Economic and Finance News
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Policy to check sales tax fraud unveiled
KARACHI (January 03 2004): The Central Board of Revenue (CBR) has announced a uniform policy for blacklisting and suspension of…
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'Further tax' exemption not beyond February
ISLAMABAD (January 03 2004): As textile sector has not been able to fulfil conditions to avail exemption of 'further tax'…
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SECP cuts rates of documents late filing fee
The Securities and Exchange Commission of Pakistan (SECP) on Wednesday reduced the rates of late filing fee of documents. The…
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CBR issues comprehensive clarifications on DTRE scheme
ISLAMABAD (January 01 2004): As SRO 410(I)/2001 expired on December 31, the Central Board of Revenue (CBR) on Wednesday issued…
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NBFCs financing: SBP amends Regulations 5 and 9
KARACHI (December 30 2003): The State Bank of Pakistan (SBP) on Monday amended the Regulations 5 and 9, besides issuing…
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DTRE scheme: collectors can decide cases of contravention
ISLAMABAD (December 30 2003): After conducting audit of certain exporters, registered under the Duty and Tax Remission for Export (DTRE)…
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Avoidance of double taxation: Pakistan wants accords with all Saarc states
ISLAMABAD (December 31 2003): Pakistan is keen to have Conventions on Avoidance of Double Taxation with all Saarc member countries…
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Government agrees to extend SRO 410 conditionally
ISLAMABAD (December 31 2003): The government has, in principle, agreed to extend SRO 410(I)/2001 provisions along with certain amendments, taking…
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SECP sets up financial crimes wing
ISLAMABAD, Dec 30: A Financial Crimes Wing has been created in the Securities and Exchange Commission of Pakistan that will…
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SBP gets poor response on treasury bills auction
KARACHI (December 25 2003): The State Bank on Wednesday received poor response on the auction of treasury bills which compelled…
