Economic and Finance News
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Exporters to get new incentives in budget: DTRE scheme being revamped
ISLAMABAD (June 08 2004): The Central Board of Revenue (CBR) will give new incentives to the exporters under the revamped…
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Rules for 'B' category exchange companies issued
KARACHI (June 08 2004): The State Bank on Monday issued rules and procedures for 'B' category of Exchange Companies which…
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SECP approves merger of three companies into FSIBL
LAHORE (June 08 2004): The Securities & Exchange Commission of Pakistan (SECP) has sanctioned the schemes of merger/amalgamation of Paramount…
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Jewellers exempted from past sales tax liabilities
ISLAMABAD (June 04 2004): The Central Board of Revenue (CBR) has given exemption of past sales tax liabilities, ie, prior…
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Sales Tax registration and de-registration to be carried out through TFCs
ISLAMABAD (May 31 2004): The sales tax registration and de-registration will be carried out through Taxpayer Education and Facilitation Centres…
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Contravention cases period to be reckoned from installation
ISLAMABAD (May 30 2004): The Central Board of Revenue (CBR) has announced that contravention cases would not be framed against…
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Dispute Resolution Complex to handle only tax adjudication cases
ISLAMABAD (May 31 2004): The Dispute Resolution Complex, Karachi, will exclusively deal with all the adjudication cases of customs, sales…
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Tax Ombudsman rules CBR circular as void
ISLAMABAD (June 01 2004): The Federal Tax Ombudsman, Justice Saleem Akhtar, has decreed that a circular of CBR regarding new…
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SBP issues Master Circular for SLR
KARACHI (May 29 2004): The State Bank on Friday issued Master Circular containing consolidated instructions about Statutory Liquidity Requirement. In…
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CBR asked not to levy sales tax on computers
ISLAMABAD (May 29 2004): The government has directed the Central Board of Revenue (CBR) not to amend Sixth Schedule of…
