Economic and Finance News
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ITIS solely for tax base broadening
ISLAMABAD (December 18 2003): The indigenously developed 'Integrated Tax Information System' (ITIS) would solely be used for broadening the tax…
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Habib Bank auction on December 29, bidders told
ISLAMABAD (December 16 2003): The Privatisation Commission (PC) has formally informed the three pre-qualified bidders that the bidding for acquisition…
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Rs 10,000 refund claims to be paid quickly
ISLAMABAD (December 14 2003): In a major move to facilitate small taxpayers, particularly salaried class, the Central Board of Revenue…
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Revenue Board forms steering group to oversee reform process
ISLAMABAD (December 14 2003): The Central Board of Revenue (CBR) has constituted a high powered Steering Group to oversee the…
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Body to complete demutualisation by mid next year: SECP to hire international and local experts
KARACHI (December 15 2003): Dr Tariq Hassan, Chairman, Securities and Exchange Commission of Pakistan (SECP), has said that regulatory plans…
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State Bank clarification about Non-performing Loans (NPLs)
KARACHI (December 13 2003): The State Bank on Friday sent clarification regarding the write-offs of irrecoverable loans and advances to…
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Pakistan to co-operate in Islamic banking with Bahrain
KARACHI (December 13 2003): Pakistan and Bahrain will co-operate in Islamic banking and finance along with other financial sectors. The…
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SECP chief calls for sound and adequate reinsurance
KARACHI (December 13 2003): Securities and Exchange Commission of Pakistan (SECP) Chairman Dr Tariq Hassan has identified that sound reinsurance…
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CBR clarification about new sales tax return form
ISLAMABAD (December 13 2003): Facilitating the business community, the Central Board of Revenue (CBR) has said that taxpayers who already…
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CBR starts probe against units with low value-addition
ISLAMABAD (December 13 2003): The Central Board of Revenue (CBR) has launched a countrywide investigation drive against manufacturers showing less…
