Economic and Finance News
-
Claims with blacklisted units invoices: 20 panels set up to examine sales tax refund cases
ISLAMABAD (September 12 2004): To facilitate over 2000 exporters in payment of sales tax refund, the Central Board of Revenue…
-
Sales tax payment system for oil marketing companies simplified
ISLAMABAD (September 12 2004): The Central Board of Revenue (CBR) has announced new, simplified procedure for payment of sales tax…
-
ITCs to issue exemption certificates to listed Modarabas
KARACHI (September 12 2004): CBR Member, Direct Taxes, Salman Nabi, on Saturday said here that instructions are being given to…
-
21 points in new tax return form clarified
ISLAMABAD (September 13 2004): To remove confusion in filing income tax returns for tax year 2004 by taxpayers, the Central…
-
Tax procedure for non-resident companies clarified
ISLAMABAD (September 20 2004): The Central Board of Revenue (CBR) has clarified tax deduction procedure for the non-resident companies/persons under…
-
Indus Motors declares 50 percent cash dividend; profit up 17 percent
KARACHI (September 20 2004): Indus Motor Company Limited recorded 17.14 percent growth in profit for the year ended June 30,…
-
DG Khan Cement posts 71.6 percent profit in FY 2004
KARACHI (September 20 2004): The DG Khan Cement, one of the leading cement manufacturers of the country, said its profit…
-
Plan launched for disposal of 11,316 pending audit cases
ISLAMABAD (September 10 2004): The Central Board of Revenue (CBR) has launched a plan for the disposal of 11,316 pending…
-
Duty drawback on PSF-based textile items to be raised
ISLAMABAD (August 25 2004): The Central Board of Revenue (CBR) has decided to enhance duty drawback rates on the export…
-
Services sector grossly under-taxed: CBR Chairman Yusuf
ISLAMABAD (August 24 2004): The Chairman Central Bureau of Revenue, Abdullah Yusuf has said that services sector was grossly under-taxed,…
