Economic and Finance News
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Sales tax collectors can condone time limit
ISLAMABAD (July 28 2004): Taking a relief measure to facilitate the business community, the Central Board of Revenue (CBR) has…
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SECP notifies accounting standards, Companies Ordinance 4th Schedule revised
KARACHI (July 28 2004): The Securities and Exchange Commission of Pakistan (SECP) has notified revised Fourth Schedule to Companies Ordinance,…
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Duty drawback rates on hosiery items reduced
ISLAMABAD (July 27 2004): The Central Board of Revenue (CBR) has reduced duty drawback rates on the export of hosiery…
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Four categories of shipping agents to pay fixed CED
ISLAMABAD (July 23 2004): The Central Board of Revenue (CBR) has announced that four categories of shipping agents, including non-vessel…
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Profits on COIs issued by Investment Banks exempt from tax
ISLAMABAD (July 20 2004): The Central Board of Revenue (CBR) has clarified that the profit earned on Certificates of Investment…
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Duty on pharma raw materials slashed
ISLAMABAD (July 17 2004): To encourage investment in pharmaceutical sector, the Central Board of Revenue (CBR) has slashed custom duty…
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Fertiliser values for sales tax assessment reduced
ISLAMABAD (July 17 2004): To benefit farming community, the federal government has reduced the value of phosphoric fertilisers for assessment…
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Rules for issuing shares unveiled
KARAHI (July 17 2004): The Securities and Exchange Commission of Pakistan (SECP) has issued detailed guidelines on issuing shares at…
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Procedure for imports clearance fine-tuned
ISLAMABAD (July 12 2004): To streamline imports clearance procedure, the Central Board of Revenue (CBR) has announced that importers will…
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Imports under SRO 410: PRGMEA resents bank guarantee condition
KARACHI (July 05 2004): The Central Board of Revenue has laid down a new condition in revised SRO 410 allowing…
