Economic and Finance News
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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…
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Islamic banking has growth potential: SBP governor
KARACHI (March 05 2004): State Bank of Pakistan Governor Dr Ishrat Husain said on Thursday Islamic banking has been provided…
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NBP and Citibank announces execution of Pakistan's first Coupon Swap
KARACHI (March 05 2004): The National Bank of Pakistan (NBP) and Citibank N.A. on Thursday announced successful arrangement and execution…
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CBR to simplify GST collection on Customs agents' services
ISLAMABAD (March 02 2004): The Central Board of Revenue (CBR) is working to simplify procedure of general sales tax (GST)…
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Risk management guidelines to replace prudential regulations
ISLAMABAD (February 28 2004): The new Prudential Regulations will gradually be replaced with the Risk Management Guidelines. The Risk Management…
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'Decision on Section 73 of Sales Tax Act in next budget': Finance Minister
ISLAMABAD (February 28 2004): Finance Minister Shaukat Aziz has said that the policy decision regarding Section 73 of the Sales…
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Pakistan Steel shares to be floated after clearance of losses
KARACHI (February 28 2004): Shares of Pakistan Steel (PS) will be floated in the stock market after the clearance of…
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Simplified rules to ensure prompt payment of sales tax refund
ISLAMABAD (February 28 2004): Federal Finance Minister Shaukat Aziz has said that simplified “Sales Tax Refund Rules 2004” will ensure…
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Rs 13.28 billion half-yearly earnings for PTCL
KARACHI (February 27 2004): Pakistan Telecommunication Company Limited (PTCL) has earned a net profit of Rs 13.28 billion during the…
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EPZ infrastructure cess withdrawn
KARACHI (February 25 2004): The Sindh Cabinet, which met here on Tuesday, decided to withdraw 0.5 percent infrastructure cess from…