Economic and Finance News
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Income tax offices to remain open till 7 pm on December 31
ISLAMABAD (December 25 2003): The last date for filing of Income Tax returns and deposit of tax in company cases…
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MAP discusses Modarabas and NBFIs rules with SECP
KARACHI (December 25 2003): A delegation of Modaraba Association of Pakistan (MAP) met representatives of Securities and Exchange Commission of…
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CBR clarification about income tax returns under USAS
ISLAMABAD (December 23 2003): Persons having landline phones/mobile phone connections having annual income below the taxable limit should not hesitate…
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Government may appoint new CBR chief for three years
ISLAMABAD (December 23 2003): The government has to appoint new chairman of Central Board of Revenue (CBR) for a period…
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DTRE scheme clarified
ISLAMABAD (December 23 2003): The Central Board of Revenue (CBR) has issued a clarification pertaining to utilisation of raw materials…
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CBR to withdraw contravention cases: SRO 554/98 interpretation
ISLAMABAD (December 20 2003): The Central Board of Revenue (CBR) has decided to withdraw contravention cases against all exporters who…
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Revenue Board issues procedure for blacklisting units
ISLAMABAD (December 21 2003): The Central Board of Revenue (CBR) has empowered the collectors of sales tax to blacklist any…
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Zero-rated duty notified on import of wheat
ISLAMABAD (December 17 2003): Following the decision of Economic Co-ordination Committee (ECC) of the Cabinet, the Central Board of Revenue…
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Unilever planning parting with Dalda
KARACHI (December 18 2003): Unilever Pakistan Ltd, the country's largest consumer goods maker, announced on Wednesday it plans to sell…
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CBR withdraws Yellow Cab Scheme SRO
ISLAMABAD (December 19 2003): The Central Board of Revenue (CBR) has withdrawn SRO of 1991 regarding the “Yellow Cab Scheme”…