Economic and Finance News
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Eurobond issue heavily oversubscribed
ISLAMABAD (February 12 2004): A long list of diversified investors was offering $ 1.8 billion for $ 500 million Pakistan…
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Sales tax concession: Revenue Board rectifies communication glitch
ISLAMABAD (February 12 2004): To discourage deliberate delay in payment of sales tax, the Central Board of Revenue (CBR) has…
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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…
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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…
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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…
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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…
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Software developed for sales tax non-filers' assessment
ISLAMABAD (February 05 2004): The Central Board of Revenue (CBR) has developed a software to carry out automatic assessment of…
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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…
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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…
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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…
