Economic and Finance News
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SECP directive to insurance companies regarding minimum paidup capital
LAHORE (March 11 2004): The Chairman of Securities and Exchange Commission of Pakistan (SECP), Dr Tariq Hassan, has advised insurance…
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State Bank validates old NICs for banking
KARACHI (March 11 2004): The State Bank has decided to facilitate bank clients by accepting photo copy of the old…
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Abdullah Yusuf named Revenue Board chairman
ISLAMABAD (March 11 2004): The government has appointed Abdullah Yusuf as new Chairman of Central Board of Revenue here on…
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ABL handing over may be delayed for third time
LAHORE: Arrangements for handing over the strategic shares in Allied Bank Limited (ABL) along with management control are in process…
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Tax officials ACRs: CBR to develop new evaluation system
ISLAMABAD (March 07 2004): The Central Board of Revenue (CBR) had arranged a one-day conference on development of a new…
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Pakistan Refinery gets Rs 814 million insurance claim
KARACHI (March 08 2004): Pakistan Refinery Ltd said it had collected the entire marine cargo loss, it suffered due to…
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State Bank issues guidelines for bank and DFI subsidiaries
KARACHI (March 09 2004): The State Bank has issued detailed guidelines on Monday for banks and DFIs desiring to establish…
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Further tax exemption on yarn extended
KARACHI (March 07 2004): The Central Board of Revenue (CBR) has extended exemption for payment of three percent further tax…
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'Concessional rate' of GST for new service providers under study
ISLAMABAD (March 06 2004): The government is examining a proposal to introduce 'concessional rate' of general sales tax (GST) for…
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Pakistan Steel product prices again increased
KARACHI (March 05 2004): Unprecedented and frequent upward revision in the prices of steel products by Pakistan Steel Mills is…
