Economic and Finance News
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New incentives provided under DTRE scheme
ISLAMABAD (January 24 2004): On the recommendations of different collectorates, the Central Board of Revenue (CBR) has announced new incentives…
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Revenue Board and SECP to help Afghan government evolve systems
ISLAMABAD (January 25 2004): The government of Pakistan has assured all possible help to Afghan authorities in expanding registration of…
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Provisional sales tax registration allowed
ISLAMABAD (January 23 2004): To encourage investment in the country, the Central Board of Revenue (CBR) has given facility of…
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Revenue Board forms 'Consultative Groups' to evolve system replacing ACR
ISLAMABAD (January 23 2004): The Central Board of Revenue (CBR) has constituted high level 'Consultative Groups' in all major cities…
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Corporate loans to be Kibor-linked from January 31: SBP directive to banks
In order to bring consistency and transparency in corporate borrowings rates, the State Bank of Pakistan has asked the banks…
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Prudential regulations issued for NBFCs
The Securities and Exchange Commission of Pakistan (SECP) has issued prudential regulations for non-banking finance companies (NBFCs) adding anti-money laundering…
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Revenue Board extends SRO 410 till June 30
ISLAMABAD (January 16 2004): The Central Board of Revenue (CBR) has extended SRO. 410(I)/2001 (Temporary Importation Scheme) facilitating 13 leading…
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CIRC satisfied with 88 non performing loans restructuring
ISLAMABAD (January 16 2004): The 13th meeting of the Corporate and Industrial Restructuring Corporation (CIRC) has expressed satisfaction over restructuring…
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CBR assurance to sizing units on sales tax audit
ISLAMABAD (January 16 2004): The Central Board of Revenue (CBR) has assured the All Pakistan Sizing Industries Association (Apsia) that…
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SSGC shares to be sold in mid-February
KARACHI (January 17 2004): Privatisation and Investment Minister Dr Abdul Hafeez Shaikh said that the government will sell shares of…