijaz Khan, Chairman, PLGMEA, called…
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ICI Pak net profit jumps to Rs 2.4bn
KARACHI: ICI Pakistan Limited has declared a net profit of Rs2.4 billion during nine months ended Sept 2004, marking an…
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Export allowed from KEPZ to tariff area
KARACHI (October 09 2004): The Central Board of Revenue (CBR) has allowed export of 100 percent finished goods from the…
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CDC launches IAS Deposit Functionality
LAHORE (October 10 2004): The Central Depository Company (CDC) introduced Deposit Functionality in its Investor Account Services (IAS) here on…
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Parco declares highest dividend
KARACHI (October 12 2004): Pak-Arab Refinery Ltd (Parco) has declared the highest so far dividend of Rs 2 billion after…
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SBP directive for 'B' category foreign exchange companies
KARACHI (October 12 2004): The State Bank on Monday decided to allow 'B' category exchange companies to carry over foreign…
