Economic and Finance News
-
Rules for Banks and DFIs: brokerage subsidiaries be kept at arms length
KARACHI (February 11 2004): The State Bank on Tuesday emphasised the need to ensure that the relationship between a bank…
-
Import of new and old cars allowed: Cabinet reduces duties on small CKD, CBU vehicles
ISLAMABAD (February 12 2004): The Federal Cabinet on Wednesday decided in principle to allow import of cars, both new and…
-
CITs to monitor tax men authorised to access ITIT
ISLAMABAD (February 10 2004): The Commissioners of Income Tax (CITs) will strictly monitor the tax officials authorised to access the…
-
Revenue Board directive for sales tax de-registration and transfer of units
ISLAMABAD (February 10 2004): To assist the registered persons in de-registration/transfer of registration, the Central Board of Revenue (CBR) has…
-
Revenue Board to assess withholding tax on imported goods
ISLAMABAD (January 30 2004): The Central Board of Revenue (CBR) would assess withholding tax on the imported goods on the…
-
IPPs can file sales tax returns up to 25th of every month
ISLAMABAD (January 30 2004): Fulfilling a major demand of independent power producers (IPPs), the government has extended date of filing…
-
50 new services to be brought into GST net
ISLAMABAD (January 31 2004): Taking into account suggestions/identification of all four provinces, the federal government is preparing a list of…
-
Sales Tax Refund Rules 2004: Revenue Board seeks business community views
ISLAMABAD (January 31 2004): The CBR will circulate new Sales Tax Refund Rules-2004, to all federations of chambers of commerce…
-
AGP wing to check 85 percent audited units
KARACHI (February 02 2004): The Revenue Receipt Audit (RRA) wing of the Auditor-General of Pakistan will check audit of 85…
-
ITIS also to be launched in Karachi
ISLAMABAD (February 02 2004): Following the successful operation of Integrated Tax Information System (ITIS) at Lahore, the Central Board of…
